The favored coupon/rebate website Ebates.com, in partnership with Synchrony Financial institution, offers a credit card that means that you can piggyback on the money again you already obtain once you use the Ebates portal to do your on-line procuring. Our overview / evaluate of the cardboard is beneath:
The very first thing to know concerning the Ebates bank card is that it’s a Visa card, which means it’s accepted in every single place Visa is accepted, which in fact is nearly in every single place. That is good — if you’ll open a brand new credit score line, it’s best to open one which can be utilized extensively, since new credit score strains briefly decrease your credit score rating. (Credit playing cards that may solely be used at a single retailer trigger the identical short-term credit score rating hit however have restricted utilization.)
If you’re already an lively Ebates member, the cardboard is mostly a no-brainer, as a result of it offers you:
- A further 3% money again rebate on purchases via Ebates (besides most journey purchases)
- A 1% money again rebate on any buy outdoors of Ebates
When you’re already plugged into the Ebates system and make it a behavior to buy via its portal, utilizing the bank card merely offers you a better rebate on procuring you had been already going to do anyway.
That stated, there’s one potential sticking level: the rate of interest. Your Ebates bank card may have an rate of interest of both 21.74% or 26.74% relying in your credit score historical past. Both of these charges could be very excessive in at the moment’s card market, so solely get this card if you already know you’ll repay your full stability each month. In any other case, the additional money again you obtain will basically be canceled out by the curiosity you pay.
You may apply for the Ebates bank card on-line by way of this application.