3 Good Cash Back Credit Cards That I Use

credit card

Are you looking for a credit card to get cashback?

I am writing this post to share my experience with different credit card companies that promise cashback after using their card. Most of the credit card companies lure customers in using the cashback percentage value. And many prospects get attracted to such a lucrative offer. Who does want a cashback as high as 5-6 percent? This deal seems astounding to a regular credit card user who is currently getting 1-2 percent of his hard-earned money back.

Here are the 3 good cash back credit cards that I use.

1. Discover it® Cash Back

Most people rave about how good Chase and American Express credit cards are. But no really seems to give the credit that Discover it deserves. Maybe this is the reason they have come up with a credit card with a cashback of 5 percent. No other credit card offers such a high cashback.

You must already know that Discover it has been coming up with some amazing credit cards over the past 3-4 years but it’s time you should use it and reap the benefits that it has to offer.

Whether you are facing a billing problem or just want to know more about the products, Discover it’s customer service is best in the world. They will do everything to solve your problem.

Annual Fee: $0

Cashback: 5%

APR: 14.24% – 25.24%

Intro Bonus: Cashback Match

2. Chase Freedom Unlimited®

This credit card from Chase offers a 3 % cashback you in your first year up to $20,000 spent. The earlier version of this card had a 1.5x cashback but now Chase has doubled the sign-up bonus.

Chase Freedom Unlimited is for people who know that they will spend more than $5000 in the upcoming 12 months. Or else you are better off with the Chase Freedom card which requires you to spend just $500. There is a substantial reduction in spending value. So, students and people with low income will not benefit from the Chase Freedom Unlimited.

Annual Fee: $0

Cashback: 3%

APR: 17.24% – 25.99%

Intro Bonus: Double Cash Back

3. Bank of America® Cash Rewards

Bank of America offers $200 cash rewards bonus after spending $1000 in the first 90 days from the purchase date. Later you can expect a 3 percent cash back on purchases like gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. 2% cash back at grocery stores and wholesale clubs. 1 % on other purchases. This is one of the best credit cards Bank of America has to offer as you get rewarded on purchasing things that you buy in your day to day life.

Annual Fee: $0

Cashback: 3%

APR: 16.24% – 26.24%

Intro Bonus: $200

Summary

A cashback credit card is a must for anyone who has huge spending planned. It could be anything from renovating your house to going on a vacation with your family. The amount you earn with cashback will be adjusted in your monthly credit card bill. You can check the details in your monthly credit card statement.

fund

What is a Merchant Capital Advance?

If you are looking for ways to secure a reliable source of funding for your small business, then chances are you’ve come across the term “merchant capital advance” while researching funding options online.

Merchant capital advances are sometimes described as being similar to bank loans, but the reality is that merchant capital advances are a distinct kind of financial service that differs from traditional loans in some key ways.

Unlocking the funding potential of a merchant capital advance can be transformative for small businesses struggling to attract funding interest, so if you are looking for new funding partners for your business, merchant capital advances are one of the first options you should explore.

fund

Alternative Funding for the Twenty-First Century

For most of recent history, banks have played a central role in providing funding to businesspeople who have potentially lucrative ideas but cannot realize them without capital.

But banks are also bound by complicated regulations, and aren’t always willing to offer small loans that aren’t going to deliver a high return. This can leave some small businesses without any affordable ways of attracting capital. In some cases, businesses are even driven to put debt on high-interest credit cards.

Merchant capital advances offer a tranche of funding that is available at a set price. The cost of unlocking this tranche is paid in regular instalments (you can stop by SharpShooter Funding to learn more about how this works), ensuring that the financial burden is manageable and businesses aren’t saddled with a lump-sum repayment down the road.  

One of the reasons why merchant capital advances are so appealing is that they offer greater flexibility and more manoeuvring room for companies that have a lot of growth potential but may not have enough of a proven track record to receive an affordable line of credit from a bank.

How Merchant Capital Advances Help Small Businesses

The advantages of this funding option for small businesses are numerous. Not only do merchant capital advances make it significantly easier for small businesses to secure much-needed funding in the first place, they also make this funding available quickly and seamlessly.

Unlike banks, which have relatively restrictive operating hours and tend to take longer to process applications and require more documentation in order to clear an application for funding, companies that provide merchant capital advances generally offer quick turnarounds and simple application forms.

Depending on what kind of business you operate and where it is based, you may even be able to have your application turned around within a single twenty-four hour period.

This makes merchant capital advances the perfect option for companies that need an emergency injection of capital in order to meet financial obligations or take advantage of exciting investment opportunities.

If you think a merchant capital advance may be the right option for your company, find out which financial service providers in your region offer merchant capital advances, and fill out an application today. You may be surprised at how easy it is to get funded!