Choosing A Reward Credit Card

When you’re shopping for a new credit card, the immediate features you see that attract your attention are the interest rate and the credit card reward programs offered. If you have good credit, you most likely would be approved for a card offering a 0% APR introductory period. This introductory low interest rate extends with an average of the first twelve months you have your new credit card.

With that in mind, the next thing to consider is the type of reward credit card …
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When you’re shopping for a new credit card, the immediate features you see that attract your attention are the interest rate and the credit card reward programs offered. If you have good credit, you most likely would be approved for a card offering a 0% APR introductory period. This introductory low interest rate extends with an average of the first twelve months you have your new credit card.

With that in mind, the next thing to consider is the type of reward credit card that will fit your life style. It’s a large competitive field for your credit card dollar and the financial institutions are very creative in continually bringing out new credit card reward programs. With the ease of the internet, it is now possible to compare a larger number of credit card offers side by side.

If you travel frequently, there are a number of travel reward credit cards that offer an accumulation of points to be used for air travel, hotel reservations, cruises, and car rentals. Many of these same offers include a discount on these services too. On the other hand, some reward credit cards allow you to accumulate points for the purchases of a variety of products, to be applied toward airline miles.

If you are one who pays your entire balance each month, a reward credit card that includes cashback as an incentive could be one that would be most enticing for you. Some of the cashback cards offer as much as 5% return on your money. This can add up to a tidy sum at the end of the year.

Additional reward credit card offers include discount on gasoline purchases, contribution to an FDIC-insured high-yield savings account in your name, and an accumulation of points for gift cards from top retailers and restaurants. There is a reward credit card that fits every life style.

So, the next time you’re looking for a new credit card, after you’ve compared the interest rate, review the credit card reward incentives too. Credit card rewards can save you money!

Deciding Which Reward Credit Card is Right for You

This article describes how consumers can analyze and decide on which reward credit card is right for them.
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When sorting through the large number of reward credit cards that are available, it can sometimes seem overwhelming. Deciding which one is the best for you can seem like a difficult task, but it does not need to be. By taking a look at your own spending habits, lifestyle, and the benefits each card has to offer, you shouldn’t have too difficult of a time determining the best reward credit cards available.

Assessing Your Spending Habits

Your spending habits have a great deal to do with determining which reward credit card is best for you. For example, if you typically spend a great deal of money each year on a credit card, you will receive a greater return. If, on the other hand, you rarely use a credit card, you probably won’t get much out of the card. Similarly, many reward credit cards have an expiration date on the points you earn with them, which are then traded in for the rewards. If you do not spend enough on your card within that timeframe, you won’t get anything from the card. Therefore, you need to consider expiration dates and the points trade off when picking a reward credit card.

Similarly, you need to determine whether or not you will be able to pay the card off in full at the end of each billing cycle. Really, reward credit cards are best suited for individuals that can pay the balance each month. This is because reward credit cards tend to have a higher interest rate than traditional credit cards. A higher interest rate equals larger finance charges if you do not pay your bill every month. If you still have a strong desire to have a reward credit card even though you do not pay your bill in full each month, make sure to select a card with a very low interest rate. Otherwise, you will pay more in finance charges every year than you make in return.

Looking at Your Lifestyle

Your lifestyle also has a lot to do with choosing the best reward credit card. Since the majority of reward credit cards provide bonus points on certain types of purchases, you should select a card that rewards you for the purchases you regularly make already. Similarly, you should make sure the rewards of the credit card are ones that you are interested in. After all, it won’t matter if the rewards points are easy to accumulate if you have no use for the rewards! At the same time, it doesn’t matter if the rewards are fantastic if you cannot easily accumulate points.

Remember, there are several different types of reward credit cards. Some offer cash back rewards, some can be used to earn airline miles, while others can be used for a variety of specialized rewards such as gift certificates, stereo equipment, clothing, vacations, and even cars. Therefore, make sure to research your options to find the type of reward credit card that will provide you with the most useful rewards for you.

Reward Credit Card Benefits

Nearly all credit cards have benefits, the same is true of reward credit cards. In addition to the rewards programs they offer, they may also have benefits such as purchase protection, extended warranty coverage, travel insurance, auto rental insurance, and lost luggage insurance. After narrowing down your choices in accordance to your spending habits and lifestyle, make you final decision based on the extra perks offered by the card. Again, select those that are best suited to your needs and that you are most likely to be able to get use from.

The Great Things About Reward Credit Cards

How the reward system works is quite simple. Each time you use your credit card, you earn a reward or bonus point.
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It has always been practical for people never to bring a huge amount of cash with them when they’re going out and they’re not completely sure that it will be a safe journey all the way. And that’s why such items as checks, ATM cards and of course, credit cards, were created. If and when you have the misfortune to lose any of them, all you have to do is call your bank, inform them of what happened and that’s it! Your money is still safe and sound.

Also, because there are just so many wonderful things that one can buy in the most unexpected places and it would be nice to feel that wherever you go, you’ve got the full value of your bank balance with you. If it’s in cash, that would be terribly impractical. But if it comes in the form of a credit card, well, then, now you’re talking!

There are a lot of advantages one can experience when having a credit card of your own but this time, we’ll only concentrate on one particular kind of credit card: the reward type. What are the great things that one can experience with a reward credit card? Is there a bad side to owning a reward credit card? These questions shall be hopefully answered successfully in the succeeding paragraphs.

The Great Things about Reward Credit Cards:
How the reward system works is quite simple. Each time you use your credit card, you earn a reward or bonus point. The higher the purchase value of the item you bought using your credit card, the more reward or bonus points you receive. Simple, isn’t it?

Now, these reward or bonus points – the term used for this depends on your credit card company but its meaning is basically the same – may have an equivalent value in cash or, when accumulated, can be used to win free stuff for you.

For example, a free Gucci bag, according to the rules of the reward system of your credit card, is equivalent to one thousand bonus points. Each reward point, on the other hand, has an equivalent value of $10. That means, for every $10 you consume in your credit card spending limit, you earn one bonus point.

There’s more. Because credit card companies profit from your credit card usage, you’ll notice that each year, the list of items available in exchange of reward points is getting longer, better and more varied. In fact, the sky’s the limit to what you can gain for free just by using your reward credit card!

So what are you waiting for? Grab an application form and you just might be in time for the spring sale!

Reward Cards: What To Look For And What To Avoid

In the old days, reward credit cards were primarily cards that would earn you airline miles. Those cards still exist, and are quite popular, but now you can earn everything from a new iPod to tickets to Disneyland.

It all sounds quite impressive – you use your credit card as you would any other card, but each time you use it you are earning “points” toward your chosen reward, whatever it may be. These cards can be a real boon to your vacation, your Christmas shopping, and …
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In the old days, reward credit cards were primarily cards that would earn you airline miles. Those cards still exist, and are quite popular, but now you can earn everything from a new iPod to tickets to Disneyland.

It all sounds quite impressive – you use your credit card as you would any other card, but each time you use it you are earning “points” toward your chosen reward, whatever it may be. These cards can be a real boon to your vacation, your Christmas shopping, and perhaps even your clothes closet. But there are some things to be aware of, to be on the lookout for and to careful of.

Not all rewards cards are created equal. That is, some have restrictions that might result in you deriving little benefit from the card. Let’s look at some crucial considerations you should make when choosing a rewards card.

First, consider why you want a rewards card. Do you want to earn airline miles? Gift certificates at certain stores? Whatever it is, make sure the card offers the right type of reward for your needs. If you choose an airline card, but that airline only offers limited flights from your local airport, you should find an airline card with which you can really maximize any benefits you get.

Likewise, if you find a card that offers double points on purchase like gas and groceries, but you use your card primarily for purchases of travel and clothing, you won’t earn as many points.

The lesson here: Read the fine print so you can get the best bang for your rewards credit card buck.

Second, always read the fine print before you sign up. It might sound like it’s easy to earn rewards but you might find that with most cards points are not matched dollar for dollar. That is, if you spend $100, you don’t necessarily earn 100 points (or miles, or whatever your card rewards you with). You might earn 500 points for every $1,000 in purchases. If your card rewards you with gift certificates at a favorite store, you might have to spend $1,000 to earn a $10 credit.

The lesson here: This lesson is the same as our last one, which is read the fine print and, in this case, do a little math. With the fine print at your fingertips, do the math to figure out if this is a good deal for you. Will you spend enough money each quarter or year to earn satisfactory rewards?

Third, use the card as often as you can. Of course, you don’t want your balance revolving from one month to the next, but charge everything you would normally use cash for. If you know you’ll pay the balance each month, then it makes sense to pay for everything with your rewards credit card – you’ll be surprised how quickly your rewards will grow when you use the card for everything from gas to groceries to movie tickets. And don’t forget recurring charges – like your satellite or cable television service, your utilities, and the like. If you can use a credit card to pay for these services, do.

The lesson here: If you are careful with credit, you can earn your rewards quickly by remembering to use your card for a multitude of purchases.

Finally, don’t lose your rewards. Pay attention to expiration dates (or blackout dates) or anything else that might affect when and how you can use your rewards. It would be a shame to be diligent in earning the rewards only to lose them because you didn’t pay attention to that bit of fine print.

Details Of The Speedway Reward Card Application

The Speedway Reward Card is for those applicants who have very good credit and make purchases frequently at Speedway SuperAmerica stores.
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The Speedway Reward Card is for those applicants who have very good credit and make purchases frequently at Speedway SuperAmerica stores. With this program, a 1% rebate is earned on all general purchases, and a 4% rebate is earned for purchases that are made at Speedway SuperAmerica stores. During the first sixty days purchases at Speedway SuperAmerica stores will earn an 8% rebate. All rebates are applied directly to the cardholder’s account and can be used to purchase free gasoline. There is no annual limit to the amount of rebates that can be earned, but any unused rebates expire after a year.

The Speedway Reward Card has an introductory rate of 0% that applies to both purchases and balance transfers for up six months with no annual fee based on the applicant’s credit history. After the introductory period, purchases are charged at a rate of 17.99% variable and cash advances 23.99% variable based on the Prime Rate. The card carries a 3% balance transfer fee with a minimum of $5 up to a maximum of $75 and a cash advance fee of 3% with a minimum of $10. The balance transfer fee may be reduced or waived at Chase’s discretion. Finance charges are calculated on a two-cycle average daily balance formula.

The Speedway Reward Card provides the most benefits for those who qualify for the lowest rate, plans to pay in full after the introductory rate expires, and will use the card frequently to make purchases at Speedway SuperAmerica stores.

The benefits a cardholder can derive from this card include the following:

• Online access to account information

• Reporting of lost and stolen cards

• Emergency cash and card replacement

• Emergency assistance and travel related services

• Financial statement at year’s end upon request

• Extended warranty for purchases made with the card

• Purchase protection

• Roadside assistance

• Travel accident insurance up to $500,000

• Insurance for rental car

• Lost luggage insurance up to $3,000

• No liability to the cardholder for unauthorized transactions

Are You Earning big time reward points from Australian Credit Cards?

There are different ways of earning rewards from credit cards nowadays. The different kinds of rewards offered by credit card companies are cash back, discount/entertainment coupons and flyer miles.
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As more and more people turn to using credit cards as the standard mode of payment as opposed to the traditional cash or cheque options, credit card companies are stepping over each other to capture a significant share of this part of the money market. While earlier , one had to pay hefty fees for owning a credit card, an yearly one for using it , and then of course the high interest that had to be paid up in case of late payments, today, many of these have been scrapped as credit card companies bend over backwards to acquire and retain their customers. One of the main features highlighting these changes is the emergence of Reward Credit Cards in the market. Earning rewards from credit cards has become the norm of the day as almost 60 cash back on purchases but this goes up to 5% depending upon scheme to scheme. The cash back is generally paid off at the end of the year in the form of a cheque. This is one of the most preferred ways of earning rewards from credit cards.

Reward Schemes: The consumer can accumulate points based on credit card usage. The more the usage, the more the points which can be accumulated and then used for earning rewards from the credit card. Most companies offer rewards in the form of redeemable gift or discount coupons of certain stores, entertainment coupons for meals or shows or free or discounted gasoline at select stations. Earning rewards from credit cards is the most popular rewards scheme.

Flyer Miles Schemes: Getting flyer miles is another method of earning rewards from credit cards. These schemes let the user accumulate flyer miles which become redeemable for air tickets once a certain amount of points /flyer miles are accumulated. Flyer miles are rewarded based on amount spent through the credit card over a certain period of time. This is the best credit card reward for business men who need to travel frequently, since it is only large spenders who can accumulate enough points to get any significant flyer miles.

While earning rewards from credit cards seems very tempting at first, some points do need to be kept in mind for getting the best out of credit card rewards. First of all, make sure that the card does not carry an annual fee. Secondly, earning rewards from credit cards are profitable only for people who do not let any interest charges accumulate on their cards by paying off their monthly balances on time as interest rates on these cards are higher than average.

Choosing Your Reward Card

When you are in the peddle for a exceeding presume card, the temperament you have to heap from may delineate you to the card. Low upset rates and the types of rewards you can get, are what draw many to reward credit cards. Those of you who have good credit, will more than likely be able to get reward cards that boast 0% APR. This does have an introductory period, normally 1 year, that goes along with your new reward card.

You?ll further ravenousness to think about the reco…
Choosing Your Reward Card
When you are in the peddle for a exceeding presume card, the temperament you have to heap from may delineate you to the card. Low upset rates and the types of rewards you can get, are what draw many to reward credit cards. Those of you who have good credit, will more than likely be able to get reward cards that boast 0% APR. This does have an introductory period, normally 1 year, that goes along with your new reward card.

You?ll further ravenousness to think about the record of place that blessing fits your lifestyle. The surmise card field is very competitive, meaning that you always have a lot of offers to choose from. Reward cards and becoming very popular, with more and more coming out all the time. If you look for your reward credit card on the Internet, you?ll be able to compare hundreds and hundreds of offers – and decide which one is indeed the best for you.

Those of you who look into on a habitual basis, may gem habitual fling contribution cards to be radically beneficial. These credit cards will accumulate either points or miles for every dollar that you spend. You can then use the accumulated points or miles and redeem them for airline travel, hotel reservations, car rentals, and even cruises. These credit cards can also help you with discounts as well, which can make a vacation or business trip more affordable than ever.

If you be pleased to resources your ponderous balance at the complete of every month, thus you may bargain a benefit credit card with a cash back feature to be the most enticing. There are some cards that offer cash rewards of up to 5%, which can equal quite a bit at the end of the year. All you need to do with cash back reward credit cards is make a purchase, and you?ll get money back for everything you buy.

Other types of relief believe cards annex discounts on riot purchases, contributions to your resources account, and points that you can be given for choicest items and things of that nature. No matter what your lifestyle may be, you can almost always find a reward credit card that fits your needs and interests. Reward credit cards are great to have, as you can buy the things you need and earn points, flyer miles, and even cash back.

If the serviceable of tributes with your surmise make purchases sounds enticing, you should reconnaissance consequence getting a reward credit card. These cards are great to have, as most include low APR with great reward incentives. They can save you money as well, which is great for those on a budget. With a reward credit card – no matter what you choose you?ll come out a winner.

Gas Reward Cards – An Extra Gallon Can Truly Help

Don’t wait to start amassing your gas rebates. You don’t know when you may need them.
gas rewards
I’d like to share an experience I had a few weeks ago. I was putting gas into my ’92 Eagle Talon at a gas station a couple miles from my home. Perhaps I hadn’t anticipated rising fuel costs, or I wasn’t conscious of my wallet contents, but I filled my car with $32 of regular unleaded, and I only had $30 on me. A mere two dollar oversight.

I did what any typical driver would do in this situation: I began raking beneath my seats for any change I could find. A chipped fingernail, two packets of barbeque sauce and an unopened piece of mail later, I had discovered only 98 cents comprised of mostly pennies with a couple nickels encapsulated in an unknown sticky substance.

I asked the portly station attendant if he could spot me the $1.02 that I lacked. He sized me up while spitting tobacco juice into a Fanta can, and promptly said no. I waited for a kind-hearted customer to arrive that I could beg from, but that proved fruitless after a half hour. Never fill your tank around 3:45 a.m., it’s asking for doom.

‘How could this have been avoided?’ I asked myself while walking the distance back home to retrieve a dollar and two cents. I thought real hard and realized that I wanted two things to change. First, I didn’t want to have to rely on my spotty memory and cash. Second, I wanted to be repaid for this fiasco, I wanted to get a reward to soothe my ruffled feathers.

The answer became simple. I’d seen the ads everywhere, and why I hadn’t done it before was a mystery. A credit card that features cash back on gas purchases. Several companies offer them with a cash back reward of about 5% on any money spent on fuel.

I did the math while attempting a shortcut through a golf course. 5% on my $32 purchase was $1.60. Combined with the sticky change I had mined from beneath my seats, I would have able to pay for the fuel and even thrown in a half gallon of generic iced tea.

I realized shortly after, while walking across the fairway on the scenic and lovely 14th hole, that the rewards aren’t typically instant. This information only had me down for a moment or two, because I realized that if I’d had a gas rewards credit card from the first day I had a car, the cash back I could have amassed over time would have been easily enough to pay for the entire tank. Maybe two.

I got home at 5:54 a.m., pawed through my change jar and took what I needed. A police officer stopped me while I was walking back to the gas station, and was kind enough to give me a ride back. I paid the bill, drove back, immediately went to bed as the sun was rising, and dreamt of fuel-beneficial credit cards and a better pair of shoes.

Credit Cards: Non reward Type vs Reward Type

There are just two basic choices for you – do you want a credit card that offers rewards and one that doesn’t?
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You’ve finally come to that stage in life when you can afford to own a credit card, not as a supplementary cardholder but as the principal cardholder. Finally, you’ve earned the right to have a credit card in your own name and to be able to purchase whatever you want without having to ask anybody else’s permission. But now that that time has come, you find yourself in a quandary – what type of credit card should you apply for?

There are just two basic choices for you – do you want a credit card that offers rewards and one that doesn’t?

The Non Reward Type of Credit Card

These credit cards do not offer you any reward points or bonuses no matter how many times you use their credit cards or how prompt you are when it comes to credit card payments. Instead, this type of credit cards allow you to waive interest charges for a certain period of time or avail of lower interest rates than those offered by reward types of credit cards.

Basically, there are two choices that you’re given when it comes to the non reward type of credit card. The first one would be a credit card that offers 0% APR intro rates. When you get yourself this kind of credit card, you’ll be able to purchase anything without having to worry about contending with high interest rates. But the 0% APR is only applicable for a certain period of time because it’s an introductory offer. Once it’s over, the APR will revert to normal.

The second type of non reward credit card is the low interest ongoing APR credit card. Although it’s not 0%, the interest rate may be lower than what the new APR would be for a credit card with 0% APR intro rates.

The Reward Type of Credit Card

If you don’t find yourself excited with all those low interest rates being offered by non-reward types of credit cards then perhaps you’ll find your heart racing with credit cards offering rewards.

With this type of credit card, the interest charge is usually higher but you really don’t care about that, do you, if it means being able to win a iPod Mini later on, does it? With reward types of credit cards, frequency of use and promptness of payment matter a great deal. There are also a whole variety of rewards being offered so you’re surely be able to choose one that you truly desire.

Guide To Reward Type Credit Cards

Among all types of credit cards, credit cards offering rewards or bonus points are usually the ones with the highest interest rates.
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Among all types of credit cards, credit cards offering rewards or bonus points are usually the ones with the highest interest rates. But if you’re not cash strapped and you’ve got a steady (not to mention abundant) source of income then maybe, this type of credit card is the ideal credit card for you.

The way a credit card offering rewards or bonuses works is quite simple. Each time you use your credit card, you are awarded a point. The number of points you’re awarded depends on the amount of your purchase. You can maximize the use of your credit card if you’re also able to pay off your purchases before it could incur high finance charges. If you don’t, then whatever reward or bonus you’ll be earning later on may just be equal to what you’ve paid the company for in terms of interest charges.

There are different types of rewards that are offered by credit card companies and it is certainly better that you choose one that would suit you best to make you more motivated when it comes to paying promptly. Some credit cards offer travel benefits as rewards. These benefits include but are not limited to free air travel, free hotel stays and rental cars.

On the other hand, there are other credit cards that target shoppers as their primary client. For these people, they offer cash rebates, discounts on their favorite stores as well as free items of their choice. If your credit card is affiliated with a gas company, for example, then naturally one of the rewards that you’ll receive is free gas for your car. This is not a bad bargain at all when you consider the soaring prices for gas.

To save and earn more using your reward type credit card then it’s better to remember that you should only use your reward type credit card for short term or cheap purchases which you can easily pay off before it can incur high interest rates. On the other hand, long term or expensive purchases are better charged to credit cards that do not offer any rewards but have lower ongoing APR.

Secondly, make it a point to shop as much as you can on the stores or brands that are affiliated with your credit card company because it will earn you bonus points that you may not get from other stores.

Lastly, if you’re just planning to get a reward type credit card of your own, do make sure that you get the highest amount of sign up bonus that you can.