Comments on: Rewards Credit Cards: Are They Still Worth It? http://masteryourcard.com/blog/2010/03/03/reward-credit-cards-are-they-still-worth-it/ The best Credit Card Debt Blog online Thu, 02 Feb 2012 13:31:13 +1100 http://wordpress.org/?v=abc hourly 1 By: No Debt Plan http://masteryourcard.com/blog/2010/03/03/reward-credit-cards-are-they-still-worth-it/comment-page-1/#comment-60690 No Debt Plan Wed, 03 Mar 2010 19:22:12 +0000 http://masteryourcard.com/blog/?p=1903#comment-60690 It depends on how much you spend and where you spend it. You can find cards to maximize your return -- but that also increases your hassle if you have a card for every situation (groceries, gas, etc.). We recently started using a Rewards Checking account that pays 3.61% interest -- in 3 or 4 months we'll earn in interest a majority of what we would have earned in cash back this year. We still use our CC after we reach the required number of transactions for the checking account, but that's been a switch for us. It depends on how much you spend and where you spend it. You can find cards to maximize your return — but that also increases your hassle if you have a card for every situation (groceries, gas, etc.).

We recently started using a Rewards Checking account that pays 3.61% interest — in 3 or 4 months we’ll earn in interest a majority of what we would have earned in cash back this year. We still use our CC after we reach the required number of transactions for the checking account, but that’s been a switch for us.

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