Cash back credit cards appear to be a lucrative deal to many of us. They come with cash back rebate incentives or rebate schemes. A cash back credit card gives you back a percentage of money that you spend on your card.
Cash back credit cards generally require good credit rating for approval. The credit card issuer requires the following information:
Besides these, your good credit rating is also essential for getting a cash back credit card. You can build up a good credit rating by paying your credit payments on time.
The advantage of a cash back credit card is that when you pay your credit bills on time you not only save the interest fees but also earn points for free merchandise, trips or rebates.
Dangers
However, you must be aware of the other side of the picture too; a cash back credit card can give you a false sense of security and you may tend to spend more than your means.
Aussies appear to be using their credit cards more frequently, according to new statistics released by the Commonwealth Bank (CBA).
The institution has suggested the retail sector is beginning to recover, following a bleak period in which many consumers were wary about parting with their hard-earned cash, the Sydney Morning Herald reports.
On releasing its latest business sales indicator, the CBA stated that retail spending grew by 0.4 per cent in October.
Save by not paying an annual card fee while still having the benefit of earning FF reward points while making daily purchases. Earn 1 frequent flyer point (FF) for every $2 spent on the Gold Ascent credit card, and 1 Qantas Frequent Flyer (QFF) point on the Qantas Discovery credit card, both from American Express. Enjoy a 0% interest free shopping experience of up to 44 days when settling the balance on your credit card each month. By accumulating unlimited FF points, cardholders can save up and redeem them on long haul flights etc.
Key Features of the Gold Ascent Credit Card
The Gold Ascent credit card frequent flyer program allows members to redeem points at Qantas or the 7 partnership airlines. The credit card has the following features:
When comparing credit cards you’ve probably seen elite cards advertised. These would be things like gold cards, platinum cards, or those with other specialty names like the Citi Select credit card. They’re appealing because they can be considered status symbols. But do you really need one?
To help you decide if a gold or platinum card is right for you, let’s look at some of the benefits and drawbacks.
Benefits of Elite Credit Cards
Here are three attractive benefits of elite credit cards like gold and platinum options:
More spending power — Gold and platinum credit cards generally feature higher credit limits than standard cards from the same company.
Better rewards programmes — Elite credit cards like the ANZ Rewards Platinum credit card often have advanced rewards programmes when compared to classic cards in the same programme. For examp
AmEx, MasterCard up their game for business credit cards by Peter Andrew
Its been a recurring theme in this blog lately: credit card companies are upping their game as they compete for market share, and consumers have benefited through more generous rewards and improved perks. But its not just consumers who are getting better value from their plastic. Businesses too have often found they can get more from their cards. So it was no surprise on Wednesday when American Express and MasterCard each announced significant enhancements to some of their business credit cards.
American Express: email in the air for free
First up, the American Express® Corporate Platinum Card, which is now offering two perks that could have real value for international travelers, and frequent fliers in general.
One of the worst aspects of flying overseas is coming home.
