Inflation is slowing, consumer confidence is rising, but so is credit card debt. However, there are alternative ways to find financial relief. This article will explore various rewards programs that can help individuals access ongoing budgetary relief and cash back opportunities.
Consider Cash-Back Cards (and Their Fine Print)
Cash-back cards have become increasingly popular. They offer a safe and straightforward way to earn rewards. The Wells Fargo Active Cash Card, for example, provides users with an unlimited 2% cash rewards rate and a $200 sign-up bonus after spending $500 within three months. Plus, it offers no interest for 15 months. This card allows users to cash out with a statement credit or a direct deposit into their checking or savings account, providing flexibility and convenience. The Chase Freedom Unlimited card is another great option, offering unlimited 1.5% cash back on all purchases, with increased rates for specific spending categories.
See What’s Available Where You Already Spend
Consumers can often find rewards and discounts for their recurring monthly bills. Utilizing payment options that reward users can lead to additional savings. For instance, Verizon offers a $10 monthly discount to customers who set up automatic payments. However, it’s essential to compare potential cash-back or points rewards before making any switches. Additionally, programs like the Bilt Rewards program allow users to pay rent through their app and earn points that can be redeemed for various benefits, including discounts on flights, fitness classes, and even home down payments.
Get Paid for Paying Later
“Buy now, pay later” programs have gained popularity among consumers. To encourage responsible payments, companies like Afterpay and Klarna offer attractive perks to reward users for on-time payments. After making the second on-time payment, Afterpay users can select a gift from a wide range of options such as discounts for restaurants, gift cards, and other valuable rewards. Klarna, on the other hand, operates a rewards club where users earn points for every dollar spent and can redeem them with various retailers. These incentives motivate users to pay off their balances responsibly and reduce the need for multiple payment plans on different platforms.
By taking advantage of these cash-back and rewards programs, individuals can find additional ways to save money and ease their financial burden. Look for opportunities that align with your spending habits and make the most of the benefits available to you. Remember, saving money doesn’t always have to depend solely on tax refunds. Explore these options and enjoy ongoing budgetary relief.
Source link: F5 Magazine