Oh, yeah, you read that right. There IS a way to put more money into your savings account even as you’re spending money. Use a cash-back credit card Obvious, but under-utilized. One of the easiest ways to earn on your spending is to use a cash-back credit card. These typically pay back 1% to 2% on your spending. Most cash-back cards offer bonus cash back rates on special categories, like groceries or gas, so you can earn as high as 3% or 5%. I use a no-fee cash-back credit card that pays out monthly, and I have the cash back I earn deposited directly to a savings account so I don’t spend it! Other cards will offer your cash back as a statement credit, or mail you a physical cheque on a quarterly or annual basis. Click through eBates before buying online I’ve been a member of eBates for years, but […]
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