Credit Card Cash Rewards Programs

Author: Board Monitor
Posted: Wed May 19, 2004 6:30 pm
Post subject: Credit Card Cash Rewards Programs

To All,

Thought you might enjoy reading a great article on some of the latest credit card reward programs:

http://money.cnn.com/2004/05/19/pf/saving/willis_tips/index.htm

I am proud to say that http://www.cardratings.com is featured in the article. Enjoy!
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com (501) 663-0314

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CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

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Author: Ira
Posted: Thu May 20, 2004 4:09 am
Post subject: Credit Card Cash Rewards Programs

Hi Curtis,

Good article, but I just wish that she would have mentioned somewhere that the only way to win with cashback cards is to NOT carry a balance. The way she wrote she assumes that people will not pay their balance in full every month. In a way she's promoting overspending.

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CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

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Author: Board Monitor
Posted: Fri May 21, 2004 7:23 am
Post subject: Credit Card Cash Rewards Programs

She mentioned in the segment that she didn't like variable rate cards in a rising rate environment (which we are supposed to be entering soon). But, in my opinion, this should be a non-issue with reward cards because, like you say, you should never carry a balance. But, you should of course be aware of the interest rate.
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314