Category: Points

Many credit cards have annual fees.  Some don’t, but most do.  Annual fees fall into roughly three categories: free, about $100 and over $400. The appeal of cards without annual fees is obvious.  They usually have simple reward systems, and can be fairly lucrative.  Some cards give 2% cash back or have bonus categories that can give up to 5%...

There are three major types of reward credit cards. The difference is the type of reward you collect. Cash Back Specific program points Generic transferrable points The first is a cash back card. You collect money or points and then after you’ve met a certain threshold (which varies from card to card) you can get either a simple statement credit...

I never really planned to do much with the points and miles I collected for flying on various airlines and staying in various hotels. I didn’t have very much brand loyalty so I never thought I would have enough points in any given program to actually redeem for anything of any value. Teri traveled to Asia several times in the...