Free Card Benefits

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Free Card Benefits

By
Add to Favorites:
Free Card Benefits
October
10

There is a set of standard credit card benefits designed to entice more customers into a bank's business. More customers mean more collections in interest charges, annual and rewards membership fees and merchant fees. The bank' aim is to make you apply and to keep you loyal as long as possible. The issuer picks up customers with various payment records if they look promising in terms of revenues. To keep them using its services, it offers free of additional charge benefits, such as instant approval and sign-up bonuses, 0 rates on balance transfers, rewards and insurance programs.

Such generous and free benefits encourage you to spend more on everyday purchases ranging from groceries to car rentals and travel booking. While you use the card for every little item and carry some little balance, you are in the business generating stable revenues for the issuing company.

The analysis of rewards incentives singles out the most popular rebate, or cash back offer. Available basically for good credit applicants, cash rebates are found on best low interest offers from Discover, American Express, Citibank, Chase Bank and Capital One. The rewards scheme works like discounts, giving from 1 to 5% back on the purchase price. The greatest percentage of the rebate (up to 6%) is accumulated on eligible purchases defined by the agreement. It may be gas stations, grocery and drug stores and participating merchants.

The rebate rewards are mostly profitable for shoppers looking to save on everyday purchases. If you own a car and want to reduce the cost of filling it up, a gas rebate card is particularly good. On collecting an eligible amount of cash back, you can receive it as a credit to your account, a gift card or a check. It is fast and simply way to earn spare money financing your everyday needs.

Another reward incentive is created for frequent travelers and includes airline miles and hotel rewards. You can choose a program attached to a particular airline. It means you're to buy goods and services of only this company to be eligible for miles rewards. Or you can find a scheme good for all major American airlines and have greater freedom and flexibility redeeming the miles.

Hotel points are invaluable when your business trips take several days of staying in the foreign country. A certain number of points is redeemable for a hotel stay and allows holding business meetings in the room if it is specified by the application's terms and conditions.

A substantial benefit offered by major card applications is travel accident and car rental insurance. It means if you get a rental car broken or suffer from an accident while traveling, your bank will pay for related expenses up to the specified amount. To be eligible for the coverage, you must pay for car rental or tip with your card.

A few companies will offer the benefit of registering all your current credit cards to protect them in case your wallet is lost or stolen. You need to make one phone call to notify all your banks at once. It's a very convenient service for people concerned about their financial and credit health.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

5 Reasons to Get the Capital One Venture Miles Rewards Card

5 Reasons to Get the Capital One Venture Miles Rewards Card

By Herbert Moore, Posted: January 18, 2017

If you’re looking for a great travel rewards credit card—one that offers unlimited earning opportunities, flexible redemption, and lots of perks—look no further. This card from Capital One has you covered. Continue reading
Credit Card Tips For Holiday Shopping 2016

Credit Card Tips For Holiday Shopping 2016

By Herbert Moore, Posted: November 23, 2016

November and December are the busiest months as gift shopping reaches its peak. People rush around looking for the best gifts and the best deals leaving a lot of money in the shops. Holiday season may force you to go over the household ... Continue reading
Credit Cards to Save More on Holiday Shopping

Credit Cards to Save More on Holiday Shopping

By Herbert Moore, Posted: November 22, 2016

Discounts and special offers are available all year round. Werther you are a bargain hunter or an impulse buyer, make sure you check online discounts and special offers. Also, if you are a cardholder, see if your credit card opens the door ... Continue reading