Choosing Between Cash Back Credit Card and Rewards Credit Card

Would you like to apply for a a reward credit card but not sure which one to get? Some reward credit cards offer cash back while others offer non-monetary incentives such as free airline ticket, free hotel stays, gift certificates, merchandise, etc. This article compares cash back credit cards and non-monetary reward credit cards to help you decide which one best complements your lifestyle.

Cash Back Credit Cards – Cash Incentives for Your Spending

Credit cards that offer cash back rewards pay you in cash or cheque based on your monthly or annual spending. Typically, a $1 worth of purchase would be equivalent to $1 cash back point. That means the value of rewards you can get will match the amount of your spending. Thus, if you spend $500 on purchases, you will get $500 cash back rewards in return.

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related rewards: Travel Reward Credit Cards