Financial Organization, Planning, Budgeting
Save With Cash-Back Cards
Buying items simply to get a cash rebate from a credit card doesn’t make sense – but what if you must pay a certain expense? Take care insurance, for example: If you pay your premiums using a cash-back credit card, you could save 1 to 5% on your insurance payments.
The key is to use a cash-back card – or any credit card, as a matter of fact – to make purchases you need to make. Buying items to qualify for rewards is rarely a good financial decision, but if your insurance, utilities, or other recurring and essential bills can be paid with a credit card, a cash-back card can provide an immediate discount on those costs.
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