How to make the most of credit card rewards

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 » How to make the most of credit card rewards

How to make the most of credit card rewards


Updated: December 26, 2012

By
Add to Favorites:
Credit cards are known not just for the very easy ways in which they allow for buying of services and goods; this system of payment offers consumers a number of additional benefits as well. For those who having a credit card, credit card rewards are one of the best complements. Credit card companies provide rewards so that consumers are encouraged to use their credit card more frequently than they would traditionally. Customers are pushed to use their rewards in a manner that they benefit the most. Credit card rewards include cash offers, the ability to receive real-time gifts and travel vouchers or tickets at no cost at all. When consumers using a credit card exactly like how it was meant to be, they can earn a number of benefits. There are a range of credit card issuers offering an array of reward programs based on the credit cards held by customers. Account holders are also suggested how to use their card and the rewards very efficiently. Consumers have the opportunity to acquire or buy things routinely while also enjoying cash offers and being able to repay debts. They can thus earn points with reward programs with many companies giving points, specifically to individuals that fly frequently as well as gift certificates. Credit card rewards are associated with allowing consumers to purchase a service or item through their credit card. In nearly all cases, it may not involve the transfer of balance or advance in cash. It is the issuer that puts up with the cost included that ranges between 0.25 percent and 2.0 percent. There are a number of networks that boost their fees to allow issuers gain enough funds to deliver a method of rewards to consumers. On the contrary, there may also be issuers that aren`t too happy about redemption and could require the credit card holder to contact their customer service to redeem their rewards. This is done by hiding the rewards that can be redeemed in very subtle ways. An important part of the credit card company`s services, rewards are necessary for the company to stay in the competition. After all consumers may see reward points as an added bonus for getting a credit card with a particular company. Furthermore, consumers must try to redeem their credit card point, as the points that are unredeemed are kept by the issuer. It is the duty of the credit card issuing companies to manage their credit card reward points along with the related incentives more intelligently. In most cases, credit card companies retain transparency when issuing reward points to consumers. They offer a product catalogue that mentions clearly the items available under a particular program. Being able to purchase through credit cards should be an added incentive to consumers and not a burden. Generally, credit card companies look at retaining consumers with gifts so that they consider their card as a beneficial investment.

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:

SoFi Making Lending Social

SoFi Making Lending Social

By Dar Dowling, Posted: April 26, 2017

Since 2011 SoFi, a San Francisco based online lending company, took the lending industry by storm, when they became the first online lender giving people access to affordable student loan refinancing. Continue reading
Affirm: A ‘Friendly’ Credit Alternative

Affirm: A ‘Friendly’ Credit Alternative

By Angela Rose, Posted: April 5, 2017

In 1789, Benjamin Franklin wrote, "In this world nothing can be said to be certain, except death and taxes." His statement holds true even today - especially when it comes to personal finance tools such as credit cards. Continue reading
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