If you're responsible with credit and pay off your balance each month, consider taking advantage of a card that
offers back a percentage of the amount you spend.
Not exact matches
While Square started out by
offering merchants cash advances through its Square Capital subsidiary starting in 2014, the company announced in March it planned to discontinue those, and was entering the online lending world,
offering its customers loans which they pay
back as a
percentage of sales.
These programs
offer merchants financing in exchange for a fixed fee which is paid
back as a
percentage of the merchant's daily sales.
When you're looking cards for yourself, look for the ones that
offer attractive cash -
back percentages, or travel rewards, appealing sign - up bonuses, and simple redemption models.
Apps like Ibotta or SavingStar let you earn cash
back on grocery purchases, while sites like eBates
offer a
percentage back on many online purchases.
Several corporations now
offer give -
back or rewards programs that donate
back a
percentage of sales made to programs chosen by the purchaser.
But please be aware that after the initial low interest rate
offer ends on your new card, it can climb
back to a higher
percentage — and in fact may be even higher than the interest rates on the other credit cards you have.
Hinrich Woebcken, VW Group of America CEO, said a few months ago that VW will continue
offering diesels when it makes sense on a particular model, while adding «we have to accept that the high
percentage of diesels that we had before will not come
back again.»
So when Hachette cried foul
back in May that Amazon was after a
percentage of profits, that's because they saw Amazon
offering perhaps only 50 % on ebooks priced above $ 9.99.
Here are the top credit cards that
offer the best
percentage cash
back deals:
The Discover It is a great general purchase cash
back rewards credit card, but some cardholders might find other cards to be better options, whether because of higher cash
back percentages, fewer limits on rewards spending, better introductory
offers, or more widespread acceptance.
When some categories are not eligible for the highest rewards, other credit cards may be
offering larger cash
back percentages at the same time.
Usually this is a
percentage, with 1 % on every dollar being standard, and 6 % per dollar being the biggest cash
back offer in most cases.
The credit cards basically
offer you a
percentage back on what you spend.
These cards can
offer high
percentages of cash
back for first purchases and more.
Another system involves carrying just one credit card, which
offers a somewhat lower
percentage cash
back, but on a wider variety of items.
A lot of cards
offer cash -
back bonuses, this works by giving you a
percentage of your total spend
back at the end of the month.
However, your credit card may
offer points or miles instead of a specific cash
back percentage based on what you spend.
Some cards will
offer a higher
percentage of cash
back for certain types of purchases, like groceries, dining, or gas.
Some cards
offer unlimited cash
back on all purchases up to a certain spending threshold; others impart higher cash
back percentages according to various spending categories assigned by the card issuer.
> We
offer a fall -
back Annual
Percentage Yield of 2.00 % for those accounts not meeting the minimum $ 800 net direct deposit threshold.
The top dog of initial bonuses also has one of the best flat - rate cash
back rewards
percentages: that's right, the Capital One Spark Cash credit card not only
offers 2 % unlimited cash
back but a giant one - time $ 500 bonus when you hit the spending requirement.
If you can't afford to pay
back everything you charged, even with consolidation, debt settlement
offers a fast and easy way to get out of debt for a
percentage of what you owe.
But if you spend the majority of your money on other purchases, you might be better off getting a rewards card that
offers a high cash
back percentage on everyday purchases like the Quicksilver card or even the QuicksilverOne card.
Some of the best cash
back cards
offer rotating categories, which means the
percentages may change each month or quarterly, for example, for specific categories.
Other cash
back credit
offers offer you certain
percentages for different categories.
The Store of the Week section
offers a temporary increase in the cash
back percentage, while the Weekly Deals section features incentives like free shipping and discounts.
If you do plan on signing up for a new card with a cash
back deal, look for an
offer that gives you a higher cash
back percentage (as much as 5 percent) on popular retailers such as Walmart, Target, or even Amazon.
For example, some credit cards
offer cash
back or travel statement credits worth a
percentage of all your purchase transactions — sometimes as high as 2 percent on every purchase.
Many card companies
offer either a rewards program where you get a certain
percentage back based on various types of purchases, or a lump sum at the end of your monthly or yearly statement cycle.
Fast forward a few years when children come into the picture, and a cash -
back card
offering a
percentage back on grocery store or pharmacy expenses may make more sense than racking up travel rewards points.
But for anyone with better than average credit, there are a number of other rewards credit cards that
offer higher cash
back percentages, better reward redemption, and more generous introductory
offers.
These are the major quarterly rotating categories that
offer the highest
percentage of 5 % cash
back.
I consider this to be similar to a Tax Debt Forgiveness Program, since it allows you to literally wipe out a portion of your debt (based on what you can afford to pay), and
offer to pay
back the IRS some
percentage of the amount of money that they originally demanded.
The majority of cards that we polled (27 cards) were flat - rate cards — that is, cards that
offer the same
percentage of cash
back for every purchase.
Look for a card that
offers a higher
percentage back on purchases at gas stations.
These sites partner with retailers to
offer consumers a
percentage of their purchases
back in cash.
Pet Business» 2013 Retailer of the Year, Chuck & Don's, which operates 24 stores in Minnesota and Colorado,
offers a tiered customer - loyalty program that gives shoppers a
percentage of their purchases
back in the form of a rebate.
Instead of rewarding animal control officers for creating good outcomes for the owners and animals by
offering assistance when needed or for scanning for microchips in the field so animals can get
back home, the rewards system is now put in place to encourage animal control officers to bring animals
back to the shelter where a large
percentage of them end up dying.
Therefore, it should be your go - to card for any spending category not covered by other cards that
offer a higher cash -
back percentage.
But outside of introductory
offers and high -
percentage cash -
back programs, earning significant rewards takes work.
Our research shows that most consumers don't allocate a large
percentage of their budgets to Amazon purchases and — while the card does
offer a 2 percent bonus on lucrative categories such as restaurant, gas station and drugstore purchases — this isn't enough to recommend the Prime card above cash
back cards that
offer general rewards rates of 1.5 percent or more.
And then there are the flat reward cards that
offer a fixed
percentage back, regardless of where the card is used.
These cards require customers to consider their purchases before signing up,
offering a larger
percentage cash
back for groceries, dining or gas depending on which card is chosen.
Every cash
back cards
offers a base rate — a flat
percentage of cash
back on all qualifying purchases — with 1 percent base rate being the norm and 2 percent a rare exception.
On top of those base rates, 25 cards — almost half of those surveyed —
offer a higher
percentage cash
back on certain purchases, often with some sort of cap on earning.
How cash
back credit cards work — Cash
back credit cards
offer a flat
percentage back on every purchase, tiered rewards or bonuses in rotating spending categories.
These cards can
offer high
percentages of cash
back for first purchases and more.
SimplyBestCoupons is
offering the highest
percentage in cash
back for Groupon, at 8%. Ebates.com is
offering 6 % cash
back.
Any credit card that can return the same
percentage or more — in cash -
back offers or rewards — would help recoup the costs of the convenience charge.