Cash back is a banks’ way of getting you to use their credit card more often. They know that when people hear about getting money back just because they spend money, they are interested. After all, the money they get back in checks can be used for important things like buying groceries or gas. But you need to keep in mind that card companies pay cash back bonuses not on all purchases, but only on selected categories. So while choosing a credit card with cash back, get one with a higer cash back rate on category you gonna spend money on. Read the rest of this entry »