Consider a Premium Cash Back Rewards Credit Card From Your Broker

Article by Andy

Consider a Premium Cash Back Rewards Credit Card From Your Broker - Finance - Credit

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Nowadays, it seems that just about every large company has hopped on the credit card bandwagon by issuing their own branded card. Normally I am quite critical of this category of cards, because the rewards are usually average, at best. However, broker affiliated credit cards to be an exception...they have higher cash back, better customer service, and the list goes on. Off course the catch is that they want you to sign up with their brokerage account. However, most people already have accounts with these brokers through their 401K or Roth IRA plans and a simple phone call to them can confirm your eligbility for their high reward and cash back credit cards. Lets take a look at the three of the most popular broker credit cards

Total Merrill Cash Back

If you have or are looking into opening a Merrill Lynch brokerage account, you may want to consider their credit card too. The biggest perk of this card is that it gives 1.25% on virtually all purchases (vs. the average 1.00% seen on most cards). While 0.25% may not seem like much, if you funnel all your purchases through this card, over the course of a year it can really add up. It