Instant Approval Credit Cards With Cash Back Offers

Instant approval credit cards are seen everywhere today with credit card companies all competing to get your business. While they all offer different features, there are also many similarities with them. Cash back is a bonus feature that's offered with many instant approval credit cards. Cash back credit cards will give you cash rewards every time you make purchases with your card. The amount of money back you get will depend on the type of card it is and the specific terms and conditions of the cards. With most of these cards, the dollars will accumulate over a certain period. For instance, they're generally not going to let you cash in when you've only accumulated $2. The amount of money that you get will vary from 1% up to 20%, depending on the individual purchases. One particular offer may offer 5% back on purchases for travel, restaurants, movie, gas and home improvement while only giving 1% on all other purchases. When looking for those offering money back, it's important to select cards that will benefit you based on your spending habits. Although these offers sound like a great deal, it's important to check out all the other features of the card such as interest rate, annual fees, etc. Typically, these offers charge a higher interest rate although if you shop around, you may find one that offers low interest rates. Another type of offer may feature 0% intro APR on balance transfers as well as purchases for a designated period. These offer the cardholder an opportunity to pay off other cards, lower their monthly payments and not pay interest. In addition, the user is also accumulating cash for each purchase they make. Therefore, not only are they paying off purchases interest free but they're also getting some of their money back in the form of cash. There are certain restrictions that come with many of these offers that the cardholder needs to be aware of before using them. Many of them will give cash back on purchases but not on transferred balances. Your cash may also have to accumulate for a certain period before you can get it back. Some cards also make you redeem the money by a certain time or you'll lose it. If you're interested, many of these are definitely worth checking out and comparing.