When account balances are being paid off, Citi awards a 1 % cash
reward on the debt payments.
Not exact matches
There's a risk /
reward element to
debt consolidation, but as long as you stay
on top of your
payments, the risk portion shouldn't be an issue.
Student credit cards like the Journey ® Student
Rewards from Capital One ® card offer students with little credit history the chance to demonstrate they can use
debt responsibly, for example, by making their monthly
payments on time.
Those
rewards are then used to make extra
payments on any student loan, helping you get out of
debt faster.
Consumers also benefit when they are
rewarded for
on - time, responsible
payment of
debts that improve their credit score.
Although there is a balance transfer fee, you will not pay any interest for the first 15 months allowing you to decrease your
debt, while still earning 1 % cash back
rewards on your purchases, as well as another 1 % when you make
payments on those purchases.
Missed card
payments tick up As cardholders rack up charges
on their
rewards cards and pack
on more
debt, a growing number of cardholders are falling behind
on payments.