March 13, 2009
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The Best Bang for the CC Rewards Bucks, Pt.2
More Worthwhile plans.The continued list of credit card reward programs. The purpose of only promoting actual cash back is to escape being sucked into buying on someone else's terms only to find out that, even with rewards savings, you've still paid more then you would have at Wal*Mart. Most credit card consumers have many common needs that don't include profligate spending, especially in these times. Again, I'll repeat, the only programs worth the paper their written on are those that deliver real cash. So, here a few more of the worthwhile credit card rewards program and terms available today:
3) Citi/Citi Cash:
o APR: 8% to 16%.
o Rules: 1.2% on other credit card purchases for first yr.;
5% discount on overpriced stuff you don't need.
o Conditions: $50 mailed to you after you've charged $4,166.67
or more in 1st yr.;
After that, $50 mailed to you after you've charged $5,000
or more.4) Discover/More:
o APR: 11% to 19%.
o Rules: 0.25% on everything for 1st $1,500 charged per yr.;
0.5% for between $1,500 and $3.000 charged per yr.;
1% on everything above $3.000 charged per yr.;
5% - 20% discount on overpriced stuff you don't need.
o Promo: 0% APR purchases 1st 6 mo.;
0% bal. xfers (3% xfer fee also) for 12 mo.
o Conditions: In order to get cash back, you must request it.
You can either pay on your credit card or have direct
deposited to another account;5) Discover (Biz)/Brighter:
o APR: 14%.
o Rules: $10 each month with any purchase for 1st 6 mos.;
5% for 1st $2.000 charged for office supplies per yr.;
2% for 1st $2.000 charged for gas per yr.;
0.25% on everything else up to $5.000 charged per yr.;
1% unlimited after $5.000 charged per yr.;
o Promo: 0% purchases 1st 4 mo.;
1.9% bal. xfers (3% xfer fee also) for 12 mo.
o Conditions: Must be business account;
You can either pay on your credit card or else have direct
deposited to another account.
Must be in $50 increments;
If you choose gift cards for overpriced stuff you don't need,
1st increment is $20. After that no increment requirements.6) Costco-AMEX/TrueEarnings:
o APR: 14%.
o Rules: $25 to credit card after 1st purchase;
3% back for gas & restaurants;
2% back on travel. 1% back on other.