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 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. Lets 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,...
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