If you make less than $150,000 per year, the statistics say the credit card fees you pay each year fund the credit card rewards of the rich.
I found the following infographic on the PerkStreet blog and it’s a real eye opener. If you’re currently making more than $150,000 per year, you’re probably enjoying the benefits of credit card rewards but those rewards are coming from the fees of people making less than $100,000 per year.
How to fight back? Use a PerkStreet debit card instead. By doing so, you’ll earn as much in rewards as the $150,000+ crowd without going into debt!
So, if you make more than $150,000 consider using a card like the Discover® More® Card.
- 0% intro APR on purchases for 6 months, then the variable standard purchase APR of 10.99% – 20.99%*
- 0% intro APR on balance transfers for 18 months, then the variable standard purchase APR of 10.99% – 20.99%*
- Earn 5% cash back on up to $1,500 in purchases at Department Stores and on all online shopping through December. It’s free and easy to sign up.
- 5% Cashback Bonus in categories that change throughout the year like gas, restaurants, and department stores up to the quarterly maximum. Signing up each time is free and easy.*
- Discover is ranked #1 in customer loyalty –16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report)
- 24/7 access to a U.S.-based Account Manager within 60 seconds
- Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
- *Click APPLY NOW to view rates, fees, rewards, limitations and other important information
But if you’re not quite at that income level, consider using the PerkStreet Debit Card instead. The average family earns well over $600 per year in rewards without going into any credit card debt!
- PerkStreet Financial offers up to 5% cash back on debit card purchases – one of the best debit card rewards programs in the nation!
- Earn 1% always, 2% on select online purchases and 5% where you choose
- The average American will earn $600 every year in cash back
- No monthly maintenance fees
- Free online bill pay
- Easy electronic transfers
- 24/7 customer support
Stop lining the pockets of those who really don’t need the money. Switch to PerkStreet and get your own cash back!