Important Things you can take advantage of in 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 » Important Things you can take advantage of in Credit Card Rewards

Important Things you can take advantage of in Credit Card Rewards


Updated: December 26, 2012

Add to Favorites:
Credit card rewards and loyalty programs are an incentive offered by credit card companies for their clients for their continued use of their brand of cards. This sort of service would benefit both camps, as companies would get more business and interest from their clients while cardholders would benefit from whatever incentives the programs gives them. This article would give you the basic info about these credit card rewards so you could make full use of them to your advantage. Loyalty or rewards cards are additional cards you could get from your issuers if you take part in one of their programs. These cards look just like regular credit cards, but their function is different. They work by providing you benefits as long as you make purchases and payments using that company's brand of cards. These cards are called differently in some countries. For example, they are called loyalty cards in the United Kingdom. Then, they are called points or reward cards in Canada. While, they are called discount or club cards in the United States. To get these kinds of cards, simply inquire at your credit card issuer and sign up for the program that you think would most benefit you as a consumer. Simply give your demographic data and general identification during the application to start. The application form would also come with the contract and agreement of the rewards program, and you are advised to read the contract carefully (most especially the fine print passages) and clarify any parts that you find hard to understand. Also take note that your demographic information would be accessed through these cards whenever you make transactions. You should also be warned about the loyalty cards' interest rates, because they often have higher interest rates than that of regular credit cards. So make sure that you thoroughly compare the interest rates with the rewards you would get, so you would know if you could handle it. Also, you should browse through your card issuer's many rewards programs to see if there are any of them that strike your fancy and think would best suit your needs and interests. Just as there are many rewards and loyalty programs offered by credit card companies, there are just as many kinds of rewards that cardholders could win if they continue using that certain brand of credit card. You could win free prizes from continually using your company's credit cards and racking up points for them, or get even cash back rebate bonuses for each of your purchases. You could also win free services like hotel services, airplane flights, and even college funds for university. These rewards and loyalty programs are a wellspring of prizes and benefits for cardholders, as they just need to spend by using their brand of cards to win them. But you should also be warned that you need to be disciplined and smart enough to sort these things out, otherwise you could get into financial trouble because of lack of control over your expenses. So be sure to make use of these programs responsibly and carefully.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products’ Terms & Conditions on the issuing banks' websites.
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 Earn on Black Friday Deals in 2017

How to Earn on Black Friday Deals in 2017

Posted: November 23, 2017

Black Friday is around the corner! Ready, steady, go! But before you go on a shopping spree to catch the jaw-dropping deals and discounts, make sure you maximize them. Did you know that you can not only save on Black Friday, but also earn? ... Continue reading
Autumn 2017: Best Rewards Credit Cards for Thanksgiving Shopping

Autumn 2017: Best Rewards Credit Cards for Thanksgiving Shopping

Posted: November 20, 2017

Thanksgiving is coming, and whether you are hosting a meal or coming as a guest, your spendings are going to accumulate faster than you can notice. A holiday feast is a costly matter – each year Americans spend around $50 on a Thanksgiving ... Continue reading
Top 5 Cards for Travel from Our Partners Autumn 2017 – Expert Choice

Top 5 Cards for Travel from Our Partners Autumn 2017 – Expert Choice

Posted: November 8, 2017

Nights are drawing out, the wind is colder every day and you already feel the lightest breath of winter on your face - autumn is here. Holidays are over, kids are back to school and all you are left with are hefty holiday bills that you ... Continue reading