Cashback cards...

Enable’s Independent Financial Advisors know that looking after the pennies really does help you look after the pounds, every little helps along the way with Financial planning. Even if living costs were not high and likely to rise, we would always encourage UK household to be a little more creative when it comes to their finances.

In an ideal world you should always pay off your credit card balance every month and if you do pay off your credit card balance in full every month, you should maybe consider taking advantage of one of the many cards which reward you for your spending. Recently there has been the launch of several generous cash back and reward credit cards which offer loyalty points or a monetary bonus every time you buy something using the card.

Some cards offer points which can be redeemed against flights, while others provide points which you can use to get money off your shopping at certain shops. Alternatively you can simply opt for a cashback card, and get a percentage of everything you spend knocked off your balance. Certain cards will pay you the same amount of cashback regardless of where you are shopping, whereas other cards offer different cashback rates depending on where you use the card.

These cards are a no-brainer if you clear your balance without fail every month, as you are effectively getting something for nothing. Creative financial advice from Enable of Bishop’s Stortford is what our IFA’s are all about.