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A 1.5 percent cash back card can help you earn rewards on every purchase while enjoying benefits like extended warranties, travel insurance and no foreign transaction fees. But not all...
Many flat-rate rewards cards offer 1.5% cash back on all purchases; it's become the industry gold standard. Here's how to pick one that works best for you.
For example, if your card pays a flat cash-back rate of 1.5% and you spend $100, you’ll earn just $1.50 in cash back, meaning your total out of pocket expense for the purchase will be...
Among flat-rate cash-back credit cards — ones that give you the same rewards rate regardless of what you buy with them — 1.5% back with a sign-up bonus and no annual fee is the least you...
A flat-rate cash-back credit card can offer 1.5% or more in cash back on all purchases. It's typically the simplest way to earn cash back, but it may not be as straightforward on some...
On a 1.5% cash-back card, that means you’re earning rewards in the amount of 1.5% of your net purchases: Spending $1,000 is worth $15 in rewards. Typically, this is rewarded once per month after...
Cash back is defined as a reward offered by credit card companies and retailers as an incentive for you to make extra purchases. When you use a cash-back credit card or participate in a cash-back program, a percentage of the amount you spend is returned to you in the form of cash rewards.
When a rewards program or credit card is offering 1.5% cash back, it means that for every $1 you spend you will earn 1.5 cents ($0.015) in the form of cash back. How do you calculate 1.5% cash back? You can calculate 1.5% cash back multiplying 0.015 by the amount you plan on spending.
Cash back is a credit card rewards benefit that refunds the cardholder a small percentage of each purchase made with the card. Percentages typically range between 1 and 1.5% for a flat rate cash back card,2 but can go as high as 5% or even 6% depending on the card issuer, type of card, and what you’re buying.
There are several credit cards that offer 1.5 percent cash back on every purchase you charge. That doesn’t mean, though, that each of these cards offers the same value. Read on to learn more about 1.5 percent cash back cards and which one might be the best choice for your everyday purchases.