Introduction
The best credit card cash offers out there are determined by a number of factors. There are a number of aspects that need to be looked at when determining the best offers. Some of these aspects include whether that credit card attracts a yearly fee, an expiry date for the accumulated points and the maximum pay out among other aspects.
History
Research has shown that most of the time the most attractive credit card cash offers come in form of investment cards which offer some of the best returns in comparison to all the others. There are some cards that offer about 2% cash return on purchases made which would usually go directly back to the holder’s account. Some rewards offer some kind of refund every year to serve as a payout. This would be a coupon that can be used to redeem money or products.
Some credit card cash rewards may also come from purchasing a certain line of products; these rewards may go as high as 5% in terms of rebates, but a lower rebate for other product categories. For the big spenders, there are reward schemes that are governed by the amount a consumer spends. For purchases on certain products up to a certain dollar amount, the cash amount returned could go up to 3%. If this dollar amount is not reached, a 1% figure is given.
Features
Credit card cash rewards that offer consumers cash rewards that do not have an expiration date are also quite attractive due to their timeless nature. The consumer can also use whatever image they may want on their credit card. A good reward scheme would also offer a standard cash back percentage for all goods bought regardless of the product category purchased.
The consumer should also be on the lookout for offers that consider online shoppers. Some credit card cash reward schemes ensure that that the consumer gets the highest cash reward when they shop online from selected merchants; these rates may go up to 10% with some providers.
If a consumer is interested in bringing pals or members of the family on board, a credit card cash reward arrangement, then he/she should ensure that the involved company provides its customers with some kind of bonus for doing so. A good credit card company may offer a bonus of a number of dollars for every single person brought on board.
Tips and comments
If a credit card holder is looking to gain with every purchase, the most appropriate credit card cash reward for such a consumer is the one that offers points for every dollar amount spent. This is great due to the fact that once the points reach a certain amount, they may be redeemed for a product of their choice or a certain cash amount as provided by the company. Flexibility should also be considered in determining the best reward offers. For example, it should be possible for the consumer to redeem be it the accumulated points or cash. There should be no specified time when a holder can do this.
