Various credit card reward that make a difference


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 » Various credit card reward that make a difference

Various credit card reward that make a difference

Updated: September 28, 2018

The content is accurate at the time of publication and is subject to change.
Credit card rewards make it easy to manage credit cards, and get some payback for spending money using the credit cards. Since credit cards are the most popular means of spending money these days, there are many credit card companies and a tough competition for the best rewards credit card. Every credit card company has a special scheme of its own, to attract customers. Credit card rewards are generally designed keeping a particular target group in mind. Following are some of the most rewarding credit card schemes that help customers make some profit out of the cards: Air mile rewards This scheme is most suited for businessmen who frequently travel year round, on business. Air mile rewards scheme rewards air miles with every credit card swipe that the user makes. These air miles can then be exchanged for discounts on the air tickets. Also, for every ticket that is bought, bonus points will be rewarded to the individual in some credit card schemes. Air mile reward schemes can be combined successfully with frequent flyer programs of airline carriers that have alliance with the credit cards. Air mile reward schemes work well for gold or platinum visa or master card holders, since the amount they spend with their credit cards will be much higher, compared to regular cards. Hotel stays and rental car discounts can also be combined with air mile reward schemes, since businessmen find use for hotel discounts and free car rentals all round the year. Point system rewards This is the most common reward scheme that any normal credit card holds. For every dollar spent using credit card, a point is awarded to the user, and these points can be cashed when they reach a set limit. Many people use this reward system to get some respite from credit card bills. At the end of every month the user gets the option of converting the reward points into cash. Also, these reward points can be used to shop in the credit card store, where the points can be exchanged for merchandise. All merchandise sold in the credit card store will have preset reward point requirement. Cash Back Offers Cash back schemes reward the users with cash back offers when they shop at participating department stores and from special deals for the credit card customers. The cash back is usually a percent of the money spent. Sometimes cash back scheme demands a certain amount to be spent before getting cash back. Most times, it is just some percent of the total amount spent, which is returned to the customers immediately after shopping. Gas point rewards These reward schemes are useful to people who travel regularly by their cars. Similar to point system, for every credit card dollar that is spent, the user is credited with a gas point. This can be redeemed at any participating gas station, every time the credit card user wants to refuel the car. Depending on the points accumulated, the discounts are applied while refueling.

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!