Jeff Matthews Posted July 13, 2020 Share Posted July 13, 2020 Anyone here use cash back credit cards? I do... for almost everything. It's a Costco Anywhere Visa. The cash back adds up, and there's no limit. Quote There is no limit to the annual cash back you can earn on purchases with the Costco Anywhere Visa Card by Citi. So, I get these "Special Offers" all the time to sign up for 5% on some category of spending for a limited period. This month's offer is Home Improvement Stores. I never have signed up for those, wondering why you have to sign in the first place. Just for grins, I thought I'd check the small print to see if there's a catch. Here it is: Quote This offer starts within two business days of when you enroll, or July 1, 2020, whichever is later, and will end on September 30, 2020. During the offer period, you will earn an additional 4% cash back on eligible purchases at Home Improvement stores and Select Streaming Services. Your total annual (calendar year) cash back is limited to $300 and includes additional cash back earned in connection with this offer. (emphasis mine) Quote Link to comment Share on other sites More sharing options...
BigStewMan Posted July 13, 2020 Share Posted July 13, 2020 one of my Citibank cards has cash back ... they just sent me an email saying that I have $283 in cash available. They make it sound so good ... I've had the card well over a decade. Better than nothing, I guess. Quote Link to comment Share on other sites More sharing options...
oldtimer Posted July 13, 2020 Share Posted July 13, 2020 My cards always state up front the special 5% offer is up to a certain amount, such as spending up to $1500 for the quarter. Depending upon your credit rating, ymmv Jeff. Never is it mentioned a limit for earning cash back for the year. I don't have the card you mention. Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted July 13, 2020 Author Share Posted July 13, 2020 1 minute ago, BigStewMan said: one of my Citibank cards has cash back ... they just sent me an email saying that I have $283 in cash available. They make it sound so good ... I've had the card well over a decade. Better than nothing, I guess. You probably have to ask for it to get them to send it to you in the form of a check. Don't just let it sit there, waiting for something to cause it to be forfeited. Just call them on the phone and tell them you want your $$$. 1 Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted July 13, 2020 Author Share Posted July 13, 2020 1 minute ago, oldtimer said: My cards always state up front the special 5% offer is up to a certain amount, such as spending up to $1500 for the quarter. Depending upon your credit rating, ymmv Jeff. That's a different issue. In my case, accepting the new offer forfeits my rights under the original terms. Quote Link to comment Share on other sites More sharing options...
BigStewMan Posted July 13, 2020 Share Posted July 13, 2020 Just now, Jeff Matthews said: You probably have to ask for it to get them to send it to you in the form of a check. Don't just let it sit there, waiting for something to cause it to be forfeited. Just call them on the phone and tell them you want your $$$. they claim it never expires; but you never know ... I suppose there are many that never thought their pensions would go away. Quote Link to comment Share on other sites More sharing options...
oldtimer Posted July 13, 2020 Share Posted July 13, 2020 It's pretty easy to just apply it to your bill. 1 Quote Link to comment Share on other sites More sharing options...
BigStewMan Posted July 13, 2020 Share Posted July 13, 2020 My Apple Visa or MasterCard (can't recall which it is) allows me to credit any cash-back towards the monthly payment. I got that card last year when I needed a new laptop and saw that it was giving 6% back on purchases. I figured why not get a little back since they were getting my money anyway. Quote Link to comment Share on other sites More sharing options...
CECAA850 Posted July 13, 2020 Share Posted July 13, 2020 I save all my cash back dollars and redeem them in January when I pay Christmas bills. Quote Link to comment Share on other sites More sharing options...
The Dude Posted July 13, 2020 Share Posted July 13, 2020 With my BOA from what I understand, I just use those "offers" anytime to earn extra cash back, don't think its ever forfited any other rewards. Plus I get to choose what I want my 3,2, or1 percent back on, such as gas, groceries, or everything else. Quote Link to comment Share on other sites More sharing options...
JJkizak Posted July 13, 2020 Share Posted July 13, 2020 My 1.75% cashback on everything adds up to about 50 bucks every three months with no problems. JJK Quote Link to comment Share on other sites More sharing options...
OO1 Posted July 13, 2020 Share Posted July 13, 2020 1 hour ago, Jeff Matthews said: Anyone here use cash back credit cards? -------NO --------i PREFER AIR MILES , BUT with covid 19----------flying means you can land in Hospital ------and earn Air-Miles with a one way trip to heaven ------in 1st class with a ventilator - 1 Quote Link to comment Share on other sites More sharing options...
JJkizak Posted June 2, 2022 Share Posted June 2, 2022 15 hours ago, Weni said: Hey guys, do cash back cards actually give you money? I am new to this, who can explain how it works? Mine does. Visa 1.75% cashback on everything. JJK Quote Link to comment Share on other sites More sharing options...
The Dude Posted June 2, 2022 Share Posted June 2, 2022 21 hours ago, Weni said: Hey guys, do cash back cards actually give you money? I am new to this, who can explain how it works? Yes, they give you real cash back. However, make sure you pay your balance off monthly or you could end up with more interest than cash back. BOA gives me 3% for groceries, 2% gas, and 1% everything else. I've spent $300-$400 this year so far of cash back money on audio purchases, currently sitting with $55.00. Quote Link to comment Share on other sites More sharing options...
JL Sargent Posted June 4, 2022 Share Posted June 4, 2022 I was getting 5% back on Shell gas with a Shell Mastercard. When the cash back reached $1,000, I got a letter from them saying they would no longer be honoring the program with me. How rude was that? Quote Link to comment Share on other sites More sharing options...
The Dude Posted June 5, 2022 Share Posted June 5, 2022 I was getting 5% back on Shell gas with a Shell Mastercard. When the cash back reached $1,000, I got a letter from them saying they would no longer be honoring the program with me. How rude was that? That's a [emoji533] move.Sent from my SM-G986U using Tapatalk 1 Quote Link to comment Share on other sites More sharing options...
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