How and when do you use your cash back? : r/CreditCards - Reddit

I keep a yearly "wins and deals" document. I use the cash back to pay off the balance on the bill and I make a note of the money amount, the date, the card that earned the cash back, and …

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What Do You Do With Your Cash Back? : R/CreditCards - Reddit

4 weeks from now

Usually just keep the cash back as Chase UR points Apple Card: 3% at select merchants like Apple, Walgreens, Mobil, Uber, etc., 2% everywhere with Apple Pay Mostly use it for financing …

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What Does Everyone Do With Their Cash Back Earned From Your

4 weeks from now

Scenario: You purchase items worth $100. This gives you 1% cash back, or $1. You apply it to your statement, meaning you owe $99 now. When you pay it off, you get another 1% cash …

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How Do You Spend Your Rewards/cash Back? : R/CreditCards - Reddit

4 weeks from now

About the only cash back I get is from a 5% Pen Fed gas card. That gets applied to the balance automatically every month so no need to do anything. I also have a little used Discover. That …

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How Do You Utilize Your Cash Back? : R/CreditCards - Reddit

4 weeks from now

PayPal 2% on everything : Cash out EOY and use it to invest between Dec-Feb. Amazon 3-5%: Amazon purchases (points) Citi Costco 2-4%: Cash back pays yearly membership and …

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What Is The Ultimate Cash Back Setup? : R/CreditCards - Reddit

4 weeks from now

If you can hit Platinum ($50k) or Platinum Honors ($100k) status with Bank of America, they have some of the best cash back cards around. I hold Vanguard ETFs with Merrill at no additional …

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Best Cash Back Credit Cards? : R/CreditCards - Reddit

4 weeks from now

Yeah, you could try that, like others have said see if you can product change to a Double Cash and Custom cash. That way you still get the 2% cash back that the double cash offers, and …

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Any Tips And Tricks For Using Cash Back Credit Cards? : R/Frugal

4 weeks from now

Get the amex preferred cash back. (yes the one with $75 fee, its worth it) with this you get 6% back at grocery stores, thats the only benefit you need. buy gift cards at the grocery store to …

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Comparing Rewards Versus Cash Back Options. : R/CreditCards

4 weeks from now

The Amex Gold gives 2.4% at the worst on dining and gives 1.8% on super markets again at its worst. Assuming I would be able to use the points for personal travel at least most of the time …

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FAQs about How and when do you use your cash back? : r/CreditCards - Reddit Coupon?

What is credit card cash back?

Credit card cash back is a type of reward offered by some credit cards that gives you a percentage of eligible purchases back in cash. The best cash back credit cards tend to offer rewards of at least 1% cash back, with others offering rotating bonus categories with rewards of 3% to 5% or more. ...

How much cash back does a credit card pay?

For example, most cash back rewards cards pay somewhere around 1% to 2% of your purchase in cash back, with some paying as much as 5% cash back. If you have a flat-rate 1% cash back card and spend, say, $1,000 over the course of a statement period (about one month), at the end of the statement period you would have earned $10 cash back. ...

Are cash back credit cards a good choice?

Even though they’re just one type of rewards credit card, cash back credit cards are among the most popular — because they pay you back in cash rewards. ...

How do I redeem my credit card cash back?

While your options will vary based on your card, some of the most popular ways to redeem credit card cash back include: Cash. You can request a mailed check or an electronic deposit into your bank account. Statement credit. Use your accumulated rewards to remove a chunk from your credit card balance. Gift cards. ...

Do credit cards have cash back rewards?

Think beyond your credit card's cash back rewards and you may end up saving big. Cash rewards can help trim costs for major purchases. By converting your rewards to cash, you can increase your savings and potentially prevent future debt. You've seen them everywhere and may even have one in your wallet: credit cards with top-notch cash back rewards. ...

Is a cash back card worth it?

The card encourages you to spend more than you should. You consistently pay off your entire monthly balance. You struggle to pay the balance monthly, leading to interest charges. A cash back card can be highly rewarding if your needs, spending habits, and financial situation are a good match. ...