Credit Card Rewards – Tips to Reap Maximum 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.
Credit Card Applications » Research » Guides » Travel with Credit Cards » Credit Card Rewards – Tips to Reap Maximum Benefits

Credit Card Rewards – Tips to Reap Maximum Benefits


Updated: December 26, 2012

By
Add to Favorites:

Credit card rewards are like a little reinforcement we get to use the credit cards. It is a reward that the credit card companies shower on us for showing loyalty towards them. All major and minor credit card companies are now offering various rewards to their customers, but you should be smart enough to take advantage of them.

Tip 1: Know the Reward Programs

There are different kinds of rewards programs and you can choose a credit card that assures you best credit card rewards. You have scope to earn more rewards if your choice of card is right. There are cash back offers, rewards on fuel expenditure, rewards for mobile phone usage, rewards for frequent shopping etc. If you are the kind who is constantly traveling, a fuel points reward scheme will give chance to earn more rewards. Similarly, shopaholics can make best use of frequest shopper rewards etc.

Tip 2: Choose Cards With No Fees

If you want to ensure that the credit card rewards you are getting is not more than what you cough up to do so, ensure that there are no annual fees that you have to bear for the card. Sometimes, when the credit card companies charge an annual fee, they assure you a scheme in return. For instance, your credit card may want you to pay an annual fee so you can get 2% cash back offer. The point is that you must not feel forced to spend a huge amount to avail that 2% cash back offer.

Tip 3: Remember to Redeem the Points on Time

You may have planned your expenditure right so you can make the best of credit card rewards, but of what use could it be if you forget to redeem it before the stipulated time? Set reminders so you do not forget the last date before which the redemption of points is a must.

Tip 4: Plan it Right

The credit card rewards also have an upper limit. For instance, you may be eligible for a cash back offer on your fuel expenditure only till you reach a $300 limit. If you are not aware of it beforehand, you may end up spending your money thinking you will get credit cards rewards, but may burn your own pockets instead. Hence, do not spend simply to avail the credit card rewards and also, take time to understand your reward scheme and its limitations.

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:

How to Get Free Wi-Fi in the Air

By Herbert Moore, Posted: August 9, 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

Amazon Credit Cards Review

By Allison Martin, Posted: May 30, 2016

When Amazon.com was launched 20 years ago, few could have envisioned how far the company would come. What was once an online specialty bookstore is now an Internet juggernaut that sells nearly anything and has made major inroads into ... Continue reading

How Much Do Shell Cards Really Save on Gas?

By Allison Martin, Posted: April 20, 2016

There is an endless amount of gas cards on the market, and practically every major gas station, including Shell, has options to choose from. In fact, Shell offers two options for gas cards for consumers. Continue reading