New Cash Back Credit Card Calculator
A few months ago, I decided to embark on a project to create calculator that will help you choose the best cash back credit card. I sat down with a programmer two months ago and we thought that the project will simply take a couple of weeks. However, it turned out to be more complicated than we expected. Anyway, version 1.0 of the Ask Mr Credit Card Cash Back Credit Card Calculator is now officially released.
All you have to do is simply put in the your credit card expenses. You will see various categories like gas, supermarkets etc because some cards pay a higher rebate on these items. You have a choice of asking the calculator to find the best cash back credit card if you decide just to get one card. Alternatively, you can ask the calculator to calculate the best “combination of cards” that will give you the highest rebates.
The calculator has a database of all cash back credit cards (at least most) in the market including business credit cards. If you find that a cash back business credit card is recommended, you can apply for it because the credit card issuer simply treats you as a sole proprietor.
I hope you find this a useful tool. Feel free to give any feedback in the comments area.
Link : Cash Back Credit Card Calculator.
June 9th, 2007 at 9:47 pm
I really like you cash back calculator, it would be really cool though if it could compare the cash back of received from one card with that of other cards at the same time.
For instance your calculator recommends Chase Freedom, but I really like AMEX and I want to get the Blue Cash Card, I would really like it if I could compare the cashback of Blue Cash to Chase Freedom and see the difference.
June 13th, 2007 at 3:01 am
This calculator is great. There is no other tool like this on all the billions of sites out there. Thanks Mr Credit Card. You should do a big Public Service announcement since this will help thousands of people seeking a credit card that provides them with the maximum reward or cash back.!!!