May 30, 2010
As the price of gas rises by the day, many people are looking for new ways to save money on this never-ending expense. Gas reward credit cards are one of the viable ways one can save money on their travel expenses, and there are certainly many to choose from. read more…
April 11, 2010
Instant discounts are a reward system that is increasingly being used by credit cards, particularly those that are tied to brands.
The predominant rewards scheme that is used by credit card companies is to base rewards on a points system. This means that for every dollar spent on a card then there will be a certain amount of rewards points. These rewards are then redeemed against goods that are offered for a certain amount of points. read more…
March 8, 2010
Many auto manufacturers have set up credit cards that are advertised as a way of buying a car on rewards points.
These cards are an example of rewards cards. Rewards cards are a way of building up points for spending in order to redeem them in return for some sort of reward, in this case an automobile. They are usually offered by an automobile manufacturer, although they are backed up by a payment processor such as VISA or MasterCard. read more…
March 7, 2010
Prestige cards go under a number of different names. The most common name for prestige cards are gold cards, but there are also silver, platinum and black cards.
Gold cards were originally a very exclusive, invitation only, card that were only open to card holders with a high salary, a high degree of spending or a large amount of assets. These cards offered a greater number of services than a standard card, with an enhanced rewards program and services such as travel insurance free with the prestige cards. As gold cards became more common the demand for them grew and so credit card providers started to offer them to new customers, with either very low or non existent lower salary limits. read more…
February 21, 2010
Gas cards are cash back credit cards that have extra money coming back for gas purchases.
Cash back cards reward card holders with money when they use the card to buy goods or services. This is because there is a merchant fee on each transaction that is made with a credit card and that is charged to the shop keeper. Credit card providers found that it was in many cases cheaper to share some of this money with consumers rather than spend a lot of money marketing the cards to them. read more…