How to make the most of credit card rewards

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 » Travel with Credit Cards » How to make the most of credit card rewards

How to make the most of credit card rewards


Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.
Credit cards are known not just for the very easy ways in which they allow for buying of services and goods; this system of payment offers consumers a number of additional benefits as well. For those who having a credit card, credit card rewards are one of the best complements. Credit card companies provide rewards so that consumers are encouraged to use their credit card more frequently than they would traditionally. Customers are pushed to use their rewards in a manner that they benefit the most. Credit card rewards include cash offers, the ability to receive real-time gifts and travel vouchers or tickets at no cost at all. When consumers using a credit card exactly like how it was meant to be, they can earn a number of benefits. There are a range of credit card issuers offering an array of reward programs based on the credit cards held by customers. Account holders are also suggested how to use their card and the rewards very efficiently. Consumers have the opportunity to acquire or buy things routinely while also enjoying cash offers and being able to repay debts. They can thus earn points with reward programs with many companies giving points, specifically to individuals that fly frequently as well as gift certificates. Credit card rewards are associated with allowing consumers to purchase a service or item through their credit card. In nearly all cases, it may not involve the transfer of balance or advance in cash. It is the issuer that puts up with the cost included that ranges between 0.25 percent and 2.0 percent. There are a number of networks that boost their fees to allow issuers gain enough funds to deliver a method of rewards to consumers. On the contrary, there may also be issuers that aren`t too happy about redemption and could require the credit card holder to contact their customer service to redeem their rewards. This is done by hiding the rewards that can be redeemed in very subtle ways. An important part of the credit card company`s services, rewards are necessary for the company to stay in the competition. After all consumers may see reward points as an added bonus for getting a credit card with a particular company. Furthermore, consumers must try to redeem their credit card point, as the points that are unredeemed are kept by the issuer. It is the duty of the credit card issuing companies to manage their credit card reward points along with the related incentives more intelligently. In most cases, credit card companies retain transparency when issuing reward points to consumers. They offer a product catalogue that mentions clearly the items available under a particular program. Being able to purchase through credit cards should be an added incentive to consumers and not a burden. Generally, credit card companies look at retaining consumers with gifts so that they consider their card as a beneficial investment.

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!