Credit Card Reward Program
Points, Points, Points

By adding a credit card reward program with points to credit card accounts, banks have allowed customers more flexibility when redeeming their rewards. Here you'll find out how points accrue on these cards. Also access professional reviews of several cards that offer points to discover the differences between each.

What about bonuses? Like most other reward cards, a credit card reward program offering points periodically provides extra points on specific purchase types, whether permanently, or for a limited time. Some of the offers are even as high as three points for each dollar spend.

Don't forget about bonus incentives. Depending on the specific credit card, you may receive points for just signing up. If not points, you may get rewards such as movie tickets, credit card brand related merchandise, or gift cards to selected vendors. Watch out for yearly caps also, the caps vary from card to card, so be sure to read the terms on the account you apply for.

Although the points that you earn are inexpensive for banks to provide, the rewards that you redeem your points for are relatively valuable. There are numerous items available that you can redeem your points for. Each card is of course unique. Here's a list of some of the most popular redemption categories.

• Electronics
• Games and Toys
• Jewelry and Accessories
• Sporting Goods
• Gift Cards
• Phone Cards
• Charitable Gifts
• Statement Credits

Another popular redemption category is travel rewards.

Finally, if you possess one of the credit cards above, I'd like to hear from you. Let me know what specific reward you redeemed your points for. That way I can post it here to give the Credit Card Customer Care readers an idea of how valuable the reward points are.