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Rewards Programs Credit Cards Better Business Bureau Reliability Seal

Imagine pulling out your rewards program credit card at the grocery store and restaurants, and receiving points that turn into a dream destination vacation. The purpose of a rewards program credit card is to earn points that can be redeemed for a number of different benefits.

Many people have found that this is a great way to afford concert tickets, lavish vacations, and electronics that they couldn't otherwise fit into their budget. In addition, reward program credit cards have become increasingly more flexible over time. In fact, many reward program credit cards compete with each other for your business, and as a result provide flexible reward points that are easy to work with.

Continue reading below reviews

2017

Rewards Programs Credit Card Reviews

5 stars
USAA Cash Rewards® Visa Signature® Card
TopConsumerReviews.com Best-In-Class Blue Ribbon Award

USAA Cash Rewards® Visa Signature® Card

USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
Read More... Visit Site

4 stars
USAA Rewards™ Visa Signature®

USAA Rewards™ Visa Signature®

USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
Read More... Visit Site

4 stars
USAA Cash Rewards® American Express® Card

USAA Cash Rewards® American Express® Card

USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
Read More... Visit Site

4 stars
USAA Rewards™ American Express® Card

USAA Rewards™ American Express® Card

USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
Read More... Visit Site

Continued from above

When looking for a rewards program credit card, there are a number of factors you should consider. Some of these include:

  • Annual fees. Many rewards program credit cards charge no annual fees.
  • Interest rates. You need to consider what the annual APR is with any rewards program credit card that you consider. If you plan paying off your credit card every month, then the interest rate is less important.
  • Penalties. Rewards program credit cards make money when your payment is late or when you go over the credit limit. You need to understand any penalties that exist.

TopConsumerReviews.com has reviewed and ranked the best rewards program credit cards available today. We hope these reviews help you start earning valuable benefits right away!

Choosing the Best Credit Card Rewards Program

For consumers that use a credit card for a lot of purchases, choosing the right credit card rewards program is very important.

Typically, credit card reward programs fall into one of three categories:

  1. Credit cards that reward users for everyday purchases (cash back rewards, airline miles, store gift cards and or other items)
  2. Credit cards with sign-up bonuses
  3. Credit cards that include benefits when you use them (for example, a 5% discount every time you shop at a specific store, free checked bags, and so on)

The first thing you should consider is what is your reward goal? Would cash back be the best? Are you planning on using a rewards program to travel? Knowing what you want out of a card is a good place to start.

It is important to continually evaluate your current credit card and your current spending habits. As your life circumstances fluctuate and credit card offers change, you may find there is different credit card rewards program that fits your lifestyle better than your current card. Though it is not advisable to switch credit cards frequently, taking a good look every few years at your spending habits and comparing your credit card rewards program to others is recommended. For example, a frequent flyer rewards program would benefit a traveler, but if their life circumstances change and they are not traveling frequently, they may find a card better suited for them. Another example would be if your income changes and you need a card with a lower interest rate or a card with a different type of rewards program. A general rewards card (cash back, gift cards etc.) is best for someone that does not travel often. If you like to travel, taking advantage with a card that offers airline miles can be a great option.

It's also advisable to limit yourself on the amount of credit rewards cards you use. Once you find a card that suits you best, fully take advantage of the rewards it offers. Most research shows that credit cards with reward programs increase spending. If you have too many cards you may be tempted to spend more than you can afford, making your rewards less than the interest you are spending. Interest rates are usually higher with credit cards that feature rewards program. Do not be scared off by higher interest rates or annual fees, as these can often come with better rewards. However, take the time to read the fine print and compare the reward programs of these cards. For those that are disciplined and pay the credit card off in full each month, they do not need to worry about the interest rates and there is little to no extra cost to receive their rewards.

Research how your rewards are redeemed before signing up for a credit card rewards program. No one should have to go to great lengths to redeem their rewards nor find out that rewards earned have expired. A best credit card rewards program should cost you the least amount of money, while offering the largest amount of benefits.

 

Take Our Credit Card Rewards Quiz

Find out if you prefer points, miles or cash back rewards programs. Credit card rewards come in many different forms. Some rewards programs grant points on purchases made with a particular credit card. Other programs forego these credit card points in ...

Published:  Wed, 15 Nov 2017 00:00:00 GMT



The secret to optimizing credit card rewards Be disloyal

For Hegedus, being devoted to a certain credit card brand or loyalty program isn't important. But getting rewards and benefits that he values is key. If you're looking to maximize credit card rewards, remember this: Brand loyalty likely won't get you ...

Published:  Tue, 14 Nov 2017 04:20:00 GMT



Reward card sign-up bonuses not all created equal

Each rewards program - those run by banks, airlines, hotels and so on - essentially has its own currency. You earn points or miles for certain activities, including charging money on a credit card, and you redeem those miles or points for other ...

Published:  Thu, 16 Nov 2017 05:38:00 GMT



Southwest Airlines Rapid Rewards Credit Card: Earn Free Flights and Travel Perks

Rapid Rewards is Southwest's Rewards program, offering free flights and other benefits. It's Southwest's version of an airline miles credit card, but it runs on a system of points instead of frequent flyer miles. The Chase Southwest Rapid Rewards ...

Published:  Tue, 07 Nov 2017 08:19:00 GMT



Best Small Business Credit Cards to Maximize Your Business Card Spending

Or, transferring them to your favorite airline or hotel loyalty program can easily make them worth 1.5 cents or more. When most credit card points have a maximum value of 1 cent each for any reward, Chase Ultimate Rewards points are an excellent return on ...

Published:  Wed, 15 Nov 2017 11:21:00 GMT



No Coupon Needed: Cut Grocery Bills With Credit Cards

Here are five things you can do to take advantage of your credit cards and pay less for groceries: Layer different rewards. Shoppers can come out ahead by "stacking" rewards. For example, if you opt in to the Uber Visa Local Offers program and earn ...

Published:  Sun, 19 Nov 2017 19:15:00 GMT



Best Travel Credit Cards

Since figuring out how much your travel credit card's points or miles are worth can be difficult, we performed an in-depth Travel Rewards Program Analysis so you don't have to. Also, check out our list of the best travel credit cards we've reviewed below.

Published:  Sat, 18 Nov 2017 16:11:00 GMT



Cash back vs. travel: How to choose your credit card rewards

Choosing a rewards credit card means picking a side in an ongoing debate ... In a 2017 J.D. Power survey, cards with cash-back programs earned the highest customer satisfaction ratings. It's also not uncommon to see cash-back cards with generous ...

Published:  Mon, 06 Nov 2017 04:44:00 GMT



Will your store credit card survive "˜Retail Apocalypse'

The card issuer offers you a new credit card. When a retailer goes out of business entirely, the rewards program eventually goes with it. "Most issuers will attempt to find a replacement product or reward value proposition for the customer," Boone says.

Published:  Tue, 14 Nov 2017 14:37:00 GMT



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