| How good would it feel if every time you | | | | back you will receive £30 for the first |
| spent money you got some back? Well | | | | three months then £15 for every other |
| that's what most credit card companies | | | | month. Other credit card companies |
| are offering you at the moment, as the | | | | getting in on the act include Halifax, |
| big credit card company's battle out the | | | | Egg, Stanley Morgan and Alliance and |
| customers can only benefit, most credit | | | | Leicester they all offer Cash Back, at a |
| card companies offer an incentive when | | | | typical rate of 0.5% -1% the only |
| you open an account, including 0% on | | | | requirement is you spend a certain |
| balances and purchases for the first 6 | | | | amount throughout the year. The only |
| or 9 months, which is great but know | | | | think to watch out for is make sure you |
| they are offering Cash Back. Cash Back | | | | pay off your balance when you receive |
| works by offering customers money back | | | | your statement, if you don't you will |
| (typical rate of 0.5% -1%) every time | | | | lose all the Cash Back money that you |
| they make a purchase using their credit | | | | have earned, and you'll be charge more |
| card, this money is usually put into | | | | interest and end up paying back a lot |
| your account at the end of every month, | | | | more, so you really have to watch that |
| how good will that make you feel knowing | | | | what you're spending every month you can |
| every time you bring your plastic friend | | | | cover. As with all credit cards when |
| out he is making you money. There are | | | | you're applying for one make sure you |
| some great offers by credit card | | | | read it carefully, I know we always look |
| companies including American Express | | | | for the great benefits that they offer |
| Blue Credit Card, they have a great | | | | us, but remember a lot of these offers |
| introductory offer of 2% cash back for | | | | only last for an introductory period, so |
| the first three months, then the rate | | | | make sure you check the interest rate as |
| reduces to 1% this is a great offer from | | | | after the first 6 or 9 months you could |
| American Express, you could really cash | | | | see it jumping up dramatically, so what |
| in with this offer. A typical example | | | | could have started out as a great offer |
| with American Express Blue credit card, | | | | turns out to be a nightmare, and leave |
| say you spend £1,500 a month with cash | | | | you in debt for years. |