With credit card rewards such as cash back, it's important to note that the rewards are given based on where you make the purchase - not what you buy.
With credit card rewards such as cash back, it's important to note that the rewards are given based on where you make the purchase - not what you buy.
The program
comes with the credit card rewards bonus, no fees on key services and cash rewards on Bank of America Merchant Services processing, but there are other rewards too, including:
On my recent trip to Europe, I not only booked my flight and
hotels with my credit card rewards points, but also many memorable adventures like the Sound of Music tour in Salzburg.
If you're ready to boost your vacation
fun with credit card rewards, be sure to compare travel credit cards to find an option that will help you see the world your own way.
We do most of those
trips with credit card rewards points and for all the rest, we save for our common goal in a high yield savings account to earn a bit of interest along the way until departure.
I think one of the things that we kind of touched on with not getting carried
away with your credit card rewards is part of it too, not just having a plan for your rewards but having a plan for your spending.
How to score a rental car using a rewards credit card — Scoring a free rental
card with credit card rewards is not as straightforward as earning a free flight.
See related: Luxury rewards perks: What you get for that big annual fee, 13 luxe airport lounges you can access with a credit card
Yeah, you're getting hit with the 2.5 % transaction fee, but you're still netting tremendous value by earning the sign - up bonus, and likely negating much of the
fee with credit card rewards, as shown below.
There could be a niche where this makes sense for some, but I think overall this is definitely a credit card designed for people who aren't concerned about maximizing
value with their credit cards rewards.
Cash back credit cards are by far the most popular type of credit cards for consumers (close to 70 % of
people with credit card rewards preferred cash back).
(
As with any credit card reward program, you'll only receive the greatest benefit from the Costco Citi card by paying off your balance every month, so keep that in mind before signing up for the card.)