April 10, 2011

Assignment #22

Rewards Programs

these can be tricky, but they can also be profitable. Most checking accounts have programs where you can earn cash back. I, for one, am a cash only kind of person but we have a debit for online purchases.

But if you are one who uses a debit card often this may be profitable. Depending on your bank there is a fee associated with such cards. For example, I was using Chase. The annual fee per card ( we had 2) that it came to $50 a year I think. I earned $70 in rewards. So I made a $20 profit.

These programs can be worth it and if you go over the fine print, you should turn a profit.

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