Comments on: How to Choose Credit Cards With Rewards to Save Money – Part 1 http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/ Our Journey to a Debt Free Life Fri, 12 Mar 2010 23:09:10 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Frank Vincent Ippolito http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-3182 Frank Vincent Ippolito Thu, 24 Dec 2009 08:01:24 +0000 http://www.moneyrelationship.com/?p=1157#comment-3182 It has become apparent that cash back credit cards have recently been on a steep decline as far as availability goes. Some might say that in these particularly difficult financial times, having CASH BACK would be what they want, ideally. In 2005, 43 different credit cards offered cash back as a reward. in 2009, there are only 13. But what consumers need to come to realize, is that the cash back reward was usually limited to 15-20 dollars a month. so wouldnt you prefer to get air miles, which may save you much more than 15-20 dollars a month, next time you travel? Or how about something that you use everyday, like fuel. Free fuel is the same thing as free money essentially. Busineses are the ones who seem to truly benefit from the cash back credit card reward. They don't seem to have a limit per month, rather a .5% on their spendings. It has become apparent that cash back credit cards have recently been on a steep decline as far as availability goes. Some might say that in these particularly difficult financial times, having CASH BACK would be what they want, ideally.

In 2005, 43 different credit cards offered cash back as a reward. in 2009, there are only 13. But what consumers need to come to realize, is that the cash back reward was usually limited to 15-20 dollars a month. so wouldnt you prefer to get air miles, which may save you much more than 15-20 dollars a month, next time you travel? Or how about something that you use everyday, like fuel. Free fuel is the same thing as free money essentially.

Busineses are the ones who seem to truly benefit from the cash back credit card reward. They don’t seem to have a limit per month, rather a .5% on their spendings.

]]> By: Tim on best credit cards http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-2835 Tim on best credit cards Fri, 16 Oct 2009 08:54:05 +0000 http://www.moneyrelationship.com/?p=1157#comment-2835 Choosing a reward credit card seems to be more beneficial now than a cashback one. Thanks! Choosing a reward credit card seems to be more beneficial now than a cashback one. Thanks!

]]> By: Jeff@StretchyDollar http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-1954 Jeff@StretchyDollar Tue, 21 Apr 2009 01:52:04 +0000 http://www.moneyrelationship.com/?p=1157#comment-1954 Man, how come I didn't notice this was a guest post until the second time I read it? :S oops Man, how come I didn’t notice this was a guest post until the second time I read it? :S oops

]]> By: Mkcoy http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-1946 Mkcoy Mon, 20 Apr 2009 18:03:58 +0000 http://www.moneyrelationship.com/?p=1157#comment-1946 Thanks for the calculator link. Definitely agree with you about choosing a reward credit card over a cash back card. Anyone with a credit card should think seriously about making a switch to either one of them yet if they haven't already. Thanks for the calculator link. Definitely agree with you about choosing a reward credit card over a cash back card. Anyone with a credit card should think seriously about making a switch to either one of them yet if they haven’t already.

]]> By: Adam http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-1942 Adam Mon, 20 Apr 2009 16:30:04 +0000 http://www.moneyrelationship.com/?p=1157#comment-1942 @Jeff - HAHA! I'm not behind Ask Mr Credit Card, although it would be sweet! I bet he gets a ton of traffic due to his content. I'm sure he will appreciate your comment on the hard work that he has done on that calculator. @Jeff – HAHA! I’m not behind Ask Mr Credit Card, although it would be sweet! I bet he gets a ton of traffic due to his content.

I’m sure he will appreciate your comment on the hard work that he has done on that calculator.

]]> By: Jeff@StretchyDollar http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-1941 Jeff@StretchyDollar Mon, 20 Apr 2009 16:06:17 +0000 http://www.moneyrelationship.com/?p=1157#comment-1941 Sweet! That calculator is a sweet tool. I didn't know you were behind askmrcreditcard.com. Nice work. Sweet! That calculator is a sweet tool. I didn’t know you were behind askmrcreditcard.com. Nice work.

]]> By: Mike http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-1940 Mike Mon, 20 Apr 2009 15:09:31 +0000 http://www.moneyrelationship.com/?p=1157#comment-1940 You seem to imply that you should have only one card. Why not get different cards for different purposes? You seem to imply that you should have only one card. Why not get different cards for different purposes?

]]> By: Rick card http://www.moneyrelationship.com/credit/how-to-choose-credit-cards-with-rewards-to-save-money/comment-page-1/#comment-1939 Rick card Mon, 20 Apr 2009 14:25:26 +0000 http://www.moneyrelationship.com/?p=1157#comment-1939 Great post and very much informative. Even the cash back credit card calculator is helpful. Great post and very much informative. Even the cash back credit card calculator is helpful.

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