Credit Card Quick

Creditors Flaunting More Enticing Rewards as Holiday Season Approaches

Credit card issuers are expected to be particularly competitive this holiday season, and are betting on enticing rewards to get consumers to spend.

With many Americans either not eligible for credit cards or choosing not to spend on plastic this year, credit card companies are finding ways to draw in their existing customers. To do this, they are offering bigger and better credit card rewards than ever before.

Discover

Discover, for example, is ramping up its Cashback program by offering consumers Cashback bonuses extending to 20 percent this holiday season. For a limited time, consumers spending on their Discover cards will enjoy nearly a dollar-for-dollar Cashback reward system.

Discover has its own website for Cashback rewards, www.ItPaystoDiscover.com, which details this program and provides their customers with tips on getting the most out of their rewards.

Discover’s Cashback program includes:

• Up to 20 percent Cashback Bonus or double miles
• Access to shopping at over 150 online retailers
• Additional holiday CashBack Bonus to more than 35 retailers
• Exclusive Cashback Bonus Weekly Specials, including Free Shipping, and Exclusive Offers

American Express

American Express, like Discover, is looking to increase its share of spenders this holiday season by offering additional Membership Reward points if consumers spend through Amazon.com between Black Friday and Cyber Monday.

Wells Fargo

Wells Fargo’s program includes a special shopping portal that allows members to earn more rewards. Called “Earn More Mall,” this program allows customers to earn additional rewards points for making purchases at select online retailers.

Although these holiday rewards programs can be very tempting, it is still in your best interest to pay close attention to the card’s terms and conditions, as the fees and interest rates charged may outweigh the benefits of the rewards programs.

In fact, many consumers are more likely to find better deals with credit cards with low, fixed interest rates and competitive terms and conditions, so always make it a point to check your card’s terms and conditions before heading out the door to start your holiday shopping.

Related posts:

• June 23, 2011 -- Why a Credit Card Can be Your Best Friend When Traveling Outside of the Country (0)
• June 13, 2011 -- New Incentives Make Rewards Credit Card Offers Enticing (0)
• May 30, 2011 -- Four Ways to Make a Rewards Credit Card Work for You (0)
• May 3, 2011 -- Bank of America Customers: Take Note if you’re a Late Payer (0)
• April 6, 2011 -- 3 Easy Ways to Make your Credit Cards Work for you (0)
• March 16, 2011 -- The Four Most Important Factors to Consider when Comparing Credit Card Offers (0)
• February 23, 2011 -- The Resurgence of Airline Rewards Credit Cards (0)
• February 1, 2011 -- Incentives your Credit Card Company may be using to get your Attention (0)
• November 2, 2010 -- How to Master Online Shopping this Holiday Season (0)
• September 14, 2010 -- The Top Three Factors to Consider when Shopping for a Credit Card (0)
• August 23, 2010 -- The First Five Things to do when you Receive a Credit Card Offer (0)
• June 4, 2010 -- Are you making the Most out of your Credit Card Rewards Points? (0)
• May 13, 2010 -- Which Credit Card Rewards Program is Right for You? (0)
• March 31, 2010 -- A Closer Look at Credit Card Dependency (0)
• March 19, 2010 -- Which Credit Card is Right for You? (0)

Posted on Wednesday, Dec 02, 2009 under "Credit Card Rewards"
Post tags: cashback, cashback programs, consumer rewards, credit card issuers, Credit Card Rewards, earn more mall, holiday rewards, holiday season, l Membership Reward points

(No Ratings Yet)

 Loading ...

Trackback URI   Comments RSS