Rewards Credit Cards by MyReviewsNow
About Rewards Credit Cards
Discover, Visa, American Express and MasterCard all offer rewards programs that help consumers earn as they purchase. Rewards credit cards are provided for customers with good to excellent credit. Many credit card companies offer exclusive deals for black card holders which is more exclusive than the platinum card. Each major credit card company will be explored to find the best rewards programs offered.
Visa Black. Consumers with this card will enjoy 24 hour concierge services, an exclusive rewards program, VIP airport lounge access and the chance to redeem luxury gifts with points. This credit card also offers travel and emergency assistance services, baggage delay services, lost luggage reimbursement and auto rental collision damage waiver. With the rewards, consumers earn 1% cash back or points. When the consumer earns 25,000 points, they can purchase an airline ticket up to $500.
The card offers an introductory rate of zero percent for the first 15 billing cycles. After the introductory period, the consumer’s adjusts to 14.99 percent if the consumer has excellent credit. If the consumer misses a payment, the interest rate will be raised to 30.24 percent, and he or she will be assessed a $35 late fee. The annual fee for the primary user is $495. For each additional user, the annual fee is $195. This card is offered in conjunction with Barclays Bank.
American Express. To obtain an American Express Black Card, clients will have to pay a $5000 initiation fee and a $2500 annual fee. The card does offer exclusive benefits, but those people applying should have a significant amount of disposable income. This card is only available to a select few clients with a minimum of $250,000 annual gross income.
The American Express Preferred Rewards Card offers consumers benefits without exorbitant fees. This card has an annual fee of $125, but the fee is waived for the first year of membership. For every dollar that is spent on the card, consumers will earn a point that may be used towards travel or gifts. The card has no pre-set spending limit. Consumers may earn between two times and 10 times more when they shop with an American Express partner. This card will also offer access to airport lounges, roadside assistance, early access to entertainment and companion tickets.
Discover. Discover offers three or more rewards cards for consumers. One Discover rewards credit card may offer as much as $120 in travel rewards. Card holders may also receive 1,000 bonus miles every month for the first year of membership. Clients will earn one mile for every dollar spent on the card. When the consumer receives the card, they will have a zero percent APR on balance transfers and purchases for six months. After the introductory period, the APR will adjust to an interest rate between 10.99 percent and 16.99 percent depending upon the credit rating of the consumer.
When points are redeemed for airline, hotel or car, there are no black-out dates. The points may also be redeemed for merchandise, gift cards or cash. When consumers rent a car on their Discover card, they will automatically be covered with collision damage insurance. This card does not charge an annual fee, a rewards redemption fee or any other fee to enjoy the benefits of ownership of some of their rewards cards.
Summary
Consumers can find rewards credit cards with significant savings with just a little research. The credit cards, in many instances, will offer luxury rewards that consumers actually want. Before applying for rewards credit cards, review each product offering and make a wise decision.
For further information regarding rewards credit cards, please visit MyReviewsNow Online Shopping.
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