We have a credit card that gives 6% cash back on groceries, 3% on gas and some discounts on streaming services. It blows my mind that every few months I can cash out a $200 or so credit towards my balance. I needed to buy those things anyway and have autopay set to the full balance each month so it really is free money. So if you can get one, absolutely a credit card that gives cash back. The one I mentioned is Amex Blue Cash Preferred but there other options out there that give other bonuses, like 2% back on everything or 6% back on something up to a certain cap.
Blows our minds that yanks think they’re getting money back from a credit card company, rather than realising they’re handing the company extra money every time they use their card, and the company gives them a bit of it back after they’ve finished with it
We have a credit card that gives 6% cash back on groceries, 3% on gas and some discounts on streaming services. It blows my mind that every few months I can cash out a $200 or so credit towards my balance. I needed to buy those things anyway and have autopay set to the full balance each month so it really is free money. So if you can get one, absolutely a credit card that gives cash back. The one I mentioned is Amex Blue Cash Preferred but there other options out there that give other bonuses, like 2% back on everything or 6% back on something up to a certain cap.
Blows our minds that yanks think they’re getting money back from a credit card company, rather than realising they’re handing the company extra money every time they use their card, and the company gives them a bit of it back after they’ve finished with it
If you pay the entire statement balance every month then you don’t pay interest.