Credit card rewards programs are great. I use one card to make all of my personal charges, and rackup a bazillion miles as a result. However, there are lots of different rewards cards out there, and the choices can be confusing.
For our business, we use an Americna Express Blue card. We pay our balance off every month, and get back on every purchase. This card is only good if you pay your balance in full every month though… if you don’t, the interest rate is a killer.
Many cash back credit cards have restrictions. Be aware of cash back offers that limit the amount you can get back, or only start providing the rewards after you make some minimum purchase amount.
Mileage cards are great if you travel a lot, but can come with high annual fees.
Consumer Reports just did a great article on the topic, so instead of reiterating all the same advice here, go ahead and read their article. It’s good.
No comments yet.
RSS feed for comments on this post. TrackBack URI
