Info about 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 » Info about Credit Card Rewards

Info about Credit Card Rewards

Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.
Credit card companies offer plenty of rewards and loyalty programs for their clients who regularly use their brand of cards for purchases and payments. Think of this as an incentive that would both benefit both consumers such as yourself and your respective credit card companies. Here are some basic information about credit card rewards and how to make full use of them to your advantage. Other than credit cards to use for your financial transactions, there is also something called loyalty or rewards cards. It looks almost the same thing as regular credit cards but it functions in a different way, which is by providing you with more benefits by just spending with it and using cards of the same company brand. This additional card is typically called a loyalty card in the United Kingdom, while it is called a points or reward card in Canada, and a discount or club card in the United States. Regardless of what it is called, loyalty or rewards cards show that you are part of its respective company's loyalty or rewards program and that you are entitled to enjoy the benefits provided for you. To get a loyalty or rewards card, simply inquire at your respective credit card issuer to see if the have any loyalty programs that would best suit your needs and interest as a consumer. If you find any program that strikes your fancy, then you would have to give some general identification and demographic data to the card issuer to start applications. Then, you would have to sign an application form that shows the contract and agreement. Afterwards, the company would then issuance the card for you to use. Also, take note that the loyalty or rewards card would be used to access some of the demographic information you have given earlier for verification purposes in some financial transactions. You also need to be advised to thoroughly evaluate the rewards you could receive from the loyalty card compared to its interest rate. Keep in mind that loyalty or rewards cards have a higher interest rate than regular credit cards, so be sure that you thoroughly search through the many offers that your credit card companies offer you so you know which rewards program to be part of. There kinds of rewards that loyalty or rewards cards could provide for that are as many as the different kinds of these cards that companies offer. Such examples of rewards and benefits include cashback bonuses from purchasing goods and merchandise from certain stores. There are also rewards programs where you could accumulate points to win free prizes if you stacked up enough points for it. And there are also reward programs that would give free hotel services, auto maintenance, and airplane flights by continued use of the card. These kinds of reward programs in the form of additional credit cards are advantageous for shoppers and consumers, because the more they use it the more they get from it to spend more. But you should be disciplined enough to manage these programs responsibly, otherwise you would have plenty of financial trouble heading your way.

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!