Rewards Credit Cards: More Options Than Ever Before

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In todays credit card world, companies are offering a growing number of reward programs. The reason? They are competing for more customers. This is great news for you, the consumer. You now have more ways to benefit from a rewards credit card than ever before.

Consider your Options

With so many choices, finding the right rewards credit card can feel overwhelming. As you sort through your options, consider which credit card can best benefit you. If you regularly travel, look into cards offering gas rebates or hotel stays as rewards. If you live near an airport where a particular airline has its hub (for example, one of Continentals hubs is in Houston; Northwest has its hub in Minneapolis), you may want a card that includes miles for that airline. If you get a thrill out of receiving money for using your card, look into a cash back card.

To ensure that you are getting the best deal for your lifestyle, read through the fine print. Some credit cards include an annual fee for the reward program. Others have a high interest rate attached to the card. If you use the credit card infrequently or regularly carry a balance, the benefits of these cards may not...

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