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  • Cash Back Credit Cards – Which Credit Cards Are Giving Cash Back?

    Cash back credit cards are an excellent means to put a little more cash back in you wallet. What could be more exciting than to receive money back on your credit card and spend it the way that you choose rather than to sign up for some points system that only allows you to choose from a list of items when it comes time to redeem your hard earned points?

    Cash back credit cards come in all different forms. You have Mastercard, Visa, Discover, and American Express just to name a few.  They are offered by several credit card companies and each comes with its own perks. There are currently a handful of cash back credit card deals out there.

    The Capital One No Hassle card gives you a solid 2% at gas stations and most major groceries stores. All other purchases earn 1%. They do not place limits on how much you can earn and your cash back does not expire.  This card comes with no annual fee and a promotional APR of 0% until may 2010. From there it goes to a 14.9% variable rate.

    The Discover More card offers an even sweeter deal with 5% cash back in categories such as travel, gas, home improvement stores, department stores, pet stores and many more. They also give 1% cash back on everything else. If you use their exclusive online store you can save anywhere from 5%- 20%. This card comes with a 0%APR on purchases and balance transfers.

    Chase Freedom card has an offer that only gives 1% cash back on all purchases, however;  they give you $50 cash back after you make your first purchase. They do offer a rotating 3% in select categories such as gas, home improvement and department stores. By rotating they are saying that you can earn the higher interest rate only in certain categories at during certain months. Another perk is that this card comes with a rate as low as 12.24%.

    TrueEarnings card From Costco and American Express gives 3% cash back up to $3,000 on gasoline, 3% cash back at restaurants, 2% cash back on travel, and 1% on everything else. There is no annual fee if you hold a Costco membership and if you earn $25 cash back after you make your first purchase!  Enjoy a 0% intro APR for 3 months.

    These are some of the more popular cash back credit cards that are out there right now. It is up to you to search for them and find the one that best fits your needs and lifestyle.

    Published on August 10, 2009 · Filed under: Credit Cards, Healthy Financial Habits;
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