Many credit cards today offer reward points that give consumers the flexibility of redeeming them for gift cards, electronics, tools, and even vacations. Every time you spend a dollar on thing like coffee or a donut you will get 1 point. Basically the more your spend the quicker you will earn rewards. Do the reward points expire if you don't use them? How often can you claim the rewards. Some credit cards place restriction on the numbers of points you can redeem. And the points will expire if you don't use them within a certain period of time.
One type of rewards that most of our readers prefer is from credit cards with cash rebates. You will be able to earn 1% on every purchase and up to 5% at certain shopping places. What make them so popular is that you can redeem for cash and use the cash to buy anything you want. Unlike reward points, where you can only redeem for items that you can actually buy at a cheaper price elsewhere, why not get cash and buy something useful.
Another type of reward credit cards offer you exceptional offers on hotels stays. However, they are specifically designed for a brand name hotels or a chain of hotels. If you are a fan of Marriott or Ritz-Carlton hotels worldwide you will earn 3 points for every dollar you spend at any of the 3,300 Marriott locations around the world. Can you still earn rewards if you don't stay at Marriott? Sure. Any other purchase will earn you one point for every dollar. It's a basically a credit card with wide selection of reward options. The fastest way to get free hotel stays to stay at Marriott more often. New card members do have some advantages though. After you make the first purchase using the new hotel reward credit card you will get 30,000 bonus points. Well, the points are meaningless if you don't know what they can do for you. Free 4 nights at category 1 hotel. Depending on the dates you will be stay, they can be worth a lot of money. Other ways to get the free stays is to transfer a balance from another credit card or use the balance checks that come with the new card. To make new card holders even happier you will receive 2 free nights stay e-certificate right always after opening the account. Wait, to sweeten the deal, Marriott offer another free 2 nights stay when the account has been approved. Total of 8 free nights stays - that's on really incredible signing bonus.
Another reward credit card similar to hotel reward cards are for airlines. By signing up a card like Gold Delta SkyMiles Credit Card from American Express will get you exclusive savings like 30,000 bonus miles after you spend $500 in 3 months. For every dollar you spend you will receive 2 miles. Best of all, the miles you earn will never expire. As Gold Delta SkyMiles card member, your first bag check in is free when you use the card to purchase the tickets, including those who travel with you. The only drawback is the $95 annual fee. Hey it's waived for the first year and your mile rewards if greatly exceed the annual fee.