Credit cards that offer rewards have powerful incentives to use them irresponsibly. Rewards can take the form of points, redeemable for certain goods or cash offered in return for purchases.
For example, major credit card companies like Chase offer anywhere from .5% to 2% return on cash purchases. A credit card user who made a $1,000 purchase would therefore receive $20 at 2%. Small amounts over time add up to large sums.
Here are 3 ways to maximize the cash from this program.
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Photo credit: Andreas Rueda