A few months back, Citi introduced a new cash back credit card, the Citi Cash Returns MasterCard. What caught my attention right away was that it offered a full 5% cash back on everything you buy, not just on select categories. Wow, I thought… how can Citi afford to offer a card like that? Well, after some digging, I discovered that the 5% cash back is an introductory rate only for the first three months. After that, the card earns you flat 1% cash back on every purchase made with the card. Ok, now that seemed more realistic.

Given that the teaser rate period was only 3 months long, I knew the Citi Cash Returns card wouldn’t be able to beat the Chase Freedom Cash Visa Signature or the American Express Blue Cash over the long haul. Nevertheless, I was still curious to see just how much cash back this card could generate. To put the card to the test, I wired it into my cash back credit card calculator. The results were enlightening.

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Popularity: 35% [?]

As you know, this blog is all about passive income opportunities. One way to receive passive income is through stocks that pay dividends. One such stock that pays dividends is that of Washington Mutual, a consumer and small business banking company. Its stock trades on the New York Stock Exchange under the symbol WM.

WaMu currently pays its shareholders an annual dividend of USD $2.24 for each share owned. At the time of this post, WM is trading at $17.30 a share, which produces a dividend yield just under 13%. That’s a pretty spectacular annual return on investment as far as I’m concerned.

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Popularity: 17% [?]

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Popularity: 25% [?]