Mark Carolin

Posts Tagged ‘Grocery Stores’

To many consumers, obtaining a credit card with a low interest rate is the number one priority. This may not be the case with those who pay their balance off at the end of each month, but this incorporates a surprisingly small percentage of the population. For the rest, low interest rates are the way to go, and they don’t get much lower than 0%. As it happens, there are many great credit cards out there that offer just that, for an introductory time period that is. Still, the wise consumer can take advantage of this limited time period and use the purchasing power it gives them to their advantage. With that in mind, let’s take a look at some of the more prominent credit cards that offer no interest for an introductory time frame.

Chase Freedom Visa Card

With up to six months without interest on all purchases and balance transfers, the Chase Freedom Visa Card is an excellent choice for anyone looking for the best in an introductory no interest credit card. In addition to the excellent introductory offer, the APR following that period is a reasonable (if not entirely noteworthy) 14.24%. They offer a plan for cash back on purchases made in grocery stores, gas stations, and fast food restaurants, as well as a lesser amount of cash back for all purchases made anywhere. They also promise $50 once the consumer has earned that amount in rewards, making the enticement doubly interesting.

Bank of America Visa Signature WorldPoints Rewards

The Bank of America Visa Signature WorldPoints Rewards card offers zero interest on all balance transfers for the first twelve billing cycles (with billing cycles done on a monthly basis). This offer may not be for those who want zero interest on their purchases or cash advances, but can be attractive if balance transfers are your main priority. It also excels in its offer of a low 9.99% APR on all purchases, which is a fairly attractive rate, and a good deal for those with an excellent credit history. The World Points program works to give the consumer points for ever dollar spent on retail purchases. These points can then be redeemed for cash, merchandise, travel, and more. There are no annual fees, and there exists a fairly wide program of discounts available through select merchants.

GM Flexible Earnings Card

The GM Flexible Earnings Card offers the same introductory rate of 0%, but this is only for balance transfers. Still, an excellent option and enticing incentive for those with high balances on other credit cards they wish to get rid of. It offers a middle of the road 14.24 % APR on all purchases, and a full 1% cash back option, as well as earnings toward a new vehicle. There is no annual fee.

With gas prices on the rise, filling up at the pump can be a painful experience. To give your wallet a break, consider applying for a gas rewards credit card. These cards can help you save valuable dollars on fuel, and many throw in extra benefits as well.

Getting Started

During the last few years, gas rewards credit cards have become more versatile than ever before. While previous cards were often only valid at a particular gas station, you can now apply for gas credit cards that can be used anywhere. Many card issuers also offer additional rewards, such as cash back for using the card at a grocery store or a chance to earn both gas and travel benefits.

If you cover a lot of miles on the road each week, there’s a good chance you can reduce your fuel costs with a gas credit card. You’ll find many to choose from online. You can compare the different rewards they offer and select the one that best fits your gas and mileage needs.

How Gas Rewards Cards Work

The rewards included with a gas credit card vary, depending on the card issuer. Many offer a gas rebate for purchasing fuel. Others allow you to earn points for gas purchases, and also for using the card in grocery stores and drugstores. You can then redeem the points for a variety of rewards. Still others offer cash back for using the card. When you pay with your card at the pump, you could earn up to 5% cash back.

What to Look For

While gas rewards credit cards can definitely be used to your advantage, there are some key points you’ll want to remember before you commit to one. First of all, pay careful attention to the introductory offers. Many credit cards come with an initially low interest rate or extra savings on gas purchases.

These offers may be an excellent deal for you, but you’ll want to check what the regular interest rate is. You’ll also want to know how the rewards program will work after the initial period. By making sure these terms fit your needs, you’ll be able to make the most out of your gas rewards credit card.

Get the Full Benefits

Once you’ve found the right gas rewards credit card for your lifestyle, apply for it online. As soon as it comes in the mail, you can start using it. To make sure you benefit as much as possible from the card, use it every time you fill up with gas. If it offers rewards for other purchases, consider using it for more of your shopping needs.

When you start making purchases with the card, keep careful track of your account. If possible, try to pay off the balance each month. By doing so, you will avoid having to pay interest fees. Also, take note of the rewards and rebates you are due. By managing your account well, you can get the most out of your card.

Don’t wait to sign up for a gas rewards credit card. The sooner you apply online for one, the sooner you’ll be able to save on fuel costs. In just a few weeks, you’ll be rewarded every time you fill up the tank.

Let’s take a look at several cash back reward credit cards.

One of the highest rated by a consumer services firm is an American Express cash back reward credit card. Designed for those with at least good, but preferably excellent credit, the cash back reward on these credit cards is exceptional.

Through this card’s rebate program, the cardholder will earn a varying cash award, depending on how much is spent in the past year. Purchases that are considered every day buys, such as at gas stations, grocery stores and
pharmacies, earn five percent back. Other purchases earn the cardholder one and one half percent rebate. The limit on the cash back reward for this particular credit card is $50,000 each year.

Common benefits of its other credit cards are included in this cash back reward program. These include a buyer’s assurance plan, a plan for purchase protection and travel accident insurance up to $100,000.

These cash back reward credit cards have no annual fee, with a six month zero percent introductory rate, not only for balance transfers but for all purchases with the credit cards as well. As long as the initial loan whose balance is
transferred remains unpaid the interest rate paid on its balance after the introductory period has run out is a low 4.99 percent.

The rate on purchases subsequent to the introductory period on this cash back reward credit card is 12.74 percent at this writing, although it is variable. While you can get a cash advance with this credit card, the rate on that
transaction is a hefty 22.74 percent. The payment grace period is 20 days.

Another of the excellent cash back reward credit cards is a Visa. This offer is for those who have very good credit. With this cash back reward credit card the cardholder earns a point for each dollar used for a purchase. The first purchase
using the card gives the cardholder 1000 bonus points. The accrual of 2500 points with this cash back reward credit card means a $25 gift certificate or check from the cardholders choice of retailer or merchant. With this card you can earn up to 60,000 points for the year.

This card’s zero percent introductory interest rate lasts for one year, on both balance transfers and purchases. The card has no annual fee. One of the things that make this one of the best cash back reward credit cards its additional
benefits such as insurance on auto rentals, its extended purchase warranties, and its travel accident insurance coverage of up to $500,000.