Finance Credit Cards

3 Most Popular Types Of Credit Cards Rewards

Published at 04/01/2012 01:24:25

Introduction

The world is moving towards the implementation of cashless economic policies. The policies embrace the use of credit card to make payments for all goods and services. Only very little or no physical cash is carried about. It is allowed for one person to own as many credit cards as possible. You can have one for furniture and electronics and another one for consumables. The use of credit cards rewards is a great way to recover some percentage of your expenses. This brings out the best in the credit cards. It also makes the cards highly competitive. There are some tips to consider when selecting the credit cards. These are the rewards featured; the APR, fees/charges, customer support and other key features. The tips are very important. This is because there are many rewards cards that offer credit cards rewards. However this article will discuss the 3 most popular types of credit cards rewards.

History

Many people embrace the use of the Costco American Express TrueEarnings Cards. These people make purchases using the card to receive value for their money. People become members because of the credit cards rewards offered. The Costco American Cards provides cash back for almost all purchases made using the card. If you desire to get additional bonus or benefit, then you have to subscribe to the Costco Cards. Members of the Costco Cards enjoy some credit cards rewards. Members are exempted from anything like annual fees. Members will also get a guaranteed cash back of 1% on all purchases made using Costco Cards. You do not need to have a membership card. Your Costco Cards will serve the same purpose. Members receive 2% on travel ticket purchase, 3% cash back for restaurants; while other purchases get 1% cash back each.

Some people express their interest in the Chase Freedom Card. Chase Card offers credit cards rewards of 5% cash back depending on your purchase category. You will need to enroll in every quarter to get the 5% cash back when using Chase Freedom Card. The processes to enroll are just few clicks away. It is very simple to do and does not take time. Other purchases made using the card attract credit cards rewards of 1% each. The credit cards rewards are earned as a Chase member accumulates points.

Features

While some people use Costco and Chase cards, others use the Discover More Card. This card offers one of the best credit cards rewards. Members get 5% incentive on the category which changes every month. Also a 1% rebate is given to members on other purchases made using the Discover Card. Members do not necessarily have to wait for 12 calendar months to claim the credit cards rewards.

Tips and comments

Select one or more of the cards and begin to enjoy the rebates on your expenses. Choose from the list of the cards the one that best fit your lifestyle and budget. Study the rebates given by each of the cards and begin right away!

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