Monday, August 18, 2008

Several Credit Card Companies Today Are Offering Their Customers Credit Card Rewards For Being Loyal Customers

Category: Finance, Credit.

Several credit card companies today are offering their customers credit card rewards for being loyal customers.



These incentives are great ways to keep customers loyal and using their rewards credit card to earn more points to receive their prizes faster. This gives the cardholder the chance to earn points to gain all kinds of prizes. The more points you earn the more you can receive in the way of prizes they offer. There are many different types of rewards credit cards available. The credit card companies understand that when their loyal customers use their cards more often they are also making more profit, so the system works for everyone involved. Some offer cash back, which gives the cardholder a certain percentage back from the amount that they spend. This can be a great way for person that do not wish to earn points for prizes but would enjoy the cash to spend anyway they desire.


This is normally done either monthly or yearly. Other credit card rewards are in either a point system or air miles. These points or air miles can then be transferred into free airline tickets, and car rentals, hotel accommodations. These types of credit card rewards give you a certain amount of points or air miles for every dollar or two dollars that you charge with your rewards credit card. However, these are more for people that fly often. There are some other forms of prizes as well for credit card rewards such as gasoline purchases, etc.


The miles normally expire within one year, so if you do not fly but once or twice a year the benefit will not be profitable. To get the most from your credit card rewards you have to, use them, of course. Credit card companies cannot believe the amount of people that never receive their prizes after accumulating enough points to reap the rewards. Many people never redeem their points for their rewards. The important thing to remember is if you are not holding a cash back credit card you will have to contact the credit card company that issued the credit card, so you can claim your rewards. However, if you pay attention and just spend a little bit of time you will soon be enjoying the prizes that you can claim with credit card rewards. The problem is many people just do not take out the time from their busy life to redeem their points from their rewards credit card program.


All you have to do is to use your card instead of using cash, pay off your balance before you have to pay interest and you will be earning points. Quit being one of those people that just forget about their credit card rewards and contact the company once you have enough points for the prize that you wish. Now, you are very close to receiving a wonderful thank you from the credit card company. You may have enough air miles accumulated to take the entire family on a great vacation and not have to pay for airline tickets!

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