Best Credit Card Rewards Offers
June 2nd, 2010
Best Rewards Credit Card
Having a credit caard like the ANZ Frequent Flyer makes life a lot easier, you get both an American Express as well as a Visa credit card linked to the same account with one annual fee. Additionally with the American Express card you will receive 1 Frequent Flyer point for every dollar you spend
- $95 annual fee
- 19.74% p.a. on purchases
- Cash Advance Rate of 20.99% p.a.
- 44 days interest free
Choosing the Best Credit Card Rewards to Suit You
Determining the best credit card rewards program to suit you should take into account various factors. After all, not all customers spend the same amounts of money on a credit card and not all customers will want to redeem their points for the same rewards.
While there are many credit cards offering excellent opportunities to earn rewards, in order to find the very best credit card rewards program think about whether the benefits will outweigh the costs.
Remember that some banks may charge a slightly higher interest rate on outstanding balances and may also carry higher annual fees. If you’re the type of customer that often struggles to repay your credit card balance, this might not be the right type of credit card for you.
However, if you use your credit card regularly to pay for purchases, you can earn rewards points very quickly that can be redeemed for items such as air miles, electrical goods, shopping vouchers, and even cash back.
Being rewarded for using your credit card the same way you always have can be a great incentive.
The best way to locate the best credit card rewards program to suit you is perhaps by checking a good credit card comparison site to see what offers are available and how they can affect you.
Earning More Points
Many of the best credit card rewards programs will offer customers the ability to earn bonus points by spending money at bonus partners and paying for those purchases with your credit card.
While most rewards programs offer around 1 point per $1 spent using your credit card, there are options from some banks where you’re able to earn double the amount simply by using a different card.
With these types of offers, your bank will offer you two cards linked to the same account and same credit limit. In most cases, you’ll receive an American Express and either a Visa or MasterCard account. If you use your American Express card to pay for purchases, you could be earning double the amount of points. This can speed up the rate at which you accumulate points quickly.
Editors Choice: Featured Credit Card Deals
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 Westpac 55 Day Credit Card | 0% for 5 months (reverts to 19.59% ) | 3.99% for 6 months | $0 | 21.49% |
|
 Citibank Clear Platinum Card | 11.99% | 2.9% for 12 months | $99 | 21.74% |
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