The Truth About Cashback Credit Cards – Are They Really Worth It?

[Kevin Marshal]

Many credit cards advertise "amazing" cashback rewards, but here’s the reality—banks and financial institutions are not in the business of giving away free money. While some cards offer 1-5% cashback, they often come with hidden drawbacks like high-interest rates, annual fees, spending limits, and complex reward structures that make it difficult to truly benefit.

Moreover, cashback rewards encourage more spending, and if you carry a balance, the interest you pay often outweighs the cashback you earn. The smartest way to maximize your money isn’t by relying on a system designed to profit off your spending habits but by choosing financial tools that give you real control over your money.

That’s why solutions like LquidPay exist. Instead of being tied to a traditional credit system, LquidPay allows you to spend your crypto assets seamlessly, offering real-time crypto-to-fiat conversion without the hidden costs of traditional banks. No interest, no debt traps—just seamless financial freedom.

What do you think? Are cashback credit cards really a good deal, or just another way to keep you spending? Let’s discuss!