NerdWallet values United MileagePlus miles at 1.7 cents each on average, so you'll get
an average rewards rate of 8.5 % as a VIP member — but a measly 0.85 % as a member.
For most spending categories the card only offers
an average rewards rate of 1.6 % while limiting cardholders to affiliated hotels and resorts.
When you first use your AeroMexico Visa Card you receive a bonus of 15,000 Club Premier Miles — a potential value of $ 270 using
the average rewards rate of 1.8 %.
NerdWallet values AAdvantage miles at 1.2 cents apiece on average, which will get
you an average rewards rate of 6 % once you reach VIP member status.
When it comes to purchases of things other than Expedia bookings, we suggest using a decent cash back card instead — you can probably
average a rewards rate of 1.5 % to 2 % in that way.
When used at Exxon, the card has an above -
average rewards rate of 2.3 %.
For most spending categories the card only offers
an average rewards rate of 1.6 % while limiting cardholders to affiliated hotels and resorts.
Average spending rewards were a lower than average 1.55 % based on general spending, but could range anywhere from an average minimum rewards rate of 0.6 % to
an average rewards rate of 2.5 % when credit card spending is maximized.
Not exact matches
However, consumers who have an existing account with Bank
of America can see higher
rewards rates, depending on the
average balance they maintain in their accounts.
We like the Capital One ® Venture ®
Rewards Credit Card since it's a great all - around travel credit card with minimum fuss and a higher than average rate of return for travel r
Rewards Credit Card since it's a great all - around travel credit card with minimum fuss and a higher than
average rate of return for travel
rewardsrewards.
Judged purely on the value
of the
rewards you'll earn with the two credit cards you can expect a better than
average rewards rate..
The
Rewards Money Market Account isn't much better: you'll need at least $ 100,000 in your account for the maximum
rate of just 0.06 %, below
average for a money market account.
If you have
average credit, but still want access to 1.5 %
rewards (a great
rate in the pure cash back ecosystem
of cards), then go for the QuicksilverOne ® card.
These data are challenging for existing theories
of the role
of dopamine in interval timing, but are perhaps better explained by supposing that tonic dopamine levels code for
average reward rate, as suggested in recent reinforcement learning models.
Like many fuel - saving technologies, automakers are
rewarded for adding these types
of systems in the highly complex government Corporate
Average Fuel Economy
ratings system and the
rewards can add up.
This works out to a
rewards rate of 2 - 3 %, which is well above
average
Judged purely on the value
of the
rewards you'll earn with the two credit cards you can expect a better than
average rewards rate..
Comparable to some
of the lower end cards on our list with respect to length
of the 0 % APR introductory
rate, the Blue Cash Everyday Card from American Express is strong on cash back
rewards at supermarkets and gas stations but offers only
average balance transfer capabilities.
It provides above
average rewards rates on gas, restaurant and grocery purchases that make it worthy
of most people's consideration.
While airline credit cards tend to offer consumers the highest
rewards, it should be noted that these cards also have some
of the highest
average interest
rates.
If the points are used for travel redemptions, shopping in one
of the above categories will yield a
rewards rate of 3 % - significantly higher than
average.
The
reward points you earn through this card are best spent on travel redemptions - there they can
average a
rate of $ 0.01 per point.
However, consumers who have an existing account with Bank
of America can see higher
rewards rates, depending on the
average balance they maintain in their accounts.
On
average, unless they are very diligent with how they redeem their miles, consumers can expect a
rewards rate of 1 % or lower from the Spirit Airlines Mastercard.
But
average interest
rates on new cards are still up and you have to read the fine print
of rewards programs.»
Generally, credit card lenders would never
reward people with
average credit, only giving them the option
of one or two credit cards that had high interest
rates.
Consumers earn 1 % back with the Korean Air Visa Signature card when spending in other categories, so someone who uses the credit card to charge both Korean Air tickets and general household expenditures will get a weighted
average of the two
rewards rate.
On
average, AeroMexico Visa cardholders can expect
rewards rates of 1.8 % - depending on how you earn and redeem Club Premier Miles, the return can range from 1.3 % to 6 %.
The Citi Dividend allows you to earn higher than
average rewards just in the bonus categories, while the Capital One ® Quicksilver ® Cash Rewards Credit Card lets you earn a higher rate across all of your net sp
rewards just in the bonus categories, while the Capital One ® Quicksilver ® Cash
Rewards Credit Card lets you earn a higher rate across all of your net sp
Rewards Credit Card lets you earn a higher
rate across all
of your net spending.
Considering that the
average rewards rate among these business credit cards is about 2 %, businesses that carry a balance for even a few months
of the year will see any advantage provided by the
rewards erased by the higher APR..
Given the
average value
of a Virgin America
reward point is $ 0.02, that puts the
rewards rate at anywhere between 2 % and 6 %.
Rather than an
average rate of 2.5 % on everyday spending you'll earn 2 % overall with the Venture, a little lower in terms
of overall
rewards.
As with all tiered
rewards cards, it's important to see if the card's bonus categories fit your spending patterns — you may find that a flat -
rate card or a card that offers bonuses in different spending categories gives you a higher
average rate of cash back.
Even worse,
rewards cards often come with higher - than -
average interest
rates, which can make it much harder to climb out
of debt after the fact.
Given the value
of a single point stands at about $ 0.0057, this produces a
rewards rate of just 0.57 %, which is well below
average.
We will look at two different scenarios that will lie on both extremes
of the
rewards rate spectrum to demonstrate the best and worst possible
average rewards rates.
In a survey
of the best general - purpose gas credit cards, we found the
average rewards rate on purchases at gas stations to be 4.14 %.
Given the current
average price
of gas is around $ 2.60, this works out to a
rewards rate of 2.31 % ($ 0.06 / $ 2.60).
The
average interest
rate for most
rewards credit cards tends to be around 9 - 10 percentage points lower than that
of the Old Navy Credit Card.
If you can get at least 25 %
of your annual purchases to be within these bonus categories, you will
average a 2 %
rewards rate, making this card one
of the absolute best.
Outside
of these categories, this card earns an
average 1 %
rewards rate, which makes it a poor choice for a primary everyday card.
To give you an idea
of just how high this is, the
average interest
rate for
reward credit cards in the United States is 15.99 %.
A quarter
of all your spending would have to come from TJ Maxx stores for the TJX
Rewards ® Credit Card to have, on average, the same rewards rate as the Citi ® Double Cash Credi
Rewards ® Credit Card to have, on
average, the same
rewards rate as the Citi ® Double Cash Credi
rewards rate as the Citi ® Double Cash Credit Card.
Using the credit card in the aforementioned categories will result in a
rewards rate of 2.4 %, which is above
average.
Both
of these
rewards rates are above
average when compared to other store cards, and even ordinary credit cards.
If you have an
average credit score and get approved for a new credit card, your credit limit may not be as high as cards offered to people with excellent credit, but you will find plenty
of options with no annual fee, relatively reasonable interest
rates and
rewards.
With the
average rewards credit card interest
rates hovering around 19.99 %, it makes sense that 51 %
of Canadians are looking for low - interest credit card options.
For cardholders who prefer to stay at mid-tier hotels such as Country Inn and Suites or the Radisson, the Club Carlson
Rewards Visa Signature card offers a fair amount of value, including a sizable sign - up and an above average rewards rate on regular pur
Rewards Visa Signature card offers a fair amount
of value, including a sizable sign - up and an above
average rewards rate on regular pur
rewards rate on regular purchases.
According to CreditCards.com data, many
of the country's most popular
rewards cards have recently become significantly more expensive for
average consumers who don't qualify for the cards» lowest
rates.
Weekly
rate report, May 25, 2011:
Average APRs fall on new card offers — A move by Wells Fargo to cut the rates on two of its popular rewards cards caused the national average to fall in CreditCards.com's weekly rate report... (See Weekly credit card rate report, May 25
Average APRs fall on new card offers — A move by Wells Fargo to cut the
rates on two
of its popular
rewards cards caused the national
average to fall in CreditCards.com's weekly rate report... (See Weekly credit card rate report, May 25
average to fall in CreditCards.com's weekly
rate report... (See Weekly credit card
rate report, May 25, 2011)