Many credit card companies are now offering the US Bank Cash Back Credit Card. The US Bank Cash Back credit card is one of their preferred credit cards because it offers rewards to their customers in terms of cash back. It also has many benefits which can make your life easier. In fact, the US Bank Cash Back credit card is so good that it can even improve your credit score and that is a good thing. What does this card offer its users?
First, there is the cash back credit card. This is a card that offers cash rewards just like any other credit card. It may give you points for every dollar that you spend. These points could be used for shopping or even saved as a cash in case you are not feeling that much inclined to spend money.
Another feature is that it allows you to earn miles for your purchases. This is actually a good thing because this card does earn miles like any other cards out there. What happens is that once you have used your initial reward, you earn more miles every time that you purchase items using your card. There are so many airlines out there that offer cards like this and if you compare them, it becomes clear that it is a great benefit.
These cards are also easy to get. You can just visit the nearest branch or the nearest retail store that has such a card and apply for it. It may take a few days but once you do, you will be able to reap the rewards that this card has to offer you.
Now, let us look at the disadvantages of the US Bank Cash Back Credit Card. For one, the cash back is only for certain purchases that you make using your card. It means that you will not get any cash back just because you went and bought something using your card. It means that you have to redeem the rewards that you have gotten. However, the rewards that you get are definitely good. You will certainly enjoy every bit of it.
Also, like other credit cards out there, this one does require that you maintain an excellent credit score. This is a requirement since they want to give you the rewards and the interest that they can get from you. Even if you have an average credit score, you will probably still need to pay a higher interest rate just to compensate for the cash back that you might be getting. But as I have mentioned earlier, this is more for the rewards part rather than the interest.
We should also take note that there is a cap on the number of cash backs that you can get every year. Most people do not bother to read this part of the terms and conditions of the card. They tend to just get the first five dollars and then go right ahead and use it. And the reason is usually because they do not read the fine print well. Well, that mistake will cost them. You should always try to get as much cash back as you can.
This US bank offers an absolutely fantastic card. And it is worth every cent. You will surely find yourself using it more than a regular card. So what are you waiting for? Go out there, make sure you have a US bank card, and get cash back!
One point to remember about cash back cards is that they have a high interest rate. This is why you should go for a low-interest or no-interest card. In fact, you should go for a card that has a zero percent APR. It means you will save a lot of money on interest in the long run. After all, that is what you are in the market for – low or no-interest payments with a long-term savings benefit.
Of course, one thing to remember about cash back cards is that they are plastic. And they are susceptible to fraud. There is a good reason why they have to be secured. That is why you should always make sure to put something as a security with your card – like a card or a lock. This way, if your card is lost or stolen, you will have some recourse.
So, as you see, having a US Bank Cash Back Credit Card is not a bad idea after all. It just might be a very good one after all. Why not go and see if you can get one? You never know – it might be your best choice.