Cash Back, Points or Discounts? What’s the Best Type of Credit Card Rewards?

Sourced from https://www.thesimpledollar.com/credit-cards/blog/cash-back-points-discounts-which-is-the-best-type-of-credit-card-rewards/

Last week, I wrote an article on strategies for maximizing the benefit of travel credit card rewards, and I concluded with these sentences:

A final tip: rather than thinking about what you might do in the future, think only about what you’ve done in the past or what you’ve strongly committed to doing going forward.

For example, if you rarely travel but have a vague notion about traveling more, don’t get a travel rewards card quite yet. Instead, use a different rewards card and see if your travel actually increases in the next year or two.

If you’ve vaguely thought about a Disney vacation, don’t jump on board with a Disney rewards card yet. Instead, use a different rewards card and see if that plan starts to turn into something concrete, and then switch to the card when you start to think about actual dates and plans a year or two in the future.

If you do these things, you’ll get maximum benefits out of travel reward credit cards. Just remember… Read More

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