Nitecap Notes

As Thursday comes to an end, I'd like to leave you with an observation I became aware of yesterday while applying for a new credit card. You know those deals that touted you could earn cash back- 5% for this and that and so on. Well, those days are quickly coming to an end. Of the 4 top cashback cards that still offer actual cash and not points on certain purchases, only 1 is still available for new accounts- the Direct Rewards Platinum Mastercard offered through HSBC.

I still remember reading my April issue of Kiplinger's Personal Finance and reading an entire article on cash back cards. Guess that's my fault for not keeping up on my magazine reading. They weren't joking when the phrase "Time is Money" was created.

I was lucky enough to still apply for this HSBC Card online. It doesn't offer the best rates out there despite my "excellant" credit rating of 805, but I pay off my balance monthly. In the terms, the statements actually come every 20 days.

Tomorrow I will pick a topic of discussion from my hat too keep a variety of topics revolving.