Many credit cards provide rewards for purchases made at supermarkets, but specifically exclude those made at shopping warehouses and superstores.
The TrueEarnings® Card from Costco and American Express (a Money Crashers partner) is an exception. It provides minimal rewards for such purchases, and if you shop frequently at Costco or want to earn cash back on gasoline purchases, you may want to give it serious consideration.
If you own a business or do freelance work, you can keep track of your expenses and earn valuable rewards with a business credit card, all while keeping any spending and earning you do separate from your personal accounts. With countless options for rewards available, the task of picking the right card for you can be a challenge.
Here is our roundup of business credit cards that offer the best rewards programs, most manageable terms, and most exciting opportunities for business owners.
While college students may need their own credit cards for a number of reasons, the most important reason is to establish and build a positive credit history. However, if handled improperly, credit cards can have an extremely negative impact, and can result in an overwhelming mountain of debt.
As a student, it’s important to choose a credit card that you can easily manage. Furthermore, you must restrain yourself from overspending, and always pay your balances in full and on time. The best options on the market have minimal fees, yet provide student-friendly benefits, as well as excellent opportunities to build credit.
It’s not easy to repair damaged credit after a series of missed payments or bankruptcy, but with the help of a secured credit card, it is possible. And while secured credit cards sometimes have a bad reputation for having heavy fees and high interest rates (which can exacerbate debt), the right card can help you build your credit history.
When choosing a secured credit card, it is important to pay attention to fees, and verify that your payment history will be reported to the credit bureaus. Prepaid cards function similarly to debit cards – therefore, your usage of a prepaid card is not reported to the bureaus, doing nothing to improve your credit.
If you regularly carry credit card balances, it is important that you choose a credit card featuring a low interest rate, rather than a rewards credit card. Rewards cards generally have high APRs, and should only be used by those who can pay off the entire balance each month.
Many low interest options are simple, “plain vanilla” credit cards designed to allow you to make purchases and transfer balances without paying a significant amount of interest. However, some low interest cards buck industry trends and offer small bonuses and rewards programs. Here are a number of the best low APR cards available based both on the rates they charge and the rewards they offer.
When choosing a credit card for buying gasoline, it is important to not just consider brand-specific cards, but also general credit cards that provide rewards on other purchases. By doing so, you can get the most bang for your buck. Of course, depending on your situation, a brand-specific card may be your best option – especially if you regularly purchase gas from a qualifying gas station that offers stellar rewards.
Here is a selection of the credit cards that provide the best return on your spending, both brand-specific and general rewards cards.
Many of the first rewards cards were credit cards that offered “miles” for purchases, which could be saved and used for purchasing airline tickets. Nowadays, flight restrictions and requirements on travel rewards cards don’t always result in dream vacations.
As a result, many travel rewards cards now award purchases with not only miles, but opportunities for cash back. These options are especially important if you are not a frequent flyer, but still want to carry a travel rewards card. If you fit this description, here are some of the best travel rewards credit cards to meet your needs.
TurboTax is the most popular tax filing program, and with the many different options available, there’s a fit for most anyone. It was the top-rated, best-selling tax software last year, and is likely to continue that trend. With the clean, streamlined design and step-by-step interview, this program is a great choice for novices, but does also offer support for more advanced tax situations.
With multiple apps, including a full-featured iPad app that supports all the versions, TurboTax is a product that has kept up with the times.
H&R Block prepares about one in every seven tax returns in the U.S., making it one of the best-known names in the business. With more than 10,000 offices, it has a presence in practically every city in America – but you don’t actually have to leave your house to file.
H&R Block offers many of the advantages of its office-based services but at a lower cost and greater convenience.
Accurate Calculations Guaranteed. H&R Block guarantees an accurate calculation and the biggest possible tax refund you qualify for. If you’re assessed penalties for miscalculation, it pays them, including interest.
Though it doesn’t have the name recognition of TurboTax or H&R Block, TaxACT is a competitive tax preparation program that offers online federal filing for free, regardless of your income. It gives you the ability to complete an extremely wide variety of tax forms both online or on your computer after download, all at very attractive prices.
However, with those prices come a few flaws. But if you’d like to complete your taxes without spending an arm and a leg this year, TaxACT may be the right program for you.
Among rewards credit cards, cash back cards are the most popular. Instead of offering bonuses that can only be redeemed for airline miles or hotel stays, cash back cards reward you for your purchases with actual cash that, for the most part, can be used however you like.
An important factor in determining which cards are the best cash back credit cards is how much cash is received per dollar spent, and whether it is possible to earn enough cash back to compensate for the cost of carrying the credit card. Keep in mind that in order to maximize your earning potential on any reward card, it is recommended that you pay your balance in full each month in order to avoid paying interest on purchases.
The Chase Ink line of business cards includes the Chase Ink Cash Card - a no-annual-fee card that allows you to earn minimal rewards for business purchases – as well as the Chase Ink Bold and Plus cards, which do charge an annual fee but offer more rewards and bonuses to compensate for it.
If you like the features and benefits of the Bold – which is a charge card, not a credit card – but are not sure you can pay your balance in full every month as required, take a look at the Chase Ink Plus® Business Card, which offers the benefits of a charge card without all the limitations.
Of the business credit cards that are part of the Chase Ink family, the Bold and Plus cards offer the most benefits and reward opportunities. The biggest difference between Bold and Plus is that the Chase Ink Bold is a charge card – not a credit card. Charge cards do not impose credit limits, but they must be paid in full each month.
As a business owner, you need to consider not only which card provides the best benefits and rewards for your business, but whether a credit or charge card would suit your business needs best. This review covers the Chase Ink Bold® Business Card.
The Chase Ink line of business credit cards includes the Ink Bold, Ink Plus, Ink Cash, and Ink Classic. Each has different features, and all are ranked among the top credit cards available for businesses.
The Chase Ink Cash® Business Card offers the opportunity to earn cash back for standard business-related purchases, which, for small businesses, can be a very valuable feature.
Sign-up Bonus. As a new cardholder, you earn a $200 bonus cash back reward after spending $3,000 within the first three months of opening your account. This is awarded in the form of 20,000 points, which equal $200.
The Chase Ink® Classic Business Credit Card is part of the Chase Ink family and is very similar to the Chase Ink Cash Business Card, with just a few slight differences. Whether this rewards card is right for your business depends on these differences and how they stack up against other fairly standard business credit cards that provide travel benefits.
The Chase Ink Classic is a no-annual-fee card that rewards business owners for purchases with points that can be redeemed for cash, gift cards, and merchandise.
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