Consider other details4 of 5Before you apply for a cash-back card, check if there are other restrictions, costs or benefits. In our study, we found that half of the cards imposed an expiration period on accumulated earnings, four cards charged an annual fee and 41 percent of cards offered an introductory bonus of some sort.Additional costs and restrictions on earnings are worth factoring in, particularly if you're not planning to keep a card for the long term or use it that often.« Back to the Credit Card Rewards Survey 2011. Related Articles:Best cash-back card2010 Credit Card GuideEstimate FICO scoreRelated Links:No-limit cards and your scoreBanks push rewards cardsComparing interest rates advertisement
Before you apply for a cash-back card, check if there are other restrictions, costs or benefits. In our study, we found that half of the cards imposed an expiration period on accumulated earnings, four cards charged an annual fee and 41 percent of cards offered an introductory bonus of some sort.
Additional costs and restrictions on earnings are worth factoring in, particularly if you're not planning to keep a card for the long term or use it that often.
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