Demystifying Credit Card Rewards Programs for US Cardholders
In today's fast-paced financial world, credit card rewards programs have become increasingly popular among American consumers. From cash back to travel rewards, these programs offer a range of benefits for cardholders. However, the sheer variety of credit cards and rewards programs can be overwhelming, leaving many people unsure about which card to choose or how to make the most of their rewards. In this blog, we'll demystify credit card rewards programs, helping you understand the basics and make informed choices that align with your financial goals. Understanding the Types of Credit Card Rewards Credit card rewards programs generally fall into three main categories: 1. Cash Back Rewards Cash back rewards are among the most straightforward and popular options. Cardholders earn a percentage of their purchases back as cash or statement credits. These can be redeemed or used to offset your credit card bill. 2. Travel Rewards Travel rewards credit cards allow you to earn points