Hotel rewards cards typically carry higher APRs than other credit cards and usually have an annual fee tied to them, as
do other types of rewards cards.
Not exact matches
I've never used a cash back or
other type of rewards credit
card, and don't know if they are truly a good deal.
If you keep a balance and have credit
card debt, then it's probably better to use low interest or 0 % APR
cards rather than
rewards cards instead (because many
rewards cards turn out to have higher rates than
other types of cards that don't have such generous
rewards).
People don't always consider using travel
rewards toward cruises, and many might find that credit
card points are more useful for
other types of travel.
While most
other types of credit
cards, even
rewards and cash back credit
cards,
do not have an annual fee, the cost
of airline frequent flier programs is such that an annual fee must be charged for it to be profitable for the credit
card issuing bank.