Earn Cash Back at GOOD AMERICAN
When you make purchases with a credit card, you’ll earn cash back in the form of a statement credit, a deposit into your savings account or a check. Depending on your specific card, you can also use those earnings to offset your monthly bills or to purchase gift cards.
The best way to maximize your cash back potential is by using a credit card that matches your spending habits and matches the bonus categories you take advantage of. This will ensure that you aren’t overpaying for purchases that you don’t need or that don’t have high rewards.
Choosing the right cash back credit card is a process that takes time and research, but it can be well worth it in the long run. Here are a few key things to keep in mind:
Cash-back rates: If you buy gas, grocery stores and online shopping regularly, a card that offers 3% cash back on those purchases will be more rewarding than one that only rewards you with 1%. It’s also important to consider whether you will be able to take advantage of the bonus categories.
Redemption: The most flexible cash back credit cards offer multiple ways to redeem their cash earnings, which can include a statement credit, a deposit into a savings or investment account, or discounted travel packages and merchandise. The exact method of redemption varies by card issuer, so it’s important to review the terms and conditions carefully before making any purchases.