Are credit card rewards important enough to be a main criterion?
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.
Credit Card Applications » Research » Guides » Travel with Credit Cards » Are credit card rewards important enough to be a main criterion?

Are credit card rewards important enough to be a main criterion?


Updated: December 26, 2012

By
Add to Favorites:
When choosing credit cards, some of the things that you do look at would be annual percent rate or even the amount of money that you might end up spending in terms of fess and other expenses. But, nowadays, people are also considering credit card rewards as one of the methods to determine whether or not this is the card that they would want to go in for. If you think about it, perhaps this might be something to take into account. However, is it the only criteria that you would look at for deciding about the card? Discounts on transactions In a bid to take on a larger number of clients, many of the credit card companies offer discounts and cash back schemes on all transactions. In this way, they can lure in customers on the pretext of paying them to make use of the cars. However, upon close inspection of such credit card rewards, it becomes quite clear that there are a number of conditions and restrictions to take note of. Only if your card can truly satisfy on all fronts, should you go in for it. Reward schemes Certain kinds of credit card rewards take it one step forward and actually offer a reward to the customers that are going to make use of it. These rewards can be something small like tickets to a show or a movie premier, or they could be something as big as a chance to win a sports car. Hence, these kinds of regular chances to win make the rewards quite exciting to be a part of. If you are someone that likes to play the lottery, then this is the option that you would want to go in for and probably take advantage of. Rollover options Some types of credit card rewards are designed for the long haul. Hence, if the customer decides to hold onto them and accumulate them for claiming something really good later on, they might be suitably rewarded. However, this is not necessarily something that many people would do. Unless you are the kind that doesn't mind accumulating these points and waiting till they amount to a good number, you don't have much to be afraid of. On the contrary, if the rollover options don't seem like a good fit, you might disregard it and look at other features. Thus, the answer to the question lies in the kind of person that you are. If you are the patient types that doesn't mind waiting around in order to make the most of what you have, then the point based system works for you. On the other hand, if you are the kind that wants to see the difference right away, with each transaction, then going in for a transaction based discount is the best option. In this manner, you can easily decide and opt in for the right kind of credit card rewards and possibly get better advantages with the use of your credit card.

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

Other Travel with Credit Cards Research:

Related Research:

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

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

How to Get Free Wi-Fi in the Air

By Herbert Moore, Posted: September 28, 2016

Sometimes in-flight Wi-Fi is the bare necessity when you travel abroad or within the country. However not all airlines offer free in-flight Wi-Fi. There is only a couple of airlines that will allow you to use Wi-Fi ... Continue reading