Common Types of Credit Card Rewards

Credit card rewards programs are one of the most interesting as well as inviting offers created by credit card issuers to attract as many consumers as they can. Such programs allow all card holders to get something out of their purchasing. The type of reward programs may vary depends on the card issuers.

Here are several common types of them:
- Cash-Back Rewards: credits to give the card holders based on the spent amount.
- General Rewards: each time a card holder spend a purchase with his card, he will be awarded by certain points that can be redeemed on the available products provided by partners.
- Frequent Flyer Rewards: based on his purchase a card holder will earn certain points toward his airline Frequent Flyer program on their option.
- Instant Rewards: usually a card holder will get a discount; buy 1 get 2, etc on certain participating merchants.

If you want to apply for a credit card simply because of its interesting credit card rewards, you had better consider it properly. Some of the reasons to consider could be whether such rewards program suit your habit in dealing with your credit card or not and also whether you are interested on the rewards or not. Otherwise you will risk yourself in having an unnecessary credit card with all its consequences. So, be wise with your choice.