Prime customers can still benefit from some of the most attractive credit card rewards
If you want to be privy to attractive rewards on your credit cards, it is time to build your credit history to generate a credit score that falls in the ‘excellent’ category. Customers with excellent credit scores are having the last laugh as banks are doling out the most lucrative rewards to ensure they get on their customer data base.
The latest in terms of attractive rewards comes from Chase. The Southwest Airlines Rapid Rewards Premier card offers the card holders up to 50,000 bonus points on the first purchase made using the card. These points are sufficient enough to buy two roundtrip tickets to any of the destinations that Southwest flies to. However, the perks of this card do come at a price. The annual fee on this credit card is $99 and the interest rate is 14.24%, provided the customer has a good credit score. Consumer’s eager to apply for this credit card should have excellent to good credit scores to gain eligibility.
With the competition getting hotter by the day, credit card lenders are willing to stretch themselves this to ensure they get most of the consumers with excellent credit scores since they fall under the low risk category. As per the survey results from Mintel Compermedia, the number of reward credit cards, that stood at 551 million in the year 2009 nearly doubled in 2010 and stood at 1.4 billion. The consumers that are benefiting the most from these offers are the ones who have a good credit history backing them.
Latest Credit Card Rewards News
At the end of July, Citi and American Airlines introduced one of their best-in-class product revamps. Continuing their longstanding partnership, the Citi® / AAdvantage® Executive World Elite Mastercard® went through a number of significant changes starting July 23. These changes include new statement credits, expanded opportunities to earn miles and loyalty points, and higher annual […]
According to recent surveys data, more than half of Americans begin preparing for Christmas festivities as early as in October. A fair percentage of customers are planning to shop at Walmart this holiday season, all because of Walmart’s low prices, large and diverse selection of items. Now, eligible U.S. Citi cardmembers can use Shop with […]
M1 Finance has made its popular Owner’s Rewards Card even more enticing with seven new brands to earn accelerated cash back on purchases. The M1 Owner’s Rewards Visa® Signature Card is one of the more tempting fintech and investment rewards credit cards on the market today. Launched in the summer of 2021, the card offers […]
Rotating category credit cards are cash back credit cards that offer their highest cash back percentage in shopping categories that rotate on a regular basis, often quarterly. The major credit card issuers have already opened registration for Q1 2022 rotating bonus categories on their popular cash back credit cards. The first quarter is active from […]
The good news for American Airlines’ frequent flyers and Citi ThankYou Points fans: Citibank has added American Airlines as a new transfer partner for its ThankYou Rewards program. Transferred ThankYou Points can be used to secure flights, flight upgrades, vacation packages, hotel stays, car rentals and more through the American Airlines AAdvantage program. Although this […]