Don't make this mistake with your rewards credit card.
customers now get increased cash-back rates on eligible streaming services. Previously, streaming purchases earned 1% cash back, but you can now earn 4% and 3% cash back on eligible streaming services . Both new benefits are eligible through September 2020.To really get the most bang for your buck when it comes to rewards cards, there's some general guidance you can follow.
Not only will interest accrue if you don't, but the added cost will start to negate any of the rewards you earned. According to CNBC Select calculations, the average American could earn $966 in rewards after the first year with the17.24% to 24.49% on purchases and balance transfers if you carry a balance month to month.Before you jump on applying for a rewards credit card with a high interest rate, think first about what purchases you'll be charging.
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