One of the latest and hottest trends with credit cards these days is all the new and varied rewards programs companies offer. These rewards programs are growing in popularity, and surveys and statistics show that rewards programs affect peoples decisions about which credit card or cards they choose to apply for, as well as which one of their existing cards they use for a particular purchase.
However, one prevalent problem with credit card rewards programs is that many consumers and cardholders that are a part of these programs often dont redeem their accumulated points, for various reasons, such as forgetting, not wanting to bother or not knowing how.
Credit card companies offer these rewards programs as a way of promoting their particular credit cards to increase their usage. But when points arent redeemed, there is often less reason to use the card. As a result, credit card companies are encouraged to offer more exciting, alluring, beneficial and practical rewards programs that customers would actually be interested in and want to use more often; as well as better their communication with the finer points and “how-to” of redeeming rewards points, and...
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