The Christmas shopping season is right around the corner, and your spending is most likely to go way up. Here’s a way to make 5% cash back on EVERYTHING. You heard me right, yes 5% cash back on EVERYTHING for the first 3 months with the Citi CashReturns Card. There is NO CAPS or LIMITS. For example, you family might spend $10000 for the next three months on everything. Whether it’s going out to eat, shopping, airline tickets, etc…you get 5% Cash back of that $10000 which amount to $500 tax-free cash!
After signing up for the Citi CashReturns Card, I would call Citi to allocate my credit line to my new Citi CashReturns Card. I would spend everything on this card, whether it’s a getting a coffee at Starbucks or filling up my gas tank. The best part is getting cash back and not Thank You points. Checks will be sent automatically upon earning $50.
Some people manage to pay their property tax, income tax, tuition bills, etc for all the big purchases. 5% cash back is one hell of a deal. Once your 3 months promo is over, get your wife/husband to do the same to get another 3 months of 5% cash back. Also, there is 12 months 0% APR on balance transfer. The balance transfer fee is 3% with no cap, therefore it’s not worth doing balance transfer. It’s also important to note that you will not get the 5% cash back if you are converting from another Citi card. You must sign up for a new Citi CashReturns card in order to get the special promotion.
Quick Summary:
- Earn 5% cash back on ALL purchases for 3 months
- Earn 1% cash back on ALL purchases and eligible cash advances after the first 3 months
- NO LIMIT and NO EXPIRATION on the amount of cash back you can earn
- Checks will be sent automatically every time you earn $50 – no calling necessary
- 0% APR* on balance transfers for 12 months
- No Annual Fee
I don’t think you want to go through that route. Not to mention IRS, Term of Service, etc etc..too much trouble to go through that. Your credit limit won’t be infinite, therefore you can’t get infinite money.
OK, what if I charge my credit card myself using PayPal or something? The fee is 2.5% + $0.30 USD.. which means 2.5% of every charge I do will be mine to keep. Infinite money?