The cashback ones are better than the points collectors. Though they both have some positives.
With the cash back ones you just get money back for spending money that you would have already spent. If you spend enough to get more cash back than the fees for the year then you are ahead.
With the points ones if you use them up once a year to get something that you would then not have to spend money on including the yearly fees then you are also ahead.
I get enough enough points to get a gift card for my favorite steakhouse. So we don’t pay each year for our two yearly visits to the steakhouse because of points.
The cashback ones are better than the points collectors. Though they both have some positives.
With the cash back ones you just get money back for spending money that you would have already spent. If you spend enough to get more cash back than the fees for the year then you are ahead. With the points ones if you use them up once a year to get something that you would then not have to spend money on including the yearly fees then you are also ahead.
I get enough enough points to get a gift card for my favorite steakhouse. So we don’t pay each year for our two yearly visits to the steakhouse because of points.