Indeed, today, many credit card companies offer more than the basic service: they offer rewards every time you spend!

However, is it really advantageous to participate in these programs? Read this article and understand the pros of rewards credit cards.

Credit cards can be excellent for those who love to spend and earn rewards at the same time. So, read on to learn more about the pros of rewards credit cards!

In effect, credit cards are normal credit products for paying bills and using your money.

However, these offer their customers an extra edge. With these, every time you spend, you get a reward. These rewards can come to you in three ways:

Below, learn about each of these programs and the advantages of rewards credit cards:

Currently, most cards that reward their customers with cash do so through cashback programs. In effect, this means that you will get back a percentage of the money spent.

For example, the Upgrade Triple Cash Rewards has a 1.5% cashback program.

Additionally, there are cash back programs that reward more in specific purchase categories. In fact, the Fortiva® Mastercard® Credit Card with Cashback Rewards is an example.

This card pays 1% cash back for general purchases. However, spending on gasoline, for example, generates up to 3% cash back.

In addition, reward programs are also different in the way you redeem your money.

Some cards only allow you to use your reward to pay your card bills. Other cards allow you to receive them in your checking account, for example.

In this type of reward, you earn a certain amount of points for spending. In general, these points can be redeemed for cash or perks.

This includes discounts on airline tickets, hotel rates and restaurant reservations.

Among these, we highlight the BMO eclipse Visa Infinite credit card. This card gives 5 points for every $1 spent on groceries, dining and takeout, and others, for example.

This type of program offers miles as rewards for your spending. These are a type of points that can be used to primarily fund airfare and common travel expenses.

Capital One’s Venture family of cards are good examples of this type of reward program.

However, you should be wary when banks offer too many benefits. After all, are there only pros to rewards credit cards or is there a downside too?

Below, we have separated a list of the main advantages and disadvantages of programs like this. So, read on and find out what’s behind advantages like these:

Now that you know the pros of rewards credit cards, it’s time to take advantage of them.

Below, take a look at the top reward cards available on the market. Buy them and choose which one is the most profitable option for you:

A frequent choice on best reward card lists, the Chase Freedom Flex℠ credit card is a great choice. Indeed, even without paying an annual fee, you are entitled to a 5% cash back in quarterly categories.

Not to mention the selected categories that pay up to 3%. To find out if you are eligible for this card, check out our post below!

Innovation is the name of this credit card. Indeed, the Upgrade Bitcoin Rewards credit card is a pioneer in offering bitcoins as a reward.

We are talking about a currency that has appreciated 1,375.30% in the last 5 years.

Interested in receiving cryptocurrencies without having to mine them? Check out our post below and find out if you can have this card!

Are you looking for frequent flyer programs? Then count on the Capital One Venture Rewards Credit Card. This credit card will give 2 to 5 miles for every $1 spent.

Plus, you can earn 75,000 miles as a welcome bonus. In the table below, check out the main features of this credit card!

If you love this card’s features, check out our post below to learn about the application process!

Indeed, it is impossible to talk about points programs without mentioning the Citi Premier® Card. This credit card can offer 3 points for everyday purchases, such as those at the supermarket.

Gasoline spending is another category that offers this amount of points. So, take a look at the table below and find out if this card is for you:

Before you leave, get to know a list of credit cards for a special audience. Check out our list of cards for people with excellent credit scores!