Posted byon August 19, 2011
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It’s Free Money Friday! Time to get another category of cash back squared away: cell phone service!
I got my American Express SimplyCash card a long time ago, before it closed to new applicants. The good news… it’s open to new applicants again and offers 5% cash back on wireless services and office supplies.
It’s exciting since most of us have a cell phone and we rarely see cell service on the list of quarterly 5% rotation cash rewards credit cards. In addition, the cash back on office supplies will come in handy for back to school shopping!
Here is a break down of all the cash back rewards on the Simply Cash card:
While the SimplyCash card is a business card, credit card companies allow you to open a business card account as a sole proprietor using your name for the business name and your SSN. I often did this before I had a “real” business, and just listed the amount of stuff I sold on ebay if it asked for my income.
I have found the business requirement is definitely not a road block in acquiring the credit cards you want, in fact, I think using business cards actually helps (one popular reason is because they don’t show up on your credit report) with maximizing credit card rewards and distribution.
Automatic cash back. I’ve had this card for a long time, and I have to say my favorite part is getting the cash back automatically each month as a statement credit. You don’t have to remember to request it and you don’t have to reach a certain threshold to get your cash back. A credit of $3.24, no problem!
0% APR on purchases. The SimplyCash card offers 0% APR on purchases for up to 12 months.