Cash back rewards are often redeemed for statement credits, direct deposits, merchandise or even gift cards. Points and miles are often associated with travel cards and can be redeemed for travel-related purchases like airfare, hotels and car rentals. Reward earnings can be unlimited or have spending caps, depending on the card. You can earn rewards at either a flat rate on all purchases or higher rewards rates for specific spending categories like dining or gas. Credit card rewardsĬredit card rewards are points, miles or cash back that you earn when you use a rewards credit card. The best balance transfer cards have zero-interest periods that last 18 to 21 months, but almost every balance transfer card has a fee of $5 or 3 percent of the transferred amount. Similar to zero-interest cards, a balance transfer card lets cardholders transfer their balances from one card to another for a temporary relief from interest while they pay off the balance. Once the introductory offer ends, you will be charged the card's regular, ongoing interest rate on any balances you carry over after each billing cycle. Just keep in mind that these introductory rates don't last forever. Low-interest and zero-interest introductory offers give cardholders more time to pay down debts or make large purchases without added interest costs. Many credit cards have introductory or promotional APR offers, meaning you'll get a low or zero-percent interest rate for a period of time, typically 12 to 21 months. Pick and apply for the card that best fits your needs.Ĭredit card features to compare Credit card APRsĪ credit card's annual percentage rate (APR) is the interest on a credit account.Read the major details for each card side-by-side for easy comparison.Select two cards you would like to compare.How to compare credit cards with Bankrate What to do when you lose your 401(k) match Should you accept an early retirement offer? How much should you contribute to your 401(k)?
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