Archive for the 'Credit Cards' Category
Friday, December 9th, 2011
NavyFed Credit Union has a limited-time promotion going on until Sunday, December 11th where if you do a balance transfer from an external financial institutions to your existing Navy Federal card, you’ll get a fixed 0% promo APR for 12 months with no balance transfer fee.
Membership eligibility for NavyFed is primarily restricted to military personnel including Army, Marine Corps, Navy and Air Force – including retirees and family members – but also include some civilian employees in Department of Defense. From the “existing” wording, it doesn’t appear that this applies to new card applications.
December 11th is Balance Transfer Day. It’s also your opportunity to save big! When you consolidate credit card balances from other financial institutions onto your existing Navy Federal card, the savings really add up. Get a 0% fixed promo APR* on balance transfers for 12 months. After that, your current standard variable purchase rate applies. And you’ll save even more because we don’t charge a balance transfer fee. You pay absolutely nothing—unheard of anywhere else!
Well, although it is indeed hard to find a no balance transfer fee 0% APR offer these days, it’s not “unheard of anywhere else”. Last month, the Slate Card from Chase also came out with 0% APR on both balance transfers and purchases for 15 months with no balance transfer fee and no annual fee. All you have to do is initiate your balance transfer within 30 days of opening the account.
Either way, both are a good opportunities to lower the interest rate on your existing balances and accelerate that debt-free payoff.
Posted in Credit Cards, Deals & Offers | 8 Comments »
Friday, December 9th, 2011
(Update 2: I’ve been notified that 12/22 may be the last day to apply for this $500 gift card offer from the Citi ThankYou Preferred card. The promo details remain as noted below, but I should point out that the Citi ThankYou Premier Card is also offering a bonus worth 50,000 points = $500 in gift cards. Learn more about the Premier card offer here.
Briefly, the Premier card allows you to get a 33% bonus when redeeming towards airfare. And it’s easy to use! Prices are the same as Expedia, and you can mix cash and points when redeeming. That makes 50k points with a Premier card worth $665 in airfare. The spending requirement for the Premier is lower as well. However, while the Premier has no annual fee the first year it is $125 for subsequent years, while for the Preferred card there is no annual fee period. Decisions, decisions.)
The Citi ThankYou Preferred Card has upped their game with a 50,000 ThankYou Point bonus broken down into two parts: You get 25,000 bonus ThankYou Points after $5,000 in purchases within 6 months of account opening, and you get an additional 25,000 bonus points after another $5,000 in purchases are made within the next 6 months after that. You do not need to qualify for the first 25,000 points to be eligible to earn the second 25,000 points. See below for details on how this is worth $500 in gift cards, airfare, or a check towards your student loan or mortgage. No annual fee.
This offer is both better and worse from their last 50,000 point promo back in June. The required spending is higher, although spread out over a much longer period. You basically have to spend $5k within 6 months twice, for an average of $833 a month. However, the last offer was for the Premier card with a $125 annual fee. This Preferred version has no annual fee.
ThankYou Point Redemption Options
Here’s a summary of your best values for ThankYou points, in case you don’t want to slog through all the many redemption options at ThankYou.com. In general, it takes 10,000 ThankYou (TY) points to redeem for a $100 gift card to retailers like Gap, Banana Republic, Barnes & Noble, Bath and Body Works, Bed Bath & Beyond, Cabelas, CVS Pharmacy, Kohl’s, Land’s End, LL Bean, Sears, Lowe’s, Home Depot, Staples, and Walmart. Bolded are my favorites. So with 50,000 TY points, you could get five $100 gift cards from different stores.
Want something closer to cash? For a check mailed to you, it costs 8,000 points for $50. For a statement credit, it’s 7,500 points for $50. A check mailed towards your mortgage payment or student loan (made out to your lender) costs 2,500 points for $25. This works out to 1 cents per point. Otherwise, it may be better to redeem your points for a Walmart gift card and then sell it for cash at a site like PlasticJungle.com that offers you 90 cents+ on the dollar. I just checked, and a $500 Walmart gift card would net you $455 in cash or $477.75 in Amazon gift certificates.
Now let’s look at the advertised airplane ticket option. A good question is whether a flight booked through the ThankYou Travel Center costs the same as through any other travel site like Expedia, Orbitz, etc. I have some old ThankYou points lying around, so I went to the redemption site and found that the prices are very closely aligned to what is offered at sites like Expedia.com. I did a few quick searches for random flights, and the cost of the flight matched up with the cost in points in a 100:1 ratio. For example, the exact same flight below that cost $360 including taxes and fees on Expedia would cost 36,000 TY points. ThankYou Travel Center screenshot:
Expedia.com screenshot:
Citi couldn’t stay way, given all the other $500 value offers still hanging around. I love that this is the new standard for a simple credit inquiry, and that basically my wife and I can score at least $2,000 in free money a year, exempt from taxes, with as little as two credit applications per year. (We actually do much better than this…) We just refinanced a mortgage and got a new homeowner’s insurance policy, so I know it’s not hurting us in other areas either.
Quick recap. 50,000 ThankYou Points = $500 in gift cards, ($500 Walmart Gift can be easily sold for $450+ online), $500 to pay down your student loan, $500 to pay down your mortgage balance, or $500 in airfare at the same rates as available at Expedia.com.
Posted in Credit Cards, Deals & Offers | 55 Comments »
Thursday, December 8th, 2011
In addition to being a flexible gift idea, American Express Gift Cards are useful for time-shifting your purchases forward, in case you’re still working on satisfying spending requirements for juicy credit card offers like the $500 cash bonus from the Chase Sapphire Preferred Card or any of the other $500+ credit card bonuses out there right now.
Here are updated, active promotion codes that will waive the $3.95 purchase fee for American Express gift cards:
EMOCTWL, valid through 12/31/11
EMSVCA, valid through 1/31/12
There are also fees for shipping; 2-day shipping is $5.95. However, if you sign up for their “Premium Shipping Plan”, you can get free next-day air shipping trial for 90 days. Canceling is easy and can be done online; Thanks to reader Albrecht for these detailed instructions:
-Log in to Amex
-Gift Cards at the bottom of the page
-Manage your orders
-Shipping Addresses section
-Your Premium Shipping Plan free trial will end in xx days.
-View
-Cancel
Finally, you can use certain cashback shopping portals like eBates ($5 bonus, 1% back) or BigCrumbs (1.6% back) to earn even more back.
Expired Codes:
EMDADWL, valid through 9/30/11
Posted in Credit Cards, Deals & Offers | 32 Comments »
Saturday, December 3rd, 2011
I like to keep track of the rotating categories of the 5% cash back cards out there, but one of the more disappointing areas was always Discover’s low purchase limits of only a few hundred bucks. From October 1st to December 31st, you can earn 5% cash back on up to $300 spent in the following categories: department stores, clothing stores, and restaurants. Not bad for gift-giving purchases, but Chase Freedom even had a commercial specifically about it, as their quarterly limits were $1,500.
The Discover More Card
From January 1 to March 31, you can earn 5% cash back on up to $1,500 spent in the following categories:
- Gas Stations
- Museums
- Movies
You must enroll online to activate the rewards each quarter. Discover card has a tiered cashback rate on other purchases (1% unlimited Cashback Bonus on purchases after your total annual purchases exceed $3000; purchases that are part of your first $3000 earn .25%.).
Essentially, for any quarter you can now earn $75 in cashback at 5% for certain categories ($300 annually), and usually one of them is useful like gas or groceries. These are also areas that you should be able to not spend more subconsciously just because it’s 5% cashback.
Posted in Credit Cards, Deals & Offers | 9 Comments »
Monday, November 28th, 2011
(Update: This offer has been updated. The 50,000 point bonus is still here, but now there is no foreign transaction feed as well as 5X points per dollar on the first $50,000 spent annually on certain categories (see below for details). The card also includes a 1-year Priority Pass membership, which gives you 2 free lounge access passes. Chase seems to be pretty serious about making this a top tier business card to compete with American Express.z
This card is essentially the small business version of the Chase Sapphire Preferred Card, a consumer card which also offers 50,000 Ultimate Rewards points = $500 cash = $625 in airfare.)
Here’s another bonus worth $500+ for all you freelancers and small business owners out there (even if you don’t even know it). The Chase Ink Bold with Ultimate Rewards is offering 50,000 bonus points after spending $5,000 in the first 3 months your account is open.
50,000 points is worth $500 cash (real money, via statement credit or check) or two free airline tickets worth up to $312.50 each ($625 total value). You can buy a more expensive ticket and simply pay the difference. If you prefer, you can also transfer to British Airways, Continental/United Airlines, Hyatt Hotels, Marriott Hotels, and Amtrak. 1 Sapphire point = 1 mile/hotel point for these transfers, so that’s 50,000 miles. There is no annual fee for the first year, $95 after that.
This is at least double their normal offer, and probably in response to the also-juicy AMEX Gold Business 50k offer. Along the same lines, the Chase Ink Bold card is a business charge card where you must pay in full each month after a 30-day grace period with no interest.
You’ll also earn up to 5 points per $1 spent on the first $50,000 spent annually on eligible business purchases:
- Earn a total of 2 points for each $1 of airfare and hotel net purchases made online through the Chase booking tool.
- Earn a total of 2 points for each $1 of net purchases made at merchants that classify themselves the following categories: gas stations, hotels and motels, travel agencies.
- Earn a total of 5 points for each $1 of net purchases made at merchants that classify themselves the following categories: wireless/telecommunications services (excluding equipment such as phones and fax machines), cable and satellite television and radio services, office supply stores and wholesale distributors of office supplies.
- All other purchases will earn 1 point for each $1 of net purchases.
Business Credit Card Eligibility
Many people aren’t aware of the fact that they can apply for business credit cards, even if they are not a corporation or LLC. Why? Because any individual can be a business as well. The business type is called a sole proprietorship. Perhaps you sell items on eBay, Craiglist, or Etsy. Maybe you do some freelancing and/or consulting. You might have gotten a 1099 tax form and filled out a Schedule C. Boom! You’re a sole proprietorship. This is the simplest business entity, but it is fully legit and recognized by the IRS. On a business credit card application, you should use your own legal name as the business name, and your Social Security Number as the Tax ID.
In addition, the card itself is a business card so it won’t show up on your personal credit report. Now, this card will require you to personally guarantee that you’ll pay them back what you charge on the card, which means they’ll check your personal credit score like any other consumer card. However, it won’t affect your credit score otherwise, since it doesn’t change things like your credit limits, average account age, or credit utilization ratio.
Compare with the other $500+ Bonus credit card promotions currently available.
Posted in Credit Cards, Deals & Offers | 28 Comments »
Thursday, November 24th, 2011
Rewards credit cards are very popular, with more folks trying to stretch every dollar. Besides, who doesn’t like cash back? The following credit cards offer a hefty 5% back, but only in certain categories that rotate each quarter. Even though this may not seem like much, by keeping track of their promotions and using different cards smartly, I can easily rack up hundreds of dollars in additional rewards per year without otherwise changing my spending habits. None of these have an annual fee.
Here’s an update for the offers during the fourth quarter of 2011. It’s the holiday season, so the focus is on department and electronics stores and dining out. I do like the 5% back on charitable giving from the Chase Freedom below card a lot, I’ll be taking advantage on that for sure on top of the tax deduction! New cardholders can also get up to $200 cash back on only $500 in purchases as a sign-up bonus.
Chase Freedom Visa – $200 Bonus Cash Back
Reward categories change quarterly.
From January 1 to March 31, you can earn 5% cash back on up to $1,500 spent in the following categories:
You must enroll each quarter at ChaseBonus.com, but it’s very quick. All other purchases earn 1% back, with no tiers or expiration of rewards. Currently, the Chase Freedom Visa – $200 Bonus Cash Back has a promotion offering a $200 bonus cashback if you sign up and make just $500 in purchases in your first three months.
Citi® Dividend Platinum Select® Visa® Card – $100 Cash Back
Reward categories change quarterly. From October 1st to December 31st, you can earn 5% cash back on
- Department Stores
- Clothing Stores
- Electronics Stores
- Toy Stores
After you get your card, you must enroll by logging into your account online or calling 1-800-231-0891. There is no cap on the 5% back, except for the $300 overall cap on all dividend rewards annually. All other purchases do earn a standard 1% with no tiers, and rewards do not expire as long as you have activity once every 12 months. Currently, the Citi® Dividend Platinum Select® Visa® Card – $100 Cash Back card has a promotion offering a $100 bonus cashback if you sign up and make just $500 in purchases in your first three months.
The Discover More Card
Reward categories change quarterly. From January 1 to March 31, you can earn 5% cash back on up to $1,500 spent in the following categories:
- Gas Stations
- Museums
- Movies
You must enroll online to activate the rewards each quarter. Discover card has a tiered cashback rate on other purchases (1% unlimited Cashback Bonus on purchases after your total annual purchases exceed $3000; purchases that are part of your first $3000 earn .25%.).
There are a few different offers available right now with the Discover More card. For the holidays, the Discover More Card Limited Time Holiday Offer has a $150 Cashback Bonus when you spend $1,000 in the first 90 days. See the offer tab on the application page.
PenFed Platinum Cashback Rewards Card
Bonus categories appear and change regularly for this card, but currently I don’t see anything available. However, the best feature remains – the year-round rewards structure of 5% cash back on gas purchases paid at pump), and 1% cash back on everything else. Rewards are credited monthly on your next statement.
Note: To get this card, you must also have membership to the Pentagon Federal Credit Union (you can apply for both at the same time). In general, membership is open to the military, US government employees, or the family or household of existing members. However, anyone can become eligible by joining the Voices for America’s Troops for a $15 one-time fee or by being a Red Cross donor.
Posted in Credit Cards, Deals & Offers | 8 Comments »
Thursday, November 10th, 2011
The Southwest Airlines Rapid Rewards® Plus Credit Card has bumped their sign-up bonus to 25,000 bonus Rapid Rewards points for new cardholders after the first purchase (of any amount). The huge “free flight” banner on the application page is based on the fact that one round-trip $416 Wanna Get Away fare would cost about 25,000 points.
In reality, the value of the bonus is over $400 in Southwest airfare, and you can break it up however you like. Any Wanna Get Away fare is eligible, so this bonus is very useful for Southwest fliers. For shorter flights, this could actually be more then one free flights. This offer is only for a limited time, so get it now if you want it.
Details
- Southwest always offers 2 free checked bags on every flight.
- No ticket change fees, so you can move your flight later or earlier as needed and just pay any fare difference. Wanna Get Away fares are the cheaper fares that the vast majority of non-business frugal travelers buy. Anytime fares add the option to be refunded for cash. Business Select adds Priority Boarding. However, as mentioned, if you cancel your flight, there are no ticket change fees.
- September 11th Security Fee? This is $2.50 each segment, up to $10 roundtrip. For a nonstop roundtrip, it’s $5.
- You can also redeem points on hotel stays, car rentals, international flights, and gift cards. For gift cards in general, 5,000 points = $50 value. Specifically, you can redeem 50,000 points for $500 in gift certificates at Amazon.com, Home Depot, Lowe’s, and Wal-mart. A good alternative if you don’t fly much or don’t live close to a Southwest city. (Update: Right now $50 at Amazon.com is only 4,000 points, letting you get $600 in Amazon credit for 48,000 points.)
- There is an annual fee of $69. However, you do get 3,000 bonus points each anniversary date which again is worth $50 towards a Wanna Get Away fare. The card also earns 1 points per dollar spent everywhere, which effectively means 1.67% back toward Wanna Get Away airfare, with double points given on Southwest airfare and affiliated hotel/car rental purchases.
Application Tips
If you have any issues with approval, call the Chase credit reconsideration line at 1-888-245-0625. Ask them politely for the exact reason why you were denied, and offer to cancel, merge together, and/or lower your existing credit lines in order to get the new card you want. Many times you’ll just be rejected by a computer that says you have too many cards or something. You should be offered some way to get approved, I have heard many success stories. They want your business.
Posted in Credit Cards, Deals & Offers | 84 Comments »
Thursday, November 10th, 2011
(Update: Since the Citi Diamond Preferred Card post generated some questions, I’ve updated this post for the new Citibank online interface. Even though I first wrote this way back in 2005, the steps are pretty much the same. Just be sure to note the dates of earlier comments.)
Citibank is the easiest issuer to get cash in the bank from if you have a 0% APR balance transfer available on the card. This is because they will write you a check for your balance transfer amount. The best part is Citi was smart enough to make this feature available online. Here is a step-by-step walk-through, complete with screenshots:
1) Get online access and log in to your credit card account.
2) View the specific card that has the balance transfer offer you wish to use. On the menu bar, go to Tools & Services > Request a Balance Transfer. Here is a screenshot:
3) Select an offer. You may have more than one, ideally you’d be looking for the longest duration offer with the least fees.
4) Get Your Money! Confirm your request balance transfer amount and fees due.
Citibank sometimes offers targeted offers that are only for specific customers. Right now their best publicly available offers in my opinion is the Citi Platinum Select Card with 0% APR for 18 months with a 3% balance transfer fee.
Posted in Credit Cards | 41 Comments »
Tuesday, November 8th, 2011
The Capital One® Cash Card earns 1% cash back on all purchases, plus a 50% bonus on the cash back you earn every year. As long as your card is still open at the end of the year, that’s a total of 1.5% cash back. You can request the cash back as a credit on your account, or in the form of a check. In addition, it offers an additional $100 bonus if you spend $500 within the first 3 months of the account opening. The Capital One® Cash has no annual fee.Added to Best Cash Back Rewards Credit Cards page.
Posted in Credit Cards, Deals & Offers | 5 Comments »
Monday, October 24th, 2011
(Update 2: 2011 Registration is now live, no Facebook account required. Limited quantities, so don’t dawdle. Limit one statement credit per registered card. If you do have a Facebook account, check out the “Link, Like, Love” feature on their Facebook page, which currently offers various discounts to retailers like $2 off $10 at Burger King, $5 off $20 at Whole Foods, and $10 off $100 at Best Buy.)
If you already own an American Express credit card and are looking for a couple of other cards that can pack a solid bonus punch, consider the Citi ThankYou Premier Card and the Chase Sapphire Preferred Card. Each offers a $500 bonus for signing up in addition to excellent rewards and great perks.
American Express is promoting Small Business Saturday again this year. Register your American Express when it opens November 1st, and then use your registered card to shop at a participating small business on Saturday, November 26th. You’ll receive a $25 statement credit when you spend $25 or more at participating small businesses. From this press release:
For the second year in a row, American Express will help drive traffic through the doors of small businesses with a special incentive: a $25 statement credit offer for Cardmembers when they register their Card and spend $25 or more on Small Business Saturday at any qualifying small business that accepts the American Express Card. Cardmembers will be able to register their cards in early November.
I think this is a very creative way for American Express to promote acceptance of their cards at small businesses, which has always been their relative weak spot due to their slightly higher fees for the merchant. Last year, over 20,000 people were able to get $25 from their American Express cards. Here is the fine print for 2011:
Eligible small business merchants are independently owned small businesses located in the United States that accept the American Express Card. Purchases made at large or national chain stores, at franchised business locations and at government agencies are not eligible. Prepaid, Corporate Cards and ExpressPay transactions are not eligible. [...] Statement credits are generally issued within 5 business days after your qualifying purchase, but may take up to 2 billing cycles to post to your account.
A small business owner yourself? You can promote your small biz with their free “small business toolkit” including $100 in Facebook ads.
Posted in Credit Cards, Deals & Offers | 46 Comments »
Thursday, October 20th, 2011
As I was reminded in my best cash back credit cards post, the Citi Forward card is a great rewards card for those who spend a lot on restaurants and at Amazon.com. That’s not everyone, but sure sounds like me in my 20s. Okay, okay… it sounds a lot like me now. What can I say, I still love food, friends, and Amazon Prime 2-day shipping. 
I have this card saved as the default card on my Amazon.com account for the 5x points, choosing this card over the Amazon-branded credit card. Why?
The Citi Forward Card earns 5 points for every $1 you spend on restaurants, book stores including Amazon.com, video rental stores, and movie theaters. On everything else, you get the plain vanilla 1 reward point for every $1 spent. The important part is that I have confirmed that all Amazon.com purchases count as a bookstore under their categorization system (books, textbooks, music, electronics, cool pumpkin-carving tools, etc).
The news here is that they just added a new 10,000 ThankYou point sign-up bonus, redeemable for $100 in gift cards for new cardholders to stores like Home Depot, Macy’s, Gap, etc. You must make $650 in purchases and sign up for paperless statements within the first 3 months. That is the best sign-up offer they have ever had for this card, as I got this card when it first came out.
Alternative for 10k points include a $100 Amazon.com gift card, or you can also get a check for $100 towards your student loan and/or mortgage. You also get another 100 points each month just for paying your bill on time and not going over your credit limit. No annual fee.
Posted in Credit Cards, Deals & Offers | 14 Comments »
Thursday, October 13th, 2011
If you haven’t noticed, banks are pushing us toward credit cards instead of debit cards. However, if it makes you feel better, competition with each other is getting us consumers a bigger piece of those merchant fees back in our pockets. This is where cash back credit cards come in. With them, I can get benefits like fraud protection, expense tracking, and the most flexible of rewards, cold hard cash. Then I pay off my bill in full each month, and not a penny of interest is paid while I rack up hundreds of dollars a year in savings on things I would have bought anyway (over $300 in 2010).
Here are what I feel are the best cash back credit cards available on the market today. I’m also a fan of cards that use points and miles, but here I am focusing on cash back only. Each of them works a little differently, so I’ve made a brief summary of each one so you can decide which ones are best for your spending patterns. Mix and match!
Blue Cash Preferred from American Express. The Blue Cash Preferred from American Express Card offers a whopping 6% cash back on purchases at supermarkets, 3% cash back on gas and department store purchases, and 1% cash back on everything else. In addition, there is a $100 welcome bonus when you spend $500 or more within your first 90 days. The card has a $75 annual fee, but keep in mind that spending $25 a week on groceries, that 6% back will earn enough cash ($78) to pay for the annual fee by itself. Finally, don’t forget that you can buy a lot of nice gift cards at popular stores at supermarkets – I’ve seen Home Depot, Best Buy, Macy’s, Sears, and ARCO gas stations.
The regular Blue Cash Everyday from American Express gives you $100 cash back bonus after spending $1,000 in eligible purchases in the first 3 months, pays 3% cash back on purchases at supermarkets, 2% cash back on gas and department store purchases, and 1% cash back on everything else and has no annual fee. If you spend less than a combination of $175 per month on groceries and $100 on gas per month, then the Blue Cash Everyday would give you more money back overall. Otherwise, the Preferred above works out better.
Chase Freedom® Visa – $200 Bonus Cash Back. The Chase Freedom Visa offers 1% cash back on everything with no tiers and 5% back back on rotating categories throughout the year. From January 1 to March 31, you can earn 5% cash back on up to $1,500 spent in the following categories: Gas Stations and Amazon.com. In addition, you can earn an additional $200 bonus if you spend $500 within the first 3 months of the account opening. Finally, You can earn 10% cash back when shopping at online purchase through their website. No annual fee.
Citi® Dividend Platinum Select® Visa® Card – $100 Cash Back. The Citi Dividend Platinum Select Visa Card offers 1% cash back on everything with no tiers and 5% back back on rotating categories throughout the year. From January 1 to March 31, you can earn 5% cash back on Fitness clubs, health care and utilities. There is no cap on the 5% back, except for the $300 overall cap on all dividend rewards annually. In addition, it offers an additional $100 bonus if you spend $500 within the first 3 months of the account opening. Finally, you can also get 0% introductory APR on balance transfers and purchases for 12 months. No annual fee.
Discover More Card. The Discover More card has a tiered cashback rate (1% unlimited Cashback Bonus on purchases after your total annual purchases exceed $3,000; purchases that are part of your first $3000 earn .25%.). The highlight is the 5% Cashback Bonus in categories that change like travel, gas, groceries, restaurants, home improvement stores and more. From January through March, cardmembers can sign up to earn 5% Cashback Bonus on up to $300 in purchases on Gas and Entertainment.
PenFed Platinum Cashback Rewards Card. The PenFed Platinum Cashback Rewards Card is the card to get if you are a road warrior and use a lot of gas. It offers 5% cash back on gas purchases (must pay at pump) and 1% cash back on everything else. No annual fee. The rewards are credited on each monthly statement. They sometimes run seasonal promotions as well.
The catch? You must also be a member of the Pentagon Federal Credit Union (you can apply for both at the same time). In general, membership is open to the military, US government employees, or the family of existing members. However, anyone can become eligible by joining the National Military Family Association (NMFA) for a one-time $20 fee.
Fidelity Investment Rewards American Express Card. The Fidelity Investment Rewards American Express Card earns 2% on all purchases, deposited into your eligible Fidelity account. No sign-up bonus currently available. No annual fee.
The catch? You must open a brokerage trading account, IRA account, or 529 college savings plan with Fidelity, and all cash back earned must be deposited into that account. Withdrawals from IRA and 529 must be qualified according to IRS tax rules, or are subject to penalties.
Capital One® Cash Card. The Capital One® Cash Card earns 1% cash back on all purchases, plus a 50% bonus on the cash back you earn every year. As long as your card is still open at the end of the year, that’s a total of 1.5% cash back. You can request the cash back as a credit on your account, or in the form of a check. In addition, it offers an additional $100 bonus if you spend $500 within the first 3 months of the account opening. The Capital One® Cash has no annual fee.
Posted in Credit Cards, Deals & Offers | 29 Comments »
