Americans love their rewards credit cards — even if they don’t always know what they’re getting.
While the vast majority of rewards cardholders are “satisfied” with their cards according to J.D Power’s 2019 Credit Card Satisfaction Study, only 66 percent cardholders say they understand their card’s rewards benefits and only 36 percent fully understand their supplemental benefits.
Online marketplace Credible can help you compare different types of reward cards, including various rates and fees that come with them. Use Credible’s free online tools to find the recommended credit card for your needs.
Here’s what you need to know to maximize all the perks — from travel credits to points at gas stations — that come with these rewards programs.
How to get the most out of your rewards credit cards
First, know what’s at stake, as rewards card benefits have expanded in recent years. These days, aside from traditional benefits like travel rewards points and cash back cards, users can gain new perks like help paying for groceries or getting front row seats at major sports and entertainment events, among other benefits.
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