The competition among credit card companies is intensifying by the day and in order to beat the competition, card issuers are coming up with new offers and incentives to entice customers each and every day. Reward credit cards have gradually evolved in this race for survival among credit card issuers and banks. Why would reward credit cards, which were once issued only to the loyal customers of a credit card company, be promoted and distributed in such large numbers? Well, market conditions have pressured credit card issuers into providing newer more compelling credit card offers, allowing the common man on the street to gain immensely from the newest and best reward credit cards currently available. This article will describe the various types of reward credit cards, features, benefits, tips for use, and things to watch out for maximum advantage.
In essence, reward credit cardholders are entitled to receive rewards based on the points he or she gains through their card purchases over time. The most common types of reward credit cards seen in the marketplace are air miles credit cards and cash back credit cards.
Air miles credit cards provide air miles for each dollar spent using the card and allow the user to redeem the accumulated miles for hotel accommodations, air travel or car rentals. Such offers are especially beneficial for those who are frequent fliers. Cash back credit cards typically give back a set percentage of total purchases as a cash rebate based on the total bill, either monthly or annually.
Who Should Be Using a Reward Credit Card?
Although the credit card companies are undoubtedly aiming to profit from every type of credit card they roll out in the market, one can expect some economic advantages behind the reward credit cards for consumers as well. Reward benefits for cardholders are usually offset by higher interest rates and additional fees and surcharges that exceed what a normal credit card might incur. Reward credit cards are best suited for individuals that can confidently pay off their card balance each and every month so as not to incur finance charges by carrying a balance. The points that you earn from your purchases can be built up progressively but are better suited to individuals or businesses that use their cards often and are probably not best for those who use credit cards very sparsely primarily because by the time the cardholder builds up enough points for a viable reward redemption, many times, the expiration date on those points will have already expired.
Tips for Use
So if you do plan on acquiring a reward credit card, to get the most out of the card, you should try to use it extensively, including virtually every bill you pay, including electricity and gas bills, phone service expenses, weekly grocery shopping, and internet and cable TV, etc. If you are financially sound enough to make the repayments in time, there are even some reward credit cards that will allow you to charge your mortgage or rent payment on your card.
Also, it is a good idea to apply for an add-on card for your spouse and distribute the spending on both. This way the customer could gain more bonus points for the same expenditure and hence better rewards.
To sum it up, the trick is quite simple, use your reward credit card as often as possible (well within your repayment ability, of course), always pay off the card balance at the end of each month, and reap the reward benefits.
Finally, before concluding, a word of advice; prior to applying for a reward credit card, do a bit of research to see which companies are offering the best reward credit cards and which among them is the most advantageous for your personal situation. The Internet provides a wealth of information on various card types and offers so be sure to utilize the information available online. A little bit of homework will make all the difference in your reward credit cards selection.
Corporate travel services should be chosen with great care. Engaging the right limousine company to provide corporate travel services is vital to the success of a business.
Important points to consider while making a decision are the ability of the company to adjust to the needs of the business engaging their service, the companies experience in the needed area, and the availability of the company to take care of even the minutest of details.
Creativity is essential for providing corporate travel services to clients that have unique needs or accommodation requests. If a business needs to engage someone to facilitate the performance of an animal show in Tibet, they will need an innovative team working for them to see that the event is successful. When setting up overseas conferences or events, a team of professionals assisting in the varied details that come with dealing with overseas governments and cultures is essential to its success. Sometimes the details can be tricky and require creative solutions where cross-cultural relations are concerned.
Hand-in-hand with the need for creative solutions is the benefit of corporate travel services that are familiar with the area where the event or meeting is taking place. Companies with knowledge and experience can help avoid annual festivals and local events that may make putting on the business’ event difficult. A good limo company can meet this need for complex logistics with enthusiasm and ingenuity.
This attention to detail can help insure a good return on the company’s investment in the event or meeting. Proper management of these details leads to profitable future working relationships between the travel service and the limousine company engaging them.
We understand that professional people are workaholic. Perhaps, one of the most popular are travel bags and briefcases. For corporates in particular, you can find travel bags with touch of class and elegance. Both local and online stores made these travel accessories available with different range of prices. The impact of each year’s trend for travel bags made difference for those people who are always on the. There are other great choices of travel bags that can fit in professionals taste.
One of today’s hottest trend for traveler’s bags are those that were made personalized. Just like any ordinary choices, personalized travel bags come in different variety. Personalized gifts for travelers especially for corporates can make a one of a kind accessory during traveling. There are other choices for personalized travel bags intended not only for business trips, like a Personalized Duffle Bag, Personalized Golf Trunk Organizer and Personalized Slum Dank Duffle Bag for those professional travelers who are sports enthusiast. While a Personalized Picnic Blanket Tote, Personalized Grill Combo Outdoor Kit and a Personalized Barbecue Cooler Kit for those professionals who are always enjoying their weekend with personal family getaway.
Other travel gears you may consider are travel belt, shirts and pants, coat and jackets, cosmetic and grooming kits, and more. You may find them more adorable if they were made personalized perfect to give as gifts during celebration like weddings, these items could be best man gift ideas or perhaps gifts for ushers. So, why not give such cool and unique gifts for professional traveler’s?
Great deals on credit cards are available now at your nearest credit card dealer – or in your mailbox. The time for getting a really useful card can now be obtained. Because of competition, the credit card companies have now decided to give something back in exchange for your payments – on a rewards credit card, and the incentives can be rather attractive. Just about anything goes – from cash back, air miles, or office equipment for your business. Let’s take a quick look to see what are some of the possibilities, and a couple of tips on how to choose the very best rewards credit card for you.
Rewards credit cards are offered by just about every credit card company now – simply because they see that it really draws people to their deals. The benefits now, in a day when the prices at the gas pump are really being felt, can be especially appealing. The rewards are usually based on two things: when you make your first purchase, and depending on the amount of purchases made within a specified period of time.
What Are Some Possible Rewards For Signing Up?
Some are saying that the amounts and types of rewards is only going to get better. The primary reason – the competition between credit card companies is pretty stiff right now, so it may actually be a little tough to decide which one is the best rewards credit card for you. Various offers today include:
Some cards may offer as much as 5% back on your purchases. This may go up in the near future. This percentage rate may be limited to purchases for food, medicines, and gas. Another rewards card that gives cash back is for the professional. One card gives around 3% for purchases made on restaurants, gas, office supplies, and car rentals.
Airline travel cards can give rewards up to 20,000 air miles on your first purchase. Great for those who use the airline industry frequently.
Some of your better cards might give you up to 10,000 points on your first purchase. This is equivalent to a check for $100.00. Conditions apply.
On sign-up, some cards may give you a free night at a hotel, and then points toward free stays are earned by whatever you purchase through your card. A great feature for someone who travels a lot and stays in better hotels frequently.
A number of rewards credit cards are available for students. Rewards are given in the way of either cash back, or points on most cards, and comes from purchases made on food, medicines, and gas.
New Car Reward
One card will allow you to put your points toward the purchase of a new or used car. Might be just the card you need if you use your vehicle for business.
Some business rewards credit cards will give office equipment as a reward for your business purchases. Could be a great way to help defray office expenses.
What Are Some Other Things To Look For?
Be sure to check the standard features of the card, before you sign on the dotted line. Remember that rewards offers are simply incentives to get you to get their card. Be sure to look at the following standard features of the card, and not just the highlights. Don’t forget that it is often the details that might take away some of the same benefits, and make them actually less than what they first seem to be. Here are a couple of things to look at when getting that best rewards credit card.
The interest rate of the card
The conditions under which you can receive the benefits
The time that the benefits are available (Do they have to be redeemed within 60 days?, etc.)
Type of credit rating you need
Balance transfer options
Length of time for introductory offer
Finally, when choosing your best rewards credit cards, be sure that you compare the benefits of one with other similar cards. One may be miles ahead of the other, which could mean many more benefits for you.
Rewards credit cards reward cardholders for using the card. In essence, the issuer offers you a financial incentive to buy and use them. The incentive is offered in terms of rebates, store discounts, points that can be redeemed for specific purposes and airline flyer miles.
Choosing the rewards credit card that offers the rewards best suited to your needs is using your credit and your finances optimally.
Frequent Flyer Miles
It makes good sense for frequent air travelers to use a reward credit card that offers frequent flyer miles as a reward. These credit cards offer you points based on the amount of money you spend and the amount of airline miles you may purchase using that card. The best rewards credit cards offer you bonus points after initial purchases. If you have good credit, you can easily get a rewards credit card with a 0% introductory APR.
Cash Back Rewards
Cash back rewards give you bonus cash each time you use the rewards credit card at supermarkets, gas stations, etc. That way your rewards credit card gives you the option to spend the money as you please. The best rewards credit cards give up to 5% cash back and a 0% APR for up to 12 months. And to qualify for this type of card offer, you’ll need to have pretty good credit.
Some rewards credit cards give you the benefit of choice. You can choose either frequent flyer miles or cash back depending on your preference.
The very best rewards credit cards give you up to 6% back on purchases and gas rebates. But those offers are few and far between. Very good travel insurance, accident insurance and auto rental insurance are some of the other perks you can expect.
Entertainment Focused Rewards Credit Cards
Some credit cards cater to people who frequent movie halls, restaurants and generally go out a lot. Special offers and promotions are also offered to the owners of these rewards credit cards. Backstage passes, free music downloads and guest benefits are only some of the ways owners of this type of rewards credit card will benefit.
When applying for rewards credit cards remember that the best rewards credit cards are unique for each individual. Remember to take into account carrying costs of the card as well as details like the method of calculating interest. With the right homework and the right rewards credit card you may find yourself being able to take that perfect vacation…