However, did you know that many credit cards offer cashback on products that you purchase? This isn’t like getting cashback on your debit card – it’s normally a small percentage of your purchases credited to your account on a regular basis. Obviously it’s not a good idea to put lots more purchases on your credit card – if you don’t pay off the full amount each month, the money you are getting back is going to be instantly wasted on interest payments! That said, for spending that you’ve already got planned, it’s a good way to put your credit card to good use. You need make doubly sure that you pay off your balance every month.
The lovely people at Capital One want to know what YOU think about Cash Back Cards and in return one of you will win a brand new Kindle! How's that for an early Christmas present?
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