#5 Did you know about Cashback offers?
The fact that you can make money by spending money is in itself contradictory. Yet, since a lot of Americans are already accustomed to having or using a credit card, it is not that surprising that companies started to offer this option. They offer some money back from the total they have spent on each purchase, which is just an incentive for people to keep using their services.
This is exactly what Amazon does, too! Those who pay with a Visa card get 3% back on cashback offers on Amazon and Whole Foods purchases, while those who also have a Prime account will get 5% back from the Visa rewards. What’s more, if you have signed up for a Prime card, you will be eligible to get 10% back on select Amazon items. This means that, if you meet the requirements, you pretty much have to do nothing to get some money back.
Genius!
