How do I pay off my cashback credit card?
As with any credit card – you should always make the minimum payment every month and try to pay it off in full every month to avoid any interest charges. This is especially true of cashback credit cards- as you may not receive any reward if it’s not paid off.
The easiest way to make sure you pay it every month is to set up a direct debit, and your credit card provider will then automatically take out what you owe each month. One top tip is to make sure that you write ‘pay off in full’ on your direct debit agreement otherwise you might find your credit card provider only takes the minimum amount due back.
Credit cards are great if used sensibly. They provide a helping hand when everyday funds are running a bit low or if you need to make a large purchase and want the extra protection that comes with a credit card. But it’s really important to make sure you can always afford the monthly repayments.
So if you’re looking for cashback credit card and you want to find a good deal, you can compare cashback credit cards with us now and make sure you find the right product for you.