Q: cash back credit cards, cash back how much will I earn groceries and gas? Do I get instant cash back immediately after purchase
? A: It depends cash reward credit card back you choose. If you are particularly interested in receiving money back for grocery and gas purchases, we recommend the Blue Cash Everyday MS American Express. With this card, users earn 3% cash back at supermarkets (excluding supermarkets and warehouse clubs), 2% at gas stations and department stores and 1% on all other eligible purchases. Users can also enjoy an introductory rate of 0% APR for up to 12 months.
If you prefer to get a nice cash bonus to spend money in the first two months, the Chase Freedom® Visa - $ 200 Bonus Cash Back card might be more your speed. This card gives $ 200 cash back users if they spend $ 500 over the first 3 months of receipt of the card. In addition, users also earn 5% cash back in rotating categories and 1% unlimited cash back on all other purchases.
Generally, cash back rewards are accrued throughout a reporting cycle and can not be used until the end of this cycle. For example, if your statement goes from October 5 to November 4, the cash back rewards would not be available until November 5. Also, some cards require that you earn a certain amount of cash back may redeem before (or $ 25, etc.). Then, you can generally use the cash back you have earned credit in your account to buy gift cards at a discount, or even as an electronic deposit to your bank account. However, each credit card is different (note: some cards earn rewards on an annual basis instead). If you need to read your terms and conditions to determine when you can use your cash back rewards and you can use them to