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RE: Groceries & Gas Cash Back Rewards

Postby jonathanpaul » Sat Jul 17, 2010 11:00:03 AM

hi..

for an easier and fast comparison of credit card, you can visit this link:
/travel-rewards-credit-cards.html

you can see the different cards in that page. you can also check on the different benefits and features of each card which are not totally the same. other categories of credit cards are also available either low interest card, rewards cards, secured cards and the others.

simply compare them just to justify if the card you have chosen is the best card for you.
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RE: Groceries & Gas Cash Back Rewards

Postby pauljon » Fri Jul 16, 2010 06:40:03 AM

hi there,

we do have the same concern, i am searching for a good cash back credit card after i have been using my card for my groceries and gas. i do also use my card for buying me some stuff aside from my needs at home.

i have seen some cards that really offers a low annual fee or no annual fee. the Capital One Cash Back Gold MasterCard, this card doesn't charge any annual fee. aside from that you can earn 1% of cash back and once you have accumulated $15 worth of cash back, you can then redeem your cash back anytime.

check also this other credit card which is also from Capital One. the card is Aspire Gold MasterCard. this is more amazing in its card benefits. you can earn points from the dollars you have spent which you can redeem with rewards such as travel, cash, merchandise or gift cards. you can get these benefits even if the card doesn't charge any annual fee.

compare each card for you to know their difference. think of the card that can give you much of it benefits.
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RE: Groceries & Gas Cash Back Rewards

Postby WilSK » Thu Apr 22, 2010 08:16:34 AM

over the past five years have been hard at work building my business. The hours are long and so they give out cash back credit cards to a very low priority. Recently I had a couple days off and of course I was trying to think about ways to maximize my income. this cash back credit card idea seems really good to me.

I spend approximately $25,000-$35,000 each month via product for my business. And because my business is cash-based I always pay my credit card balance every month him. If I could somehow get 1% or 2% cashback every month that would be the equivalent of $200 - $500 per month in extra income to me.

the only question is which credit card is the cheapest? What I mean by that is which credit cards have the lowest annual fees or no annual fee and still offer these cashback rewards?
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RE: Groceries & Gas Cash Back Rewards

Postby bebiesean » Tue Mar 23, 2010 02:32:24 AM

It makes sense to take advantage of collecting rewards/cashback/miles using your credit cards. The way I see it, it's almost like getting discounts on your purchases everytime you use your card.
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re: Groceries & Gas Cash Back Rewards credit cards canada

Postby montyloree » Wed Mar 31, 2010 09:20:59 AM

indeed.. their percentage rate is actually 1% cash back..

I'm trying to compare cards that give cash back for this. Scotia Momentum Visa gives you 2%, but only for the first three months and then it reverts to 1%.

cash back credit cards canada

I'm starting to see that people may have credit cards just to collect these rewards... I'm kind of embarrassed to say... I always thought that credit cards were to charge things..

I'm seeing that you should 2 or three credit cards... One for groceries and gas, one for travel rewards and one for cash back. It depends on which you like to collect the most.

Like most family, we spend money every month on groceries and gas, so why not collect cash back money on those.

My wife wants to travel to Newfoundland this summer to see her folks... that's where the rewards miles would come in handy. These are things that we normally pay cash for, but should be charging to a credit card to get the points.

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RE: Groceries & Gas Cash Back Rewards

Postby average_joe » Mon Mar 22, 2010 08:56:55 AM

If you have a president’s choice mastercard you can get gas and grocery rewards at the superstore and maybe even at Loblaw’s.

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re: Groceries & Gas Cash Back Rewards credit cards canada

Postby montyloree » Wed Mar 31, 2010 09:20:45 AM

If did some research about rewards credit cards. Specifically the gas and groceries credit cards.
I wanted to know which companies you can collect Capital One credit rewards from. So I went to Safeway, sobeys, Wal-Mart, and superstore. I went to their customer service and asked if they knew whether I could collect groceries rewards from them. In all cases, they said no. I was kind of surprised by that, so I called Capital One customer service and asked them directly about that problem.

cash back credit cards canada

The response of the guy from Capital One customer service was interesting. The fellow that I spoke to didn't really know about the groceries or gas program. So we spent about 10 minutes on the phone trying to figure out how gas and groceries worked with their program.

Ultimately I thought that the groceries stores should be aware that Capital One is giving points for their stores. But I guess not.

The nice thing about the whole thing is that you'd get to 2% of cash back on groceries, and gas purchases. You're spending money on those things anyway so why not get 2% cash back.
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RE: Groceries & Gas Cash Back Rewards

Postby average_joe » Sun Mar 21, 2010 07:27:17 PM

I don't have to use a credit card to get the 3.5 cent a liter off but I believe you can get the same benefits and more with the Presidents Choice Mastercard.

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re: Groceries & Gas Cash Back Rewards credit cards canada

Postby montyloree » Wed Mar 31, 2010 09:19:40 AM

I spent several hours this week talking to credit card companies about all types of rewards, cash back, travel.

I was surprised that there was so much information that in no regarding these credit cards. So what I'm going to do is create a lot of spreadsheets to do comparisons on these credit cards. I think that's the best way to go because a lot of details especially when you get into the travel rewards cards. Some cards have if one reward point per dollar, and some cards give only reward point for every dollar spent.

The cash back credit cards are pretty straightforward were because they're dealing with percentages. Some cards are 1%, and some Cards are 2% cash back.

When I was surprised to find all was some cards give their money back at the end of the year, only once per year, while the capital one card will give you the cash back your round after you accumulate $15.00.
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re: Groceries & Gas Cash Back Rewards credit cards canada

Postby montyloree » Wed Mar 31, 2010 09:19:30 AM

Which credit card where they using, to get those points.? It's interesting that 3.5 cents per liter is close to 3.5% which is pretty good. Considering that a lot of the credit cards only give you 2% cash back. Are these deals through credit cards in nova Scotia?
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