Cash Back Credit Cards Help Curb Inflation
(NewsUSA)
- Whether you are at the gas pump, the grocery store or even shopping online, the higher prices resulting from the current state of inflation are hitting everyone hard. Fortunately, smart consumers can find ways to help reduce the inflation burden.
One easy way to curb inflation is by getting cash back on your credit card purchases. For the maximum in savings and flexibility, look for credit cards that offer the highest percentages of cash back along with other benefits and opportunities to optimize your investments, as well as your purchases.
SoFi, a modern personal finance company, has created a unique credit card designed to help you keep more money in your pocket and reach your financial goals.
“SoFi is a one-stop shop for people’s financial needs. Our unique technology stack and broad suite of products enable us to build offerings that work better when you use them together,” says Anthony Noto, CEO of SoFi.
It is easy to apply for a credit card online, but the ways the SoFi credit card helps consumers makes this one ideal for curbing inflation.
- Save money simply. The SoFi credit card does not charge an annual fee and lets you earn up to 3% cash back for a full year once you are approved. To qualify for the 3% cash back reward, users must set up direct deposit through the SoFi network. Users can choose to send deposits directly to their high-yield checking or savings account. Also, there’s no need to worry about minimum balance requirements in your accompanying SoFi account; there aren’t any.
- Enjoy extra benefits. Users who make 12 consecutive on-time payments can lower their APR by 1%. Other benefits include complimentary cell phone insurance coverage of up to $1,000, no foreign transaction fees when traveling overseas and Mastercard ID theft protection, which protects your personal information by identifying and alerting you to potential fraud.
- Cash in on crypto. The SoFi credit card allows users to redeem their cash back directly into cryptocurrency; the funds go into your SoFi active invest account. This option allows you to trade crypto, as well as stocks and ETFs.
- Pay down debt. SoFi credit card users earn two reward points for every dollar spent on eligible purchases, but you choose how you use these rewards. Deposit them as cash into your checking and savings account, as a fractional share in your investment account, as cryptocurrency or as payments towards SoFi personal or student loans.
Keep these smart strategies in mind, and you can make the most of your money and credit to help manage the challenges of inflation.
-
“Free the Animals – 30th Anniversary Edition”
“Solitario: The Lonely One”
“The Last Lumenian”
“A Moment of Change”
- Have you ever shopped at someone’s personal online store and thought, “I could do that”? In the wake of the pandemic, more people are reinventing their work lives and choosing to follow their passions. And the ever-expanding world of e-commerce makes it easier than ever to turn your pastime into a profit.
- Fall is the best time to explore Israel during its peak harvest season for both wine and olive oil.
- Cryptocurrency, NFT, Web 3.0; these buzzwords have gained popularity in recent years. But what do all these terms have in common? They all have the same underlying technology, blockchain.
- In the wake of the ongoing pandemic, a majority of Americans report pain, but most are smart about safety when it comes to pain relief, including products with acetaminophen, a common active ingredient in many over-the-counter (OTC) pain relievers.
-
“Almost a Serial Killer”
“Please Cooperate”
”
“Forensic Data Collections 2.0”
- Does your pet race for the nearest corner, or hide under the bed when a thunderstorm strikes? Does he or she panic when it’s time to get in the car, or when home alone for an extended time? Weather, travel, and separation are just a few of the possible causes of stress in pets.
- Making sense of your personal finances can feel overwhelming for anyone, but for LGBTQ+ couples, financial planning can be particularly complex. A patchwork of state and federal policies can make it difficult for couples to understand all the benefits and challenges the law presents for them. Many LGBTQ+ couples also invest considerable time and resources toward ensuring that their assets are secure, and their families are protected, should the political landscape change.
-
“For the Love of Buddy”
“The Friendship Pact”
“Riding the Executive Roller Coaster: Medical Staffing Cases”
“Living and Leaving My Legacy”