Everything You Need To Know About Quicksilver Credit Card
The Quicksilver credit card is an exclusive American Express credit card. It has been around for about ten years and offers rewards that make it stand out among the competition. This card offers you up to a twelve percent cash rebate on all purchases you make. In addition, you get additional rewards on dining out, travel, leisure and entertainment. It really all adds up. And if you happen to be female, you can enjoy special savings and perks.
You must understand that this is a very powerful card. It offers you a chance to cash back on every purchase you make, plus a large cash back bonus. That means if you spend $1000 on your card, you get double the cash back. The annual percentage rate is higher than average but still competitive. And there are no fees or balance transfers with this credit card.
This means if you don't carry a balance and pay your bill on time, you will be reported to the credit card companies and may receive some action. However, if you pay off your balance and use your card for everyday spending, you will be a lot better off financially and won't have any problems with your card. If you don't use your card at all, you won't see much benefit from the interest free period either. So balance transfers to other low or no interest credit cards will likely not help you.
And that brings us to the subject of balance transfers. If you transfer your balance to another American Express credit card, you will likely have to pay a transfer fee. The fee may vary by card company and may not even be included in your statement of accounts. That means you will really have to compare cards to see which one will save you the most money. And that's assuming you even can find a good interest rate to begin with.
You see, the best way to have a better interest rate and save money on interest is to always use your card for cash back on purchases. You know those purchases you make at the grocery store or gas station? These are perfect opportunities to earn cash back. Almost every major retail store offers a credit card that gives you cash back when you use your card to make purchases. The Quicksilver card is probably the best one out there, but there are plenty of them.
If you've already used a card to make purchases and received cash back rewards, you've most likely seen the terms and conditions about how you can cash back your rewards. Many of these credit cards require you to use your credit card every month, but many others don't. It depends on the company, but in most cases you have to make a certain percentage of all your purchases with your credit card to get cash back. So you can really make good use of a credit card that offers cash back rewards.
If you're looking to apply for a new credit card, you should check out the Quicksilver card first. The reason why is because this is one card that offers cash back that doesn't require you to spend any of your interest savings on interest payments. This makes it easy to get the most use out of your credit card. And since you can earn up to 2% cash back with the Quicksilver card, it only makes sense to find a card that offers that kind of return.
After you've decided to get a credit card, you need to figure out what kind of spending requirements you have. Are you going to be able to use your credit card for just the basics such as everyday things like groceries? Or are you going to want a credit card that offers a rewards program? Most rewards programs come with some kind of interest rate. So be sure to figure that out before applying for a credit card.
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