REWARD CREDIT CARDS INFORMATION

Please see information below on Reward Credit Cards.

        

Reward Credit Cards

What is a Reward Credit Card?

Reward credit cards are used just as you would any other credit card except you earn rewards as you spend; you don't have to change the way you spend. By using the card you collect points with a wide variety of specific reward programmes. You can earn points with hotels or retailers, earn air miles that you can exchange for free flights or be rewarded with hundreds of vouchers and other discounts.

How do I choose the right Reward Card?

There is a wide variety of reward cards on the South African market that appeal to different people. The right one for you will depend on your lifestyle, what sort of benefits you want and what specific reward programme you want to go on. For example you might want to earn air miles as you spend or collect points for certain retailers.

A great way to find the right reward credit card is online, comparing the main features such as interest rates as well as the different reward programmes offered in South Africa. Looking at our comparison area is a great way of doing this.

What are the Disadvantages?

The main drawback is the reward cards encourage spending because the more you use the card the more points you earn. Don't forget that reward cards are still credit cards and if you do not pay your bill every month you could easily be faced with expensive charges and fall into debt. You should be aware that some cards will only allow point collecting at participating outlets. This means that, although you can still use the card as normal, you won't be earning any rewards.

You should ask yourself whether or not you are really getting a good deal on all the other card features beside the rewards programme.

        


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