There are so many different rewards credit cards out on the market today that it can be difficult to know which one is the best one for you. There are tons of different business partners, free perks, and even sign-up bonuses that can be earned.
The choices are so extensive at times that it can be confusing, if not downright frustrating! If you’re looking for the best points rewards credit cards, here are the secrets you need to know right now.
What Do You Need In a Credit Card?
The first step that must be considered is what you specifically need to have for rewards. Are you looking to supplement your travel budget? Want some fast cash back? How about a VIP experience in a supersonic jet? If you can dream it up, there’s a rewards credit card that can provide you what you want. Determine what that is and you’ll be able to find the credit card that best meets all of your needs.
It is important to remember that you don’t have to just choose one rewards card. If a combination of two or even three rewards cards can cover your needs, then it might be worthwhile to apply for all three of them! This way you can always maximize your rewards based on what your particular needs happen to be and always get a return.
Watch Out For Co-op Credit Cards
Some of the best points rewards credit cards are associated with specific brands and will only earn rewards if you spend money while using their specific products or services. If you stay at specific hotels all of the time, eat at specific restaurants, or shop at specific stores routinely, then these rewards cards can provide a large benefit – but only at those co-op providers.
Even if you can use co-op credit cards effectively, it is important to look at the details of the rewards program before signing up. Some of the best points rewards credit cards still only allow you to fly during off times or use products or services on a specific day.
Find Programs That Let You Transfer Points
The one secret that many lenders don’t want you to know is that they will often allow you to transfer points to different rewards. It is often buried in the terms and conditions of the rewards program, so make sure to read those terms carefully before finalizing your application. Some of the best programs also charge an annual fee, however, so it is important to make sure that you can earn enough points to make up for whatever the fee may be.
Transferring points is also important if you’re planning on international travel. Some programs will charge a percentage of the points as a currency conversion fee and that can rob you of the rewards that you were planning on earning.
The best points rewards credit cards can help you achieve a lot, but only if you know their secrets! Use this advice today and you’ll be able to get the best value possible out of your next rewards card.