TURBO CHARGED RATE SAFEGUARD INFORMATION!
Let’s take just a brief moment to recap:
If you have followed this journey with me, learning the 5 Super-Charged Secrets of Credit Card Utopia, then you now know 2 very important things:
- Now you know how to take advantage of low zero rate credit card offers.
- Now you know the number is safe and you know the magical “Who’s Who” of the major credit card companies. You know that one of them, in my opinion, stands out among consumers.
With me? Well. These are two essential basics that you must follow to live in Credit-Card Utopia.
Now let me give you an idea.
What’s better than interest-free credit cards? What could be better than having the lowest guaranteed best credit card in your wallet?
1) What about cash? Would that work for you?
How about a big check at the end of the year, in the thousands, thousands and thousands of dollars?
How would you like to be PAID thousands of dollars every year just for spending money you ALREADY SPENDED?
You may realize that I am not talking about interest rates DIRECTLY. But listen, I can’t get much less interest than zero. I need you to think creatively with me now.
2) Reward cards, also known as incentive credit cards. Let’s start there.
It is not a secret. Many of us have rewards cards. I have several, in fact, and I get a lot of awards for spending with them. I get airline miles, gas coupons, and discounts at online stores … AND … I get cash.
But let me talk about a HUGE secret that most people do not yet fully exploit for their personal and financial gain.
3) My family and I are just starting to make money with the cash back offers:
The cash back rewards, the cash back cards, these are the ones I want to focus on with you here for a second.
How Do These Cash Back Cards Lower Your Interest Rate? Well, at this point it’s a game of semantics, but if you got 9% interest for example, and you’re using a cash-back credit card that pays you 3% on all transactions … Well, it’s like getting a 3% discount on the rate, so your charge is closer to 6%. It’s not EXACTLY like that, but you get the point.
Most importantly, let’s dig deeper.
4) I am going to tell you how to TURBO-CHARGE this mechanism, and EXPLOIT IT FOR EVERYTHING.
See, your credit card company wants you to spend as much money as possible on their plastic.
Yes, they would like to charge you interest on the debt. But even though you pay it monthly, did you know that they still make a profit on the transaction through merchant fees?
Yes, the credit card charges the merchant a fee for swiping your card. It can range from 1% to 6% …
It doesn’t impact you, the consumer (directly), but it does give you some insight into why you can become a business partner with your credit card company.
5) Secret # 3 Revealed: Here’s What My Family and I Do:
We use our cash back credit card for EVERYTHING.
We just restructured our spending so that all expenses, or almost all expenses, go through our cash back credit card.
Grocery stores, restaurants, shops, restaurants, gasoline … Everything. In fact, at the time of writing this article, American Express® has developed a Bill-Pay type system so that we can actually pay some of our bills using our cash back credit card.
Can you imagine A credit card company developing online bill payment. Now how is that SMART?
6) Let me ask you something. How much money do you spend on expenses each year?
Don’t take out your calculator, because the answer is simple. Basically, you spend … as much as you do …
The vast majority of us do. So let me ask you the same question in a different way: how much money do you make?
How many is 3 to 5%? 100 of that?
I’m going to give you an example. If the average household income (and expenses) were around $ 50,000, that means a savvy consumer, with a cash back credit card, could generate a check each year for between $ 1,500 and $ 2,500.
7) Holly Cape Canaveral, Batman !!! That’s $ 2,500 in free cash, every year!
What would you do with all that free money? Buying vacations, a new TV, jewelry?
Do you understand now?
You need to start seeing the Cash-Back Credit Card as more than just an incentive or reward.
Frankly, this is a new source of income.
8) Now here is the gist of how we do it. It’s simple.
The first step is to collect all of our credit cards, put them in an envelope, and put that envelope in our mailbox in the attic. We’ve replaced all of our plastic in our wallet with the refund credit card of your choice. We also put an emergency debit card in our wallet, but the primary method of spending now is to use the refund card. It supports gasoline, food, restaurants, etc.
The second step is the expense restructuring process through the online bill payment system with our cash back credit card company.
We redirect as many expenses as possible with our cash back card. It takes a little while and doesn’t happen overnight.
But do the legwork. Be a wise consumer like my family and I.
9) There is also an advantage!
The advantage is exceptional! Did you think that my family and I really only have one payment a month to make? That’s the goal we’re heading towards anyway.
So, think about how many bills you pay each month. Wouldn’t it be nice to make one payment for all of your expenses, rather than a check to the gas card, a check to the utilities, a check to the credit card company, etc.?
Think about the convenience and time saved by making just one payment per month.
10) Lots of information to remember, yes? Let’s stop here:
If you have followed my thought, then you have come to the secret knowledge of how to mine and harness the power of these cash back cards for all they are worth. If you do this even part one, you’ll take a money-saving incentive program and turn it into income-generating technology!
Pretty, cool, eh? SHHH! It’s a utopian secret.
We have appreciated providing you with this information and wish you the best of luck in your business. Remember to always seek good advice from those you trust and never turn your back on your common sense.
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Source by Tom Levine