• December 29, 2022

Credit cards with rewards: what is the problem?

Shopping

Don’t have enough money to make the most of the year-end sales at the malls? It is not to worry! Instead of hunting for deals in fancy malls, shop through your credit card website. You’ll be surprised to find out how many reward points the merchandise you may be wanting can get you in fantastic deals available online. Whether it’s children’s toys, clothing, or health and beauty products, you’re likely to find great deals on the e-commerce sites your card issuer links to. So instead of spending money on merchandise at retail stores, shop online by making the best use of your credit cards! However, you can still hit the malls to experience the holiday cheer!

Travel Guilt Free This Holiday Season

If shopping isn’t your thing and you’re the adventure-seeking backpacker type looking for a quick weekend getaway this holiday season, check out how many rewards points you can redeem for airline tickets. Some credit card issuers have agreements with airlines where you can redeem your reward points for significantly discounted tickets. Some other card issuers have links to aggregator websites that let you be a winner as you can get your hands on the fun ride to rejuvenate yourself as the year winds down.

Gift vouchers to make loved ones smile

Do you feel depressed because you have not been able to buy gifts for your loved ones because you have very little money? These gift vouchers can be the perfect gift for the picky eater in your family who is never quite happy with the choice of others. Gift vouchers redeemed for your reward points can make both of you happy!

Save on annual fees

If none of the above is on your to-do list and you’d rather curl up under a warm blanket with your favorite book and a hot beverage over the holidays, you can still enhance your holiday cheer by redeeming your rewards points towards paying the annual renewal fee for your credit card. This will result in savings you may not have otherwise anticipated.

A chance to give back

It is the season to be generous, humble and grateful. The gift of giving back is one that brings limitless joy, so if you’re feeling magnanimous, most card issuers allow you to donate your rewards points to charities and nonprofits, so you can do your part to give back. to society. . What’s more, these donations are also eligible for tax deductions. We hope you get the chance to spread a little more holiday cheer!

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