There is no point in talking about exact figures, but many of our clients, for example, save 5,000 rubles per month due to cashback on the "Yes" credit card - we will talk about this a little later. In general, any offer will be useful. But given their diversity, it makes sense to understand the conditions and determine the maximum benefit. Even if you do not spend much, the benefit can be several times higher than in the case of interest on the balance.
What is more profitable: cashback or interest on the balance
Everything depends on the terms of a specific program and the person's financial behavior. Interest on the account balance will be more beneficial for those who are used to saving and, for subjective reasons, prefer turkey mobile database to pay in cash. Cashback is perfect for those who are used to paying by card - the reward amount will be more substantial.
passive income;
no need to spend money.
Disadvantages - low interest rate compared to deposits and savings accounts, inability to freely manage money if you want to get the maximum income. In addition, there may be additional conditions - for example, those under which only clients who have spent a certain amount from the card can use special offers. The issuer can also set limits on the maximum bonus amount. Sometimes it is more profitable to open a savings account with daily interest accrual.
The main advantages of cashback:
passive income;
potentially large benefit;
various offers.
The disadvantage is a direct dependence on the volume of spending. In addition, increased cashback can be offered only in certain categories, with some partners. The bank can set limits on the accrual of the bonus in general and for specific purchases. But in practice, cardholders often manage to find a balance between expenses and savings, as well as optimize spending in such a way as to receive the maximum benefit.
Credit card "DA" of Sinara Bank
Sinara Bank accrues cashback up to 15% on the "DA" credit card. Every month, our clients get the opportunity to earn up to 5,000 points, and then exchange them for money at a rate of 1 to 1! The credit card also has an interest-free period of up to 56 days, including cash withdrawals and transfers, as well as many other benefits. Find out about them here andleave a requestto apply for a card to receive it today!
The information in the article is current at the time of publication. Financial conditions may change. Please check the current data on the page of the product you are interested in. The Bank is not responsible for the use of outdated information.