How to earn credit card rewards?


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. 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. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Travel with Credit Cards » How to earn credit card rewards?

How to earn credit card rewards?

Updated: November 14, 2018

The content is accurate at the time of publication and is subject to change.

Credit card rewards is a marketing strategy adapted by many credit card companies to attract customers. The credit card rewards have been customized to meet the different lifestyles of varied customers. A survey conducted by consumer payment choice of the Federal Reserve Bank of Boston, found that, more than fifty percent of the American population use reward cards regularly.

The earning of reward points depend entirely upon the terms and conditions that the issuing bank sets. Generally how much a credit card holder earns depends upon how much he spends and also if he is able to pay off his credit card bills before the grace period gets over. However steps can be taken to maximize the earning capacities of the credit cards.

Steps to earn credit card rewards

1. The first step that can be taken is to prepare a list of the possible bills that can be paid with the help of credit card. All household and utility bills should also be included. In short make a list of all the ways in which credit card can be used to make purchases and thereby earn reward points. Care should however be taken that the purchases made are repaid back immediately to the credit card account within the grace period.

2. Before going out to shop with the credit card, the available credit limits must be checked so that the purchases made are within the budget. The basic principle is to use the credit card within limit to earn the maximum points.

3. Concentrate the earnings on one or two cards. Too much spending on different cards will not allow the accumulation of the points fast and therefore will not avail greater rewards.

4. Credit card reward programs can be of various types. Air lines miles, rebates, discounts, travel and accommodation offers are some of the many offers that can be availed in exchange of credit card reward points. The issuing credit card company has set it’s own terms on the availing of the different reward options. Usually a slab is set. Each slab has a range of points earned and the various reward options that will be available within that range of points. It is therefore necessary that the credit card user selects the type of reward that he wishes to avail. If he is a frequent flier then credit card reward in the form of airline miles will be best suited for him.

5. Finally some basic guidelines need to be followed that will allow the credit card user to earn the maximum reward points. These guidelines are as follows:

  • Credit cards with reward options usually have higher rates of interests and therefore repayment of the entire credit card bill before the last date should be ensured.
  • The grace period for which the reward points remain valid varies from company to company. The grace period should be well studied and users of the credit card should try to avail the reward offers within the validity period of the credit cards.

With proper and systematic use of the credit card a user can earn reward points very easily.

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.

Other Travel with Credit Cards Research:

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!