March 19, 2018

Home  >  Rewards Programs Credit Card  >  Articles

Your Information Is Secure
Credit Cards: The Lowdown Newsletter

Latest Reviews

Air Purifiers

Baby Cribs

BBQ Sauce Clubs

Candy Clubs

Dog Beds

Graduation Invitations

Hair Care Products


Mystery Shopping

Web Hosting


Related Articles

The Tricks of a Credit Card Rewards Program

What to Avoid in a Credit Card Rewards Program

What to Expect from a Credit Card Rewards Program


Top Consumer Reviews Articles provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

What to Avoid in a Credit Card Rewards Program

Selecting a credit card rewards program can be a challenge. With so many cards options to choose from, it is important to be aware of what to avoid when choosing a card with a rewards program.

Avoid letting your rewards go to waste. Billions of dollars in rewards go to waste every year. Avoid letting rewards sit for long periods of time, as they become less valuable over time as the price of goods and services rise. Choose a rewards card that lets your redeem often so these awards maintain their maximum value and do not go to waste. The rewards should be easy to redeem increasing your opportunities to redeem your rewards often. Look for options to track, browse and spend your rewards online instead of having to rely on complicated phone or mailing systems.

Avoid cards that have expiration dates for their rewards. If you save your reward points for a big ticket item, it would be unfortunate to find that your rewards have expired. You should also avoid cards that charge for reward redemption. Your rewards should be a free bonus of using your card.

Avoid limited time offers. These might seem great at first and then the benefits quickly plummet. Check what the rewards are after the promotional period ends. When picking a credit card rewards program you should select a card that will benefit you in the long run. Changing cards frequently can damage your credit score.

It is recommended that the majority of consumers should avoid cards with extremely high interest rates or annual fees, but there are a few exceptions. One, if you do not carry a month to month balance on your credit card, then interests rates do not need to factor in your decision. Another exception would be if you are a big credit card spender and the rewards will outweigh the cost of the annual fee. Again, this looking at current spending and bill paying habits will help decide if you need to avoid cards like these.

Since the interest rates are high, it is also important to avoid carrying a high balance on your credit card. To receive the full benefits of a rewards program, pay off a large majority (or all) of the balance each month. Otherwise, you will spend more on the cost of interest than you will receive in rewards.

Be careful when choosing a rewards program and read the fine print. Keeping these tips in mind will help you find a card that won’t have you falling victim to extra fees, program restrictions and complicated reward programs.

This credit card will offer rewards in bitcoin - and has 2,000 people on the waiting list

Blockrize's legal team is in the process of figuring that out now, he said. Unlike cash back, air miles and other credit-card rewards programs, cryptocurrencies are notoriously volatile. And if prices go down "I do anticipate some people will be upset ...

Published:  Sat, 10 Mar 2018 08:41:00 GMT

These Are the Best Credit Cards Now for Every Type of Traveler

which tend to waive checked-bag fees for people who are frequent-flier program members. We looked at a number of premium travel credit cards, comparing their fees, rewards structures, and ease of use. Among the best premium travel credit cards, this ...

Published:  Thu, 15 Mar 2018 12:00:00 GMT

The Best Hotel Rewards Credit Cards of 2018

The Hyatt Credit Card-The Hyatt Credit Card offered by Chase gives members ... Wait until you hear about the rewards program "¦ Twelve points per dollar spent are earned on purchases at hotels inside the Hilton portfolio. Six points per dollar spent ...

Published:  Tue, 06 Mar 2018 13:04:00 GMT

Amazon Plans to Create Small Business Credit Card

These credit cards have either a low on-going interest rate, low introductory interest rate, or low on-going fees. Most of these cards also have reasonable rewards programs and additional card perks. Rewards are one of the most requested features in credit ...

Published:  Wed, 14 Mar 2018 08:58:00 GMT

BP and United Airlines® Introduce the Only Joint Reward Program of Its Kind

When BP Driver Rewards and MileagePlus members sign up for this new program, they can earn 200 bonus award miles after joining and making their first fuel purchase with a linked debit or credit card.* Members can multiply their earnings through the ...

Published:  Wed, 07 Mar 2018 08:50:00 GMT

No 'reward' in reward-point credit cards

Why not use a debit card that has a rewards system attached Lots of debit card programs offer the same kinds of rewards programs that credit card companies do, with one big exception - you don't have to go into debt! Studies have shown that the vast ...

Published:  Mon, 05 Mar 2018 06:03:36 GMT

Share Us!    Share on Twitter Share on LinkedIn Share on Google+ Share on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure