Credit card users should be aware of the type and features of their cashback credit cards so that they can use them according to their requirements. Following are some points to consider while choosing the best cashback credit card:
• Consider the credit card’s cashback rate, sign-up bonus amount, and additional charges
• Consider the annual fee, if any
• Check the types of credit card cashback rates offered, such as flat rates, fixed rates, and floating cashback rates
• Check the minimum spending threshold for receiving cash back
• Check the Annual Percentage Rate (APR) charged on the chosen credit card