To some of us, having a credit card is really convenient because we can purchase whatever we want to buy. One of the perks of having a credit card is the rewards that they give to their beloved loyal customers. Let us all admit it. We get credit card because of the rewards! Every company that offers credit cards has different rewards that you can get from them. Depending also on the amount that you purchase, that is the basis of so called cash back and reward points. Each and every company has its ways and sometimes they are giving away prizes when you spend a total of $1000 in just 3 months depending on the company that you applied for.
A little advice, do not be tempted to spend and spend more that what you can actually afford. Some people can’t control how to use credit cards and that is the number one cause of your debts. Even though there is no cash involved when using your credit card, you must be aware and be frugal at all times. For today’s topic, we are going to tackle about the best rewards you could possibly get for credit cards. Are you excited for this topic as much as I do? Okay, stop with the chit chat and let us start off with our lists!
- Flights – Yes! Our all time favorite rewards of all! What I love about booking a flight using my credit card is that the points that you can get when you book one. Even though you book a round trip ticket, the points they give you is per flight. The minimum cash back they offer is 2% of what you spent. One of the wonderful rewards I received is that they gave me a round trip ticket for my entire family of 5 because I was loyal to them and have been with their company for a decade now.
- Cash Back – Every month we pay for our credit card bills. But the good thing about it is that you get a minimum of $100 worth of rewards every month and that is a big help to us. There are so many ways that you can this reward. It can be through groceries, restaurants and even when you purchase anything in the department stores. You are indeed lucky if they offer you 10% cash back for a specific item that you are going to buy. But most of the cash back with bigger percentage only applies when you buy big appliances. But hey, who knows?
- Signup Bonus – This is probably one of the best rewards you could ever receive! Signup bonuses can offer you up to $1000 worth or free flights, free hotel rooms and so much more. There are top companies who offer a signup bonuses and all you have to do is do a little research and might as well if you like the bonus, you are going to get a credit card someday.
- Chase Amazon Rewards – The Amazon Rewards by Chase has 3 types of cash back that you can use even though you will not purchase in Amazon. 3% can be earned from Amazon and Whole foods market. 2% can be earned in restaurants, gas stations and drugstores. 1% back on all other purchases. How amazing is that? They also have an option for Amazon Prime Rewards Visa Signature Card with 5% back in Amazon and whole foods market with an eligible Prime membership. It is up to you now!
- Discounts – It applies to all major credit cards. You will get a specific and amount of discount when you purchase using your credit card. Not only you will get discounts but you will also get 1% cash back to all items that you purchase and it is also applicable in restaurants too!
- Loyalty Rewards – From the word Loyal itself, they want their loyal customers to stay loyal to them by giving them rewards like free flights to wherever they want to go. Free hotel rooms for 2 nights and sometimes they will not charge you a month of use for the credit card. That is one of their rewards for all their loyal customers. It may sound impossible but it is true. Being loyal to a certain company is hard especially when the other company offer a way better reward than your current credit card company offers you.
These are the rewards that most of the credit card holders might receive if they own one. Are you not tempted to get one? If you are planning to have one, make sure you are still in control of your expenses. Do not let the expenses control you. Stay away from temptation that will allow you to use and swipe your credit card. Living a debt free life is the best life that a person wishes.
Having a credit card has a very huge advantage and it also has a very great impact to a person if they don’t use it wisely. My advice is that consult some experts before applying one. Below are the best credit cards that give amazing rewards and freebies to their loyal customers.
- Chase
- USAA
- Barclays Arrival
- American Express
- Discover
- Citibank
- Capital One
- Bank of America
- Wells Fargo
- US Bank
Choose wisely guys and always remember to spend it well! Before you decide, ask all the possible questions that you want to ask to avoid complications in the future. Ask for its advantage and disadvantages when you get one. We all know that owning our very own credit card is a somehow a dream come true but to other people, it is just an additional commitment to pay every single month to avoid huge debts. Frugal people prefer to pay cash rather than swiping because sometimes swiping credit card will make you feel good and you don’t want to stop using it and we don’t want that to happen to you. Did we miss something? Please let us know with your comments below!
