However, it is important not to
sign up for a credit card based on the reward alone, and it will be important to take two things into consideration.
Not exact matches
Within the first year of
signing up for the popular travel
credit card, the Chase Sapphire Reserve, I saved over $ 2,000 on travel, thanks to a generous
sign -
up bonus and rewards points earned
for using the
card on a regular
basis.
So, if you
sign up for a
credit card, make sure you get something back in return on a regular
basis.
Based upon the number of solicitations that you receive in the mail (not to mention the countless eager salespeople trying to get you
sign up for a store
card), it may seem like every bank wants to give you a
credit card.
One of my favourite ways to get a lot of airline miles and rewards points all at once is to
sign up for multiple
credit cards based on high
sign -
up bonuses.
That might add to the cool factor and make
for some fun conversations at the checkout counter, but it's probably a poor
basis for signing up for a
credit card.
Stefanie O'Connell, personal finance expert Favorite business
credit card: Capital One Spark Cash
for Business
card «Unlimited 2 percent cash back on every purchase, a $ 500
sign -
up bonus and simple cash back reward redemption make the Capital One Spark Cash
for Business
card an easy way to get rewarded
for doing business on a daily
basis.»
Aside from actual flying, there are two options
for getting Lufthansa miles in the U.S. First is the Barclaycard U.S. -
based credit card that features a 30,000 - 50,000
sign -
up bonus, two miles per dollar spent on airline purchases, and two lounge vouchers annually.
Everyone who is US -
based and has access to
credit should go
for credit card sign up bonuses.
People manufacture spending in order to meet minimum spend requirements to get
credit card sign -
up bonuses, meet annual spending thresholds
for bonuses, or simply to increase the number of points and miles they earn on a regular
basis.
Only in America would people
sign up for a
credit card that charges
up to 24.24 % APR to finance their coffee habit, then relish in the fact they earn «stars»
based on their spending.
When you're looking
for a rewards
credit card, look past
sign -
up bonuses and figure out
based on your spending habits what types of cash back rewards would be most lucrative
for you.