Credit card companies have more incentives to offer - Other News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most 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 » News » Other » Credit card companies have more incentives to offer

Credit card companies have more incentives to offer

Credit card companies have more incentives to offer
The content is accurate at the time of publication and is subject to change.

The beginning of 2010 was filled with a lot of uncertainty as there was news of higher rates on cards as well as fewer incentives. However, as the year unfolded the credit card offers started appearing in the mailboxes of customers on a regular basis and attractive reward programs have been offered. Now card companies seem to have returned to their pre-crisis levels and are expected to maintain the normal marketing strategies in future.


Come New Year and card companies have more incentives up their sleeve to offer to cardholders. Here`s a quick checklist of the offers that one can expect in the New Year:


Cash-Back offers:

Card companies have some interesting cash-back offers for cardholders and these offers will come down to levels that were seen before the credit card crunch. These offers will be better than the ones before the new federal rules took over.


For example, Chase Freedom Visa offers $100 cash back if the cardholder spends $799 on the purchases in the first 3 months after opening the account.


Discover it cards allow to earn at least 1% cash back on all purchases, some cards even offer up to 5% cash back in rotating categories (up to the quarterly maximum). The categories change every quarter and you will need to enroll each time a category changes to be able to earn 5% cash back.


Travel cards offers:

Issuers will be adding more features on the card to attract the card holders with high credit scores. There are some pretty aggressive bonus offers for signing up and these are likely to go up further in the coming year.


A consumer can earn up to 30,000 bonus miles on the United Mileage Plus Select Visa Card and $50 United Travel Certificate on spending $250 with the new card.


Chief Executive, LowCards.com, Bill Hardekopf states that cash-back as well as travel offers will get more attractive, however, some card holders will have to pay the annual fees in case the card is not used up enough. As of now, most of the reward cards do not carry the annual fees.


Low-interest cards:

Most card holders might get anxious about the credit card rates as analysts have predicted the increase in the prime rate in the coming year. However, issuers will have to stay competitive in this regard and cannot have any major changes with regard to the interest rates. In fact, some issuers might even lower their interest rates in 2011.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
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:

Related News:

Capital One Partnering Up with Airlines

Posted: November 16, 2018

Starting in December Capital One is partnering with a dozen airlines so their cardholders can transfer their miles and book flights. The new transfer benefit will be available to people with the Capital One Venture One, Spark Miles and ... Continue reading
Getting Quadruple Points with the New Business Gold Card by American Express

Posted: November 12, 2018

American Express is rolling out a new credit card for small businesses, offering quadruple reward points on the two categories in which they spend the most during the month. There are six categories they can earn these enhanced rewards in, ... Continue reading
Now Cardholders can use Ultimate Rewards for Apple Products

Posted: November 9, 2018

Chase credit card holders can now use their rewards to buy Apple products via the new Apple Ultimate Rewards Store. When shopping in the new store people with a Chase Sapphire, Freedom and Ink credit card can use their reward points to pay ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
For Excellent, Good Credit
Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
For Excellent, Good Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!