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A new survey from Bankrate dot com breaks -- cash back cards cash back.
The top redemption choice among rewards credit card holders in the final quarter last year.
Senior financial analyst for bank rate Greg McBride says that.
Explains the bush by issuers to offer more -- Particularly now that there's been changes to the revenue they get when consumers swiped the debit cards debit cards not as lucrative.
Credit cards revenue has not been impacted.
And as result you see a big difference in terms of the reward programs on the debit -- side we saw 30% decline.
Your every year in the availability of those programs on the credit card side.
Not only are we seeing more of the programs but as -- said they're getting more generous issuers want consumers to use the credit card.
And Dahlia swipe it for all those transactions that they used to use the debit card for.
Keep your calculator out.
Make -- more bang for your -- I choose a card offering a higher return rate on purchase -- certain spending category.
-- things like restaurants gasoline stations things like that.
So you could really Taylor.
The card -- -- spending patterns make brides cardinal rule is to eight balance on cash back cards in full.
Every month if you do that.
Then you're truly getting something for nothing for -- using cash back card.
If you carry a balance even for one month.
And a 12% interest rate -- -- wipe out all the rewards you what are you don't want an annual fee for credit card rewards or in lock.
The vast majority of the cards bank rate survey our annual fee free.
And only a third of the credit card survey let rewards expire.
Even those that do they tended to give you three years or five years.
Before that would take place self you know the beauty of cash is that it spends very well it's easy to redeem.
You don't have to worry about expiration.
More than 40% of the -- surveyed by bank rate have some sort of introductory bonus.
So a pretty quick way to put some cash in your pocket in just a few months.
In New York Brenda Buttner Fox News.
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