Every credit card now has its reward gimmick. This is because despite the downfall of many credit ratings, these companies are still fighting for customers and trying to come out on top. This means that you can’t judge the best credit cards by their reward alone, but rather by what you want to use your rewards for. If you travel a lot, you’ll want skymiles; if you want more flexibility in how you use your rewards, you’ll want points; and if you just want cold hard cash, then cash back. But there is no card that will give it all to you, so don’t bother looking for that. Instead, make sure that the card or cards you do carry will give rewards that you actually use and that you’ll be able to get; for example, if you want cash back, you cannot carry a balance or you’ll lose it all. There are a lot of rewards out there and you want to pick the best ones for you.
August 17, 2010
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