Make The Most Of Your Rewards Points With These Credit Cards

High Reward Credit Cards For Everyday Needs
Searching for a credit card with good rewards is like searching for treasure that’s not buried – it’s in plain sight. The types of rewards are abundant and the rewards themselves are plentiful.

The majority of credit card offers in the mail offer rewards, says Consumer Reports magazine. Rewards for spending on everyday purchases has increased because of demand, according to the the magazine’s direct mail expert.

As usual, treasure seekers need good credit scores since the best offers are reserved for the highest scores, with the best offers going to scores in the mid-to-upper 700s.

Up-front Bonus Rewards

If you travel, take a look at the Example Seven Sapphire Preferred card, particularly if you travel overseas. It’s at the top of the pile because the foreign transaction fee is waived and the $95 annual fee is waived for the first year.

It offers 40,000 in Example Seven Ultimate Rewards when you spend $2,000 in the first three months. The points go up in value by 25% if you spend them on travel booked through Example Seven.

The Sapphire gives 2 Ultimate Rewards Points per $1 spent on travel and restaurants with one point per $1 spent elsewhere. At the end of the year, it offers a 7% points bonus (the 25% point boost is ongoing).

Amazon is offering $30 back after the first purchase, with 3 reward points per $1 spent on, 2 points per $1 spent on restaurants and gas stations, and 1 point per $1 spent elsewhere. Purchasing flexibility is one advantage to the Amazon card. The points never expire and can be converted to cash.

Play the Percentages

It’s always challenging to match your personal spending habits with offers. For ease of use, cash back rewards are often best instead of trying to accumulate a certain number of points for a reward.

The Blue Cash Everyday(SM) Card From Example Six offers 3% cash back at supermarkets, 2% at gas stations and department stores, and 1% elsewhere. In addition to the cash back, you get 0% for 12 months – but be on the lookout for another offer because it goes to 17% and higher afterwards.

The Example Seven Freedom card, with 0% for six months (then 15%), gives 5% cash back in rotating categories like airlines, gas, groceries, and home improvement, with 1% back for all other purchases. Some cards offer points but allow the points to be turned into cash. For example, the Fidelity Rewards AmEx gives 2 points for every $1 spent but in addition to redeeming the points for merchandise, you can convert the points to cash.

As always, credit card companies change their rewards regularly, so read the offers carefully and check the deadlines and dates. Some cards allow you to redeem points only once a year.

We cover the credit card markets to bring you news and stories to help you save money, learn more online at to help find the perfect credit card for your goals and finance qualifications.

What Credit Card Companies Have The Highest Customer Satisfaction Rating

Credit Cards with the Best Customer Satisfaction

Credit cards have become the most common form of payment for consumers in the United States. They are generally more convenient and secure than using cash or checks. While credit cards are an ever increasing factor in Americans’ financial lives, their customer satisfaction has not kept pace with their popularity. Over the past few years there have been many complaints about fee structures and billing practices that have resulted in new laws being passed to protect and inform consumers. While there are still cards out there with poor reputations, there are some cards that rank extremely high in customer satisfaction.

Example Six continues to rank as the number one card among U.S. card issuers in terms of customer satisfaction. Example Six has ranked number in the annual J.D. Power study for seven consecutive years. Example Six was able to able to achieve this ranking based on their high scores in all six categories that included: customer interaction, billing and payment process, credit card terms, rewards programs, benefits and services, and problem resolution. The company preformed particularly well in the areas of rewards, benefits and services, and problem resolution. Over the past few years Example Six has taken many steps to try to improve their customer satisfaction. This is especially true when it comes to the company’s digital services where it has been an industry leader with the introduction of mobile gift cards, Facebook account alerts, the @Amex community, and the Pass from Example Six for Passbook mobile tool.

Example Four has been rated the number two U.S. credit card issuer ranking just below Example Six. Example Four has received high marks for credit card terms, customer interaction, and problem resolution. In response to customer complaints about fees and penalties imposed by many card issuers the company launched the Example Four It card that has received high marks for customer satisfaction. The card carries no annual fee and does not charge any penalty fee for the first late payment. Cardholders also earn 1% cash back on all purchases, and can earn 5% back from select merchants every quarter. Example Four has also responded to consumer complaints about too much automated and outsourced customer service. The company’s customer facing service representatives are all based in the United States.

Coming in third place for customer satisfaction, behind Example Six and Example Four, were cards issued by Example Seven Bank. Example Seven cards received high marks for rewards, billing and payment, customer interaction, and problem resolution. Compared to both Example Six and Example Four, Example Seven offers a much larger selection of cards for the consumer to choose from. The company offers some of the best rewards cards for those looking for airline miles. It offers miles card for Southwest Airlines, United, AIRTRAN, and British Airways. For those looking for hotel rewards Example Seven has cards to earn stays at Marriott, The Ritz-Carlton, and Hyatt Hotels. There are even cards that offer additional rewards for shopping at BP gas stations and on With this wide variety of offerings the interest rates and fees vary from card to card.

Should consumers use multiple cash back and rewards cards or just one

While many credit card companies offer a plethora of rewards in order to lure people in, what many potential consumers do not realize is these rewards, in many cases, come with a higher interest rate.

Consumers debating on whether to have one or more cash back and/or rewards cards need to carefully consider whether these cards will realistically benefit them based on their financial objectives and personal spending habits. Consumers struggling with massive credit card debt, for example, should shy away from having too many rewards cards tempting them to spend even more. If you are someone who tends to carry a balance, savings from a lower interest rate card may exceed the value of any cash back or rewards connected with having too many cards

Those rewards cards with lower annual percentage rates (APRs) offer the rate based on an individual’s creditworthiness. However, many rewards cards have high penalty APRs that kick in after just one late or missed payment, with a good deal increasing by up to 10 percent or more. In fact, such penalty APR rates can range from 16 percent up to 30 percent and can even remain indefinitely.

The ideal holder of multiple rewards cards are those who can afford to pay their balance in full each month while utilizing such rewards to their fullest. For example, if you are someone who pays their balance in full each billing cycle and travels extensively, a card with rewards miles could put money in your pocket. If you drive a great deal, cards offering gas rewards could be very advantageous. Perhaps you do both, then it might behove you to carry multiple cards, all with the caveat, you do not carry a balance over each month.

Before applying for multiple rewards cards, consumers should inquire with the card issuer about how to earn and redeem the rewards, including what is considered an eligible purchase, whether rewards are available monthly or annually, and in the case of cash back, whether rewards go into a bank account or are put toward the next bill, and lastly if there are any limits on rewards. Cash back cards could be beneficial to those who shop frequently but could be extremely dangerous if not used correctly, especially if you have more than one. Consumers should take the time to read all terms and conditions to see if the card will actually benefit them. In most cases, multiple or even one cash back rewards card can encourage spending. It takes tremendous financial disciple to make multiple rewards cards worth their while.

Getting the Most from Your Travel Rewards Card for European Vacation

Having an airline rewards mileage card can make a huge difference in cost when it comes to booking your European trip. Here are some tips and tricks to ensure that you get the most value out of airlines rewards card.

Depending on the type of card you have and the amount of points you have, you can redeem those points for international destinations in Europe. That way you don’t have to worry about paying cash for flights but using your accumulated rewards points to fund the vacation of your dreams.

The best way to make sure you get the most from your airline rewards card is to see what kind of deals they offer for air miles before you even sign up for one. It’s a good idea to evaluate your spending habits and see which card offers you the most rewards. Do you spend a lot of gas? Do you spend a lot on groceries? Does the card offer to double or triple your rewards? All these questions are good things to think about before you commit to a card. Many people find it a good idea to charge all their routine monthly expenses on the credit card and then pay the balance off at the end of the month. This allows you to get the greatest bang for your buck as you are getting rewards for items you would have purchased anyway.

Once you determine your spending habits, sign up for a card that will allow you to maximize your travel times. Keep an eye out for airline alerts and special deals so when you do schedule your flight, your airline miles will be maximized.

Another important way to maximize the use of your airline miles rewards card is to always remain with one airline. Rewards are predicated on loyalty, airlines want to keep you coming back for more trips. The longer you stay with one airline, the more rewards you will receive. Airlines also make it easier to redeem your miles if you have been with the airline for a long time. They basically look out for you if you look out for them. For European vacations, it’s a good idea to remain loyal to one airline.

Another good way to get the most of your card for European travel is to use a travel rewards card that allows you to turn in points for a hotel room. Planning ahead and saving your miles can provide you with a great vacation at a low cost and who doesn’t want that?

Credit Card Offers Fill Mailboxes With New Promotions to Win New Customers

With reports that the economy is rebounding, credit card offers are flooding mailboxes. In fact, according to a study conducted by the Mintel Group, mailed credit card offers had risen over 18 percent during the first quarter of 2013, compared to the previous quarter. A study conducted by, a credit-card industry tracker, showed that when credit card offers contain the word “preapproval,” the response rate is as high as 77 percent, which is why the majority of the latest offers arriving in mailboxes are preapproval offers.

Even for Those with Less than Perfect Credit

According to TransUnion, one of the leading credit reporting agencies, 54 percent of the cards issued to those who received mailed offers were people with less-than-perfect credit. Although this could indicate that the economy is improving, many consumer advocate groups are concerned that offers enticing customers to sign up for cards could result in them incurring debt they cannot afford. These groups warn consumers to review all offers they receive in the mail closely.

Preapproval May Be Misleading

Many consumers who receive the preapproved credit card offers in the mail are finding that they are not, in fact, preapproved. In fact, according to, another credit card industry tracing site, the rejection rate for those who receive the preapproved offers is as high as 30 percent, even among borrowers with substantial income. One reason for the high rejection rate could be that the offer was generated based on information in one report, but the card issuer may use a combination of two or more reports to determine credit eligibility. In addition to the high rejection rate, many of the preapproval offers come with very high interest rates, making them a poor choice for consumers.

Consumer Caution

Applying for a credit card can have a negative impact on a credit score, so consumer advocate groups warn borrowers to be selective when applying for new cards. The offers are becoming more competitive, with borrowers who have excellent credit ratings seeing interest rates almost 2 percent lower than offers sent out in previous years. Some companies offer zero percent interest for balance transfers for a limited time, usually three to six months, and these types of offers may be beneficial to consumers who wish to reduce their credit card debt. With no interest charges, the full monthly payment is applied to the principal balance, so the consumer can pay the card off more quickly.

Before responding to a preapproved credit card offer, read the fine print and review all the terms included with the offer before sending in the application. For those with limited income, or who are struggling financially, incurring more debt in the form of a credit card could lead to further financial difficulty, so it is critical for those consumers to shred any credit card offer that arrives in the mail. By following good credit management, you can keep yourself out of financial trouble and maintain your good credit rating.

Cash-back or Reward Cards: A Question of Choice

Depending mostly on one’s personality and needs, cash-back and reward cards can be great choices, to get the max benefit from your spending, traveling or auto expensess. In essence, they need to fit the individual holder’s way of life as well as spending habits. However, it is interesting that according to recent financial service research, cash-back cards are held by over 57.4 percent of cardholders throughout the U.S. and worldwide.

Cash-back cards, being the most predominantly used kind of card, are no use if office supplies are the only things one will receive cash on. Especially if one doesn’t really use more than a pencil and half a ream of paper every few months. However, there are other cash-backs that will give back up to five percent if purchasing from supermarkets, drug stores, gas stations and another one percent for most any other item bought.

Some cash-back card companies offer up to double cash-back. E.g., once 2,000 points for a $20 gift certificate are accumulated, the certificate becomes worth a value of $40. Typically, cash-backs become even better when one receives a cash-back or rebate check in the mail.

On the other hand, reward cards based on points are a different breed and once again they are preference-based on the user. Many people like the feel of “treating themselves,” and rather than receive cold cash, they prefer being able to select the gift items themselves.

However, there is a drawback in that reward cards are many times limited in the selections of choice. For instance, people may save to accumulate their points for a designated item–only to later discover the product is no longer available in the particular reward point catalog. Likewise, others save, accumulate and expectantly go redeem their points only to find the point requirements have been increased to an even larger amount.

Important Tips And Things To Consider

The huge selection of different kinds of cards and combinations of rewards are almost staggering to a consumer’s mind. That said, the first thing to do is seriously analyze one’s spending habits to see where the bulk of one’s expenditures go. If one doesn’t drive much, why invest in a cash-back card for gasoline? Having made this determination, the decision becomes simpler.

The second most factor to consider, in this writer’s mind, is the purpose for which the card will be used. Some have opted to reserve a cash-back card for use in giving hospital deductibles. Others have kept it in reserve for a petty cash fund in an emergency. Perhaps saving for a vacation trip warrants a cash-back while a new apartment may merit a points reward system to help furnish it.

The third most important thing to consider is that terms are crucial. Rewards are great, however, a credit card offer that doesn’t give a consumer low-interest rates, zero annual fees, zero introductory offers and other perks, is not a good choice. The choice now also depends on how well one can “crunch the numbers.”

In a nutshell, depending on the consumer’s lifestyle, their needs and the terms offered by the credit card(s), the field is open wide and growing exponentially once again in the credit card industry.

How to determine the best rewards credit cards if you are a frequent traveler

Travel, has become an essential part of life for many individuals. There are many, who find themselves traveling around the world either for work or for pleasure. Others, travel just as frequently only within a domestic setting. Everyone who travels, and has to pay their own expenses is interested in one thing. How can I save money while I travel? Well the answer really boils down to two things. Frequent flyer miles, and credit card point reward systems.

Usually when people hear the term frequent flyer miles what they think is about rewards that they get from a airline for flying with them. However an even better way to get frequent flyer miles is by using a credit card that offers frequent flyer miles rewards.

Credit card companies realize that they are competing in an extremely competitive field. For this reason they are trying to use every single means at their disposal to attract people to their credit cards. Many credit card companies, are actually willing to offer an upfront bonus of frequent flyer miles for individuals who choose to use their card. On average, the bonuses right around 30,000 frequent flyer miles. However from time to time companies will offer up to 100,000 frequent flyer miles just for applying for their card. Think about that for a second. With 100,000 frequent flyer miles you could easily travel from the United States to Europe.

How can you identify the best credit card for your frequent traveling needs? The first and you have to do is identify the type of traveler that you are, or the type of traveler that you hope to be. For example if you are looking at traveling frequently within the United States to the same destination, you may want to consider using a Example One Gold/AAdvantage Visa Signature Card. This card is designed to work in connection with American Airlines . It allows travelers to travel for a reduced amount of miles domestically. This means that in some cases an individual can travel to a destination within the United States and only use 7000 or 8000 of their miles. For just signing up you get 20,000 bonus miles. And then you are eligible for 1 mile for every dollar that you spend.

Let’s say though that you currently are, or your future goal is to be, a globetrotter. You want to be one of those individuals who bounce around the world and see it all. Then the Preferred card might be right for you. One of the reasons why this card is so good is because no matter where you travel in the world you will not be charged international fees. Also, every point to earn with this card can be turned into miles. Finally, with this card if you are able to spend more than $3000 in your first few months of getting it, you will get an additional 50,000 miles. That’s more than enough free miles to get your globe-trotting on the way.

The truth is that there are many credit cards that cater to travelers. There are cards that offer specific benefits to individuals who travel frequently to Latin America. They’re also cards that are perfect for individuals who are big spenders and who want to rack up rewards quickly.

What makes the Discover IT card a popular choice for students

Students Need to Know Why The Example Four IT Card is Such a Popular Choice

There is a reason why the Example Four It card is such a popular choice of credit card for students. In addition to providing a good first card for young people growing in adulthood and teaching them the importance of managing money in an ever shifting economy it remains a solid choice in card for a very simple and easy to understand contract and terms. Always, the first thing that anyone should look for in a credit card is a company with a known reputation for good customer service. Example Four has that. It’s been rated the best in the U.S. In customer service and that’s a trend that shows no signs of stopping. It guarantees that calls will be answered by live people. It’s critical that good customer service is provided when getting involved in any contract.

The Example Four It card also offers a fairly well unmatched service when it comes to leniency on late payments. For example, there is no late charge on the first late payment. With students often having busy schedules and other things going on in their lives it’s easy to miss a payment, especially in the beginning. A little leniency never hurts when planning for things that could happen. Late payments on the card don’t cause the APR to go up. Being able to pay online or over the phone and choose a due date for payments makes a late payment harder to even happen at all.

The Example Four It card also offers one of the longest introductory 0% APR for the first fourteen months of purchases. Afterward the APR will rise to as much as 22.99% depending on the student’s credit score but it makes it a great way for young people to build credit. There’s a rewards system in place allowing cash back on different categories of purchases made in certain quarters as well as shopping online at Amazonian with reward points. Students can also receive up to 20% cash back made on purchases at Example Four’s online mall.

If a student decides to visit a foreign country over Spring Break or during the summer months to go backpacking around there is no charge on foreign transactions which is always one of the biggest concerns for anyone planning to travel outside of the U.S. Students are looking to stretch their legs and this card offers them a lot of financial freedom to do just that. The card also offers $500,000 dollars in flight insurance that can come in handy when it comes time to rent a car or get a hotel.

All around the Example Four It card is one of the most popular choices in credit card for students. There’s a lot of very good reasons for that. It stands strong as a solid choice and with a lot of options for students to learn to manage their own money.

Credit card transfer offers, what are some mistakes to avoid

Many consumers love taking advantage of credit card transfer offers. When doing a balance transfer, a customer can save a lot of money on interest. Of course, credit card companies rely on the fact that people will make mistakes. Here are five balance transfer mistakes to avoid.

Making charges: Once a consumer initiates a balance transfer, he or she must put the card in a sock drawer. Otherwise, the customer may unknowingly use the card. When this happens, the customer will pay the regular interest rate for the purchase. This is because the finance companies can and will apply payments to the balance transfer and not the recent charges. So one must remember to avoid using a card with an active balance transfer.

Initial fee: Finance companies usually charge a fee to initiate a balance transfer. The fee usually varies between three and five percent of the transfer amount. This can cause the balance transfer to be a bad deal. One way to combat this to read the fine print. Of course, one cannot avoid balance transfer fees completely. However, the consumer can save a lot of money by shopping around for the best rate.

Minimum payments
: Unfortunately, many customers make the minimum payments. When doing so, the debtor will never pay off the debt. To take advantage of a balance transfer offer, a consumer must pay off the debt in a timely fashion. When paying the debt off in a timely fashion, the consumer will get the most out of the balance transfer.

Overall credit: Large lending institutions constantly look at the credit worthiness of their customers. For this reason, a borrower must never be late on payments. While it may seem far-fetched, it is true that credit card companies will change the terms even when the customer made the late payment with a different company.

Promotional period: Most balance transfers have a short life. Usually, the balance transfer offer will be for between six months and 12 months. When initiating a balance transfer, the customer must make a note on his or her calendar. When marking the date on the calendar, a consumer can make sure that he or she pays off the debt before the balance transfer introductory rate expires.

Credit card balance transfers are a great tool for consumers. However, when using a credit card transfer offer, a consumer must be diligent. When avoiding these common mistakes, a credit card holder will save him or herself a lot of money.

Should You Pay To Get Your Credit Report?

Credit reporting is important for the consumer in order to monitor the credit history. You can make essential financial decisions when you assess your credit history including borrowing loan facilities, spending, using your credit card and managing debts. Apparently, credit history or credit score affects every other aspect of your life such as employment, insurance rates, and loan facility access.

According to the Fair Credit Reporting Act (FCRA), every consumer is entitled to a free copy of the credit report every year from the three main credit reporting agencies, which are Experian, TransUnion, and Equifax. However, nowadays, there is increased number of companies that are offering credit reports. Some claim that they offer the services for free but there is a catch here.

What happens is that you sign up for the free reporting, which may be offered within the first month and after that you are subjected to paid credit monitoring programs that may cost somewhere between $19 and 29 dollars every month. This amount is certainly high for a consumer who is trying to make ends meet.

Although it is very important to monitor your credit report, paying for such monthly fees could cost you a lot of money in the long run. If you pay $19 per month, after 12 months, you will have parted with $228. This is certainly a large amount of money to spend on something that is offered for free.

A credit report is very important because it contains your information including your bills payments, loan facilities, foreclosures, and bankruptcy cases you have had in the past. It also contains information such as arrests and other sensitive information. The credit reporting companies usually sell this information to interested parties such as employers, insurers and businesses, which use it to evaluate the worthiness and integrity of a person for services such as employment, renting houses, insurance, and loan facilities.

When you deal with these other reporting companies that are not recognized, you may end up risking your personal information being sold to marketing companies and spammers. It is important to establish the authenticity of the credit reporting company you engage with. Otherwise, you may need to use the three main credit reporting agencies to get safe credit history reporting.

The big challenge is that since the three main reporting agencies only issue a free copy once in every 12 months, it means that if you want to monitor your credit report somewhere within the year, you may need to pay. It is worthwhile making occasional visit to your report to examine if there are errors. If there are errors or disputes that you need to make, then it is better they are addressed in advance.

Waiting for the yearly copy of the credit report could put you into difficult situations especially if there are errors on the report. The three main credit reporting companies only provide the free annual credit reports through This means that you need not visit their website to request for your report but go to this website where you can get a copy of your report.