Understanding the concept of rewards credit cards

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 » Research » Guides » Cardholder Benefits » Understanding the concept of rewards credit cards

Understanding the concept of rewards credit cards

The content is accurate at the time of publication and is subject to change.
This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Citi.

We are living in an exciting and market savvy times. Corporations and companies dealing in consumers' goods are competing with each other to push their sales and innovating marketing strategies to keep ahead of its competitors by luring potential customers to its brand through offering incentives. We are living in a market-drive world where we buy two to get "one free." Credit card companies are no exception as each of them offers reward credit card to retain its customers and entice new clients by offering various types of credit card rewards.

Reward offered by credit card companies varies from one company to the other. Some Reward Credit Card offered by these companies has effective value for its customers, and each company will try to outdo the other, by offering something that is useful and better than its competitors. As companies try to outsmart each other by marketing aggressively and using different incentives, the customers obviously stand to benefit.

You will get a Reward Credit Card offering points that is exchangeable either for a gift card or a statement credit. There are credit card companies offering rewards ranging from air miles, cash back, gas rebates, free hotel stays, discount on Disneyland products and even free secondary bonuses like travel insurance or car towing coverage. Doesn't all these reward offers sound tempting as you might just agonise over which credit card company to choose, each reward they offered, is as useful as the others.

Let us give you a little hint that might help you in choosing a credit card company that gives Reward Credit Card that will be useful to you. You must choose a credit card company offering credit card reward according to your job profile. If your job is such that you need to travel a lot, then choose the company that offers you air-miles. For an insurance agent, sales representative or even a journalist gas rebates would be beneficial as credit card rewards, since they would use their vehicles to travel. If you are a family man who loves taking your wife and children on annual vacations, then take the free hotel stay and discount on Disneyland products.

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:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Posted: November 8, 2018

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
The Best Credit Card for Earning Cash: Discover it® Cash Back

The Best Credit Card for Earning Cash: Discover it® Cash Back

Posted: November 2, 2018

You’ll have hundreds of dollars in your pocket in no time because you’ll earn money back on every purchase you make with this card. There are no restrictions on the amount of cash back you can get, and Discover even matches every penny you ... Continue reading
Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Posted: October 10, 2018

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
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!