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Since you probably already use credit cards for pretty much everything you purchase, it just makes more sense to utilize a credit card that will reward you for utilizing it. But since rewards can vary a lot from company to company, it is good to make certain that you are getting the kind associated with bonuses and rewards that will be most beneficial over time. For instance you might have an incentive card that offers frequent flier kilometers, but if you only fly a couple of times a year, you would be better off having a different kind of credit card. Here are 5 kinds of rewards credit cards, so you can easily see which one is right for a person. 1. The Cash Rebate CardThis has become the most common type of rewards greeting card. From the purchases you make you're going to get cash back into your account. Usually this is as a check but often can be applied to your balance for those who have one. Now with the cash back rewards credit cards you want to see what the percentag
e will end up being. Some go as high as 5%, but often this rate will decrease with time, so you want to see exactly how high the rate is and just how long it will last. 2. Frequent Flyer CardsFor the avid traveler who is always on the run this type of rewards card is excellent. Traveling costs can always be crazy so this assists a great deal. Every time you use your card to create a purchase you are also earning points towards the next trip in the airplane. I possess a friend who is constantly flying free of charge because of his frequent flyer card and also the purchases he makes with it. 3. Point Rewards CardsThe point rewards credit cards could be a little tricky. I am not big on all of them but some people use them constantly and find them very useful. Having a point reward card you will earn points for making use of your credit card, and these points could be redeemed for merchandise at your preferred store, gift cards, or even cash return. When I had one of these I'd u
se it to redeem the points for any gas card, so in essence it was a lot like a gas rewards credit card personally. 4. Gasoline Rewards Credit CardsI think everyone should a minimum of have one credit card with gas rewards onto it. Especially with gas prices going insane, this credit card will help ease the pain in the pump a little. I received 5% cash return every time I used my charge card to buy gasoline. This savings can be huge over time because a 5% drop in the buying price of gasoline makes a gas station promoting gas for $3. 50 gallon really make the cost $3. 33 per gallon. Now if you saw a gas station next door that was almost 20 cents cheaper per gallon I am certain you would go there instead. 5. Hotel Rewards CardsAgain a rewards charge card for the busy traveler, the hotel rewards charge card can help give you huge savings in your lodging expenses. Most of these expenses might be tax write-offs anyway, but it nevertheless saves you money. Usually these cards coupl
e hotel rewards with airline mile rewards which means you get both with one card. My dad uses one of these simple and stays for free in hotels constantly.






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View this post on my blog: http://creditcard.valuegov.com/5-kinds-of-rewards-to-look-for-in-credit-card-reward-offers/
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