You have probably heard of Chase Freedom, the online credit card provider that gives away five free gift cards each month. The cards are good for a variety of purchases, including groceries, gas, and any other type of merchandise you may be shopping at retailers for.
If you use the card, you are given a certain amount of points for every dollar you spend on that card. After you reach a certain amount, you will automatically qualify to receive one of the five gift cards, as long as you make your monthly payments on time. These cards do not expire, but you do lose some of the points for each dollar spent each month if you are not able to make a payment on time.
If you are like most people, you probably do not need more than one of these cards to make purchases, or maybe just to use once a year when you run out of cash. If that is the case, you can probably save yourself some money by using your Chase Freedom card for other purchases each month, even if you do not make a monthly payment.
However, you may find that other types of cards are better for you. If you have multiple Chase cards, for example, then there is a good chance that you will want to maximize your savings. Chase offers rewards programs for a variety of different purchases, such as airline miles, gas stations, restaurants, and even car rentals. These cards are good for you, but they do not offer nearly as much in return as the cash back cards that chase offer.
Other cards that Chase offers include credit cards with cash back, as well as ones that offer rewards for other uses, such as travel. If you are shopping at a retailer, be sure to check out their rewards programs, as they may be able to help you save money and earn free gift cards, as well. In fact, many of these credit cards offer rewards for any purchases you make on them as well, which could save you quite a bit of money.
Cash back card may also save you money if you make purchases that you do not normally pay for, as you do not have to pay interest while you wait for the money to be added to your balance. The key is to be smart and do your research before deciding which card is right for you.
