Glossary Terms: Points Rewards

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Credit Card Applications » Glossary » Points Rewards

Points Rewards

Many credit card companies offer reward points to customers to encourage people to use their cards more frequently. Reward points may be issued based on purchases made – for example, one point per dollar; or as bonus rewards, such as 100 points for transferring a balance. They can often be redeemed for cash, gift cards, frequent flyer miles, or other rewards.

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