Understanding Rebate Credit CardsUnderstanding Rebate Credit Cards

You may notice that wherever you go today, you will see all kinds of advertisements for all kinds of credit cards from regular credit cards to cash back credit cards. With rebate credit cards, the cardholder is given back a portion of his purchase in the way of a percentage of the total amount spent in a billing period or annually. These rebates are normally somewhere between 1% and 5%.

There are so many credit card companies for you to choose from and each one of them really wants your business. Without consumers, the credit card companies cannot make profits to keep them up and running, therefore they are all battling over you. Yes, you! Every one of them desires to have you as a loyal cardholder especially if you have good or excellent credit. To make their credit cards more appealing they come up with many unique incentives to draw you in and use their credit cards. This is where rebate credit cards are so appealing. You can purchase all the items you normally purchase at your favorite stores and receive credit card rebates just for using these cards.

You can receive up to 5% cash back with many of these cash back card offers just for shopping at grocery stores, drug stores and gas stations. Many even give you 1% cash back for shopping at discount or department stores.

However, just because the rebate credit cards sound great they are not for every person that desires such a credit card. If you are the type of person that always carries a balance on your credit card the money you earn can be gobbled up rather quickly by interest rate charges. You can find some rebate credit cards that do offer 0% APR for an introductory period which could be a better way to go, if you pay off the balance quickly before the introductory offer expires. However, you must also remember if the 0% APR is only for balance transfers and not for new purchases then you may find yourself deeper in debt and not collecting any cash back. Any payments you make will be applied to the original balance transfer and then you will be paying interest on the new purchases. Some credit card companies are also offering $5 cash back for every balance transfer, so this is something else you should look at before applying for in a cash back card.

When you decide among rebate credit cards, you may really make a tidy little profit if you always are sure to pay off your card balance every month. Think about it. Use coupons at the grocery store, you can save up to 30% off your grocery bill just by remembering those coupons. Now, just use your rebate credit card and you will be receiving another 5% for shopping and using your cash back card.

What about all that money you spend on gasoline for you car? It would be nice to put some of that money back in your pocket. Many of these rebate credit cards give you up to 5% cash back at the pumps as well.

by Robert Alan
References and Bibliography

For more on rebate credit cards available in the marketplace, Robert Alan recommends that you visit CreditCardAssist.com.

Rated:NR/0 Votes
Add To My Article Reading List
Add To My Article Reading List
Print Article
More Article By Robert Alan
More Article by Robert Alan
More Articles From Credit
More Articles From Credit
Related Articles and Readings
Save Money on Gas With Gas Rebate Credit Cards By: Barry Boggs Jr
There are 7 simple steps to help you save up to 25 cents per gallon or more on gas purchases using gas rebate credit cards.1) Know the rebate percent. It sounds simple but some cards give a 10% rebate and others only give a 3% rebate on gas purchases. ...
Lower Your Gas Bill Using Credit Cards By: Joseph Kenny
It is no secret that the cost of gas has continued to increase and it appears that this trend won't end anytime soon. This has left many people looking for ways to reduce the amount they spend on gas every month. Many people may be surprised to learn that one ...
Guide To Gas Rebate Credit Cards By: Joseph Kenny
Looking for a way to cut back on your gasoline expenses? You could learn to drive at 55 - the speed which most experts say is the most economical on gas. You could trade in your car for a model that guzzles less of the expensive elixir. You could leave ...
Finding the Best Gas Credit Cards By: Morgan Hamilton
You can find gas credit cards for just about any major - and some minor - gas companies. These gas credit cards are easily found online. One site we perused, for example, told us about several different gas credit card offers. It told us how to find gas credit ...
Rebate Credit Cards By: Andy Eaton
Cash rebate credit card allows its customer to get a cash rebate every time it is used. Many companies have adopted this method to keep their customers happy. Such offers make sure that customers get back something back every time they make a purchase.A cash rebate Credit Card ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more


  • » Active Categories: 419
  • » Active Articles:252603
  • » Active Authors:31917
  • » Active Members: 38237
  • » Statistics Updated:
    - Tue Sep 1st, 2020 09:28AM EST