Rewards credit cards are designed to reward consumers for their loyalty by giving something back to the cardholder; various rewards programs exist including points, cash back, frequent flyer miles or merchandise. Rewards credit cards are constantly improving because it is how the credit card companies compete with one another to gain new customers and to keep the ones they have.
While all rewards credit cards sound great at first glance, its important to do a little in depth research on each before you select one. What you miss in the fine print might cause your rewards card to reward the credit card lender instead of your wallet!
Rewards cards dont reward if you carry a balance from month to month. When you use a rewards credit card, its typical for the card to have a higher interest rate than a non-rewards credit card. If you are carrying a balance from month to month instead of paying it off at the end of each month, youre not likely to earn anything from the rewards after you pay out the interest.
What does Up to mean? You know youve seen it. Rewards credit cards that advertise cash back up to 1%. That means you might actually earn much less...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
