Credit cards should do more than help you spend; they should reward you too!
A rewards card typically gives you reward points or cash back for each dollar you spend on your card.
What To Look For
When shopping for a card be sure to look for one with a rewards structure that will benefit you, whether it’s through normal spending, eating at restaurants, filling up your car, or traveling.
You might even consider using a couple of cards that each reward a different category of your spending, so you can get the most out of your grocery shopping and your airline tickets!
There are some other details to think about:
- Find out if the interest rate is variable or fixed. The interest charged for variable rate cards is based on prime rate and can fluctuate. Fixed-rate cards have a stable rate from month to month.
- If there is an annual fee, make sure any rewards you get will be greater than the fee.
- Find out if there are reward limits after spending above a certain amount.
- Be sure to pay off your credit balance each month, so interest charges won’t cut into your rewards.
Getting paid for spending – how great is that?
A BCEFCU Visa Platinum card rewards you with one point for every dollar spent. Points can be redeemed for a statement credit, deposit to a BCEFCU account, merchandise, travel, or gift cards. With a low, fixed rate, this might be the most rewarding card in your wallet!
Contact us at 410-828-4730, 800-234-4730, or memberservices@bcefcu.com to learn more about or apply for the BCEFCU Visa Platinum card.