Reward Card Offers: What to Look for and to Avoid

Posted by admin in Credit Cards on 11 7th, 2009 | no responses

Each time you use this type of card you are earning “points” toward your chosen reward, whatever it may be. But everything has its pros and cons, here are some to be aware of. Not all rewards cards are created equal. First, decide why you want a rewards card. Airline miles? Gift certificates? The rewards the card offers should be things you need. If you use your card primarily for travel and clothing and your rewards are for gas and groceries, you won’t earn many points.  The lesson, do your homework to get the most bang for your rewards buck on credit card offers.  Make sure you read the fine print, not all rewards points match dollar for dollar. You must use your card often. Charge everything you normally would pay cash for.  You will be amazed at how everything from gas to movie tickets, all charged, will add up quick toward reward points. So if you are careful, many purchases can help you earn rewards fast. Everything expires, even rewards.  Pay attention to blackout dates or other things that might effect your rewards, you don’t want to loose them.