/24-7PressRelease/ - April 01, 2006 - Cash back credit cards have become popular among cardholders because they provide them with a seemingly simple means for making money through regular credit card use. CreditCardAssist.com, however, cautions that these cards may not always be as valuable as they first appear.
According to CreditCardAssist.com, ( http://www.creditcardassist.com/cashback/creditcards.html ), cash back credit cards generally offer a 1% rebate on general purchases made with the card. Others may even provide much higher rebates for making specific purchases. In addition, CreditCardAssist.com maintains that most cash back credit cards offer the same benefits offered by other credit cards, including services such as purchase protection, extended warranty protection, and auto rental insurance.
CreditCardAssist.com warns, however, that many cash back credit cards have higher interest rates than cards without special programs. Therefore, CreditCardAssist.com advocates that consumers learn as much as possible about all available cash back credit cards before choosing a card. In addition, they caution that only cardholders planning to pay their balance in full each month should utilize cash back credit cards. Otherwise, the finance charges assessed on purchases made with the card may far outweigh the cash back rewards.
With the help of CreditCardAssist.com, consumers can learn more about how to choose the right cash back credit card that will result in the greatest rate of return. In addition, the company helps consumers understand the different types of cash back credit cards available, including those that provide cash back in the form of gift certificates, rebates, and checks, as well as those that place earned rebates into special interest earning accounts. By taking advantage of this side-by-side comparison, the consumer can select the card best suited to his or her lifestyle.
CreditCardAssist.com, which is based in Los Angeles, California, is dedicated to providing customers with a comprehensive resource for gaining credit card information, including information about cash back credit cards. Through the technology of the Internet, the company is able to provide this information quickly and accurately. By providing detailed information about a variety of credit card-related topics, CreditCardAssist.com helps consumers easily compare companies, fees, rates, and card types. For more information, visit the company's Web site at http://www.creditcardassist.com
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