The article discusses the appeal of flat-rate cash-back credit cards, particularly those offering 2% rewards. It highlights their straightforward nature, arguing that they simplify the rewards process compared to more complex travel cards. While emphasizing the potential for significant earnings with the right card, the article also notes the risk of credit debt and suggests that users must manage their spending effectively. A Quora user’s perspective on the matter further reinforces the idea that while 2% cards are beneficial, accountability in spending is crucial.
When it comes to why flat-rate cards like 2% cards are the best option, it's because they're a no-hassle, straightforward way to earn rewards.
The hope is that 2% cashback rewards become the standard percentage in the next few years.
The right cash back credit card can earn you hundreds, or thousands of dollars a year for free.
Interestingly, while this Quora user wholeheartedly recommends 2% cards, they also question their validity if you are not accountable for your spending.
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