Filed under: JP Morgan Chase, Credit Cards

Savers love cash-back cards. Unlike rewards cards that grant points, cash-back cards return a fraction of what you spend in good old U.S. currency.

Used responsibly, cash-back cards effectively give cardholders a discount everything they buy. But for the less disciplined — those who carry a balance, for example — be warned: You’ll probably pay more than you earn in cash-back bonuses.

Banks Want You to Slip Up

Many cash-back cards offer 0% introductory rates that last for six to 12 months…

The Tricks to Maximizing the Cash-Back Card Payoff originally appeared on DailyFinance.com on 2012-02-04T07:00:00Z.

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