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I (Heart) Cash Back Cards Too!

April 18, 2012|By David Lester

Hi cash back lovers,

Ken messaged me to tell me about a new Capital One Aspire World MasterCard.  Here is how it would turn out based on my monthly spending as per below. Thanks Ken!

It has a one time bonus of $100 once you make a first purchase.  I didn’t include any of the first time “deals” in my calculations because they are a one time hit and I’m looking for a card that will keep paying me back based on my spend for the long haul. I’m all about long term relationships. 🙂

 

MY MONTHLY SPEND

Groceries/Pharmacies              $500

Fuel                                                $200

Utilities/Insurance                    $200

Mobile Phone/Internet            $100

Miscellaneous                            $1500

Total Spend of $2,500 on the card a month

 

 

Capital One Aspire World MasterCard: Total cash back $450 a year

1% cash back on everything

.5% anniversary bonus based based on you total spend

You don’t have to worry about gas, grocery or pharmacy spending!

No annual Fee

You can redeem when ever you want.  No minimum or maximum and they’ll credit it to your card or send you a cheque.  Very flexible those vikings are at Capital One.

Based on my spending the #1 cash back card is Scotia Momentum with $489, #2 is MBNA Smart Cash with $468 and the new third is Capital One Aspire World MC with $450!

Have an awesome week,

Dave

 

David Lester
About David Lester

David Lester is a best selling author and professional Financial Coach, helping people be better with their money. David has written a personal finance book that breaks with traditional attitudes towards finance and describes his own philosophy to money that he has gained through his personal and professional experiences. His philosophy on money applies to many areas of everyday life, including banking, investing, goal setting, shopping and entertainment.