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MILES VS. AMEX CASH BACK
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Jun 10, 2003 | 9:15 am
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swag
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Check the small print. On most cards, if you carry any balance, you lose your "grace period" on new purchases, and start paying interest from day 1. If you pay it off in 30 days, that could total 1.5% or so, depending on the interest rate.
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