Researching credit card cash back? Duane here with how to build credit TV. And in
this video I'm gonna talk to you guys about how I get cash back from using my
credit cards and how you can do the very same thing. But before we get started I
have a quick message. Once again my name is Duane with how to build credit TV
and this channel offers 100% free information about how to build credit
and ways to improve your credit score. We also talked about how to get cash back
actual cash money from using credit cards, as well as credit card reviews. If
this sounds like something whichcincyou're interested be sure to subscribe to our
channel and click the notification bell so you don't miss a thing. Okay so you're
interested in getting cash back from using credit cards. I actually started
doing this about two years ago with a Capital One Quicksilver card. That was
the first credit card that I was using when I was able to get some cash back.
So basically how it works is you make purchases with their credit card I was
just paying for stuff that I normally buy, like my cell phone bill, light bill
cable bill, gas I didn't do anything extra. I just pay for what I was already
spending my money on and I would get 1.5% cash back on my purchases. So, that
was kind of my first experience with cash back and since then I have shifted
to the Discover Card where I get 5% cash back on certain purchases in certain
categories. Discover basically operates this way, there are four quarters in the
year and for each quarter they allow you to get 5% cash back on certain purchases.
So like the first quarter I think it was like gasoline, wholesale clubs. This
particular quarter is grocery stores so whenever I buy something in the grocery
store if I spend up to $1,500 for this quarter I'm able to make $75 cash back
on that $1,500. So if I buy fifteen hundred dollars worth of groceries in
these in the this three months in the year that I'm able to get back up to $75
in cash back. After that point you basically get one percent cash back on
the same purchases which was grocery store. So that's kind of how the
cash back works. I'm gonna show you guys right now because I wanna show proof
that the cash back is real. I've been able to accumulate a little over six hundred
dollars with Discover Card right now. So I'm gonna go ahead and log in to the
website and show you guys that so I'll see you guys on my laptop. Okay so we're
at the discover website here I'm gonna go ahead and login for you guys so that
you guys can see some cashback proof that I've gotten in the last ten months
with Discover card. Okay so I'm logged in my current balance is
$579.49 cents. Here on the right hand side you
can see my cash back bonus available is $608.53
I've been able to accumulate that in the last ten months with discover. The cool
thing about discover is that they actually matched the cash back that
you've earned in the first year. So currently I have six hundred and eight
dollars and Discover Card is going to match that at the end of my first year. I
think it's up in September and of course I'll be making videos showing you guys
and keeping me posted as to how much cash back I've gotten. I'll actually make
a video showing that this is real money and I can transfer it to my checking
account. Alright so I'm gonna pull up my last account statement here so you
guys can see the amount of cashback I've gotten in the last month and the last
ten months accumulated. So I'll go here where it says current which was May 17
to June 16 2018. I'll click on that and it pulls up my statement here and on the
right hand side I'll go over here and show you guys. Alright so here we go on
the right hand side you can see that for this particular statement from May the
17th to June 16 2018 I was able to earn $79 back. $79 in cash back which brings
my total up to $608.53 cents which I showed you guys on
the previous screen. As you can see here it's it shows my fees charged, it shows
interest charged zero dollars. This is very important because I'm earning the
cash back but I'm not paying any interest at all and just to kind of show
you guys that I haven't gotten any interest at all I'd go back a couple of
statements. Okay so that was the most current let's go back to April 17th to
May 16th. I'll click on that and let that load,
as you can see over here on the right-hand side it says interest charged,
fees charged zeros. So this month I got back $85.04
and once again no interest. Let me go back and show you another statement here
just real quickly let's go back to March 17th to April 16th. I click on that one
and as you can see over here on the right hand side once again fees charged
interest charge $0 and for this month I was able to get 89.59 cents of cash back. I'll go back I'll do two more I'll go all the way
back to I guess the beginning of the year. So February 17 to March 16
2018, on the right hand side again you see fees charge interest charges $0 and
I was able to earn $42.18 cash back there. As you can see and
then I'll go back and just show you the last or the first month of this year
which is January 17th to February 16th. Once again interest charge $0 fees
charged $0 cash back earned $43.92 Okay so getting
cash back with credit cards is one of my favorite things it's actually really
cool and the fact that Discover matches the cash back on your first year it's to
my benefit to be using Discover card. As a matter of fact I'll put a link below
this video if you're interested in signing up for the Discover card you can
do so. If you use that link we actually get $50 statement credit and you get a
$50 statement credit as well within the first 3 months if you use your
Discover card on any purchase. So both of us get $50 if you use the link in the
description below this video. Thanks for watching this portion of the video I'll
see you guys back in just one second. Thanks for watching this video about
using credit card to get cash back. By the way what are your experiences with
credit cards in regards to getting cash back? What's your favorite cash back
credit cards? Let me know in the comments below. Also let me know what's the most
amount of money you've accumulated using credit cards as far as cash back is
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watching this video once again my name is Duane with how to build credit TV
and I approve this video. I'll see you guys in the next video until next time
take care and be blessed. Peace!