Thursday, December 8, 2011

What is the best credit card to get for rewards if you pay off the full balance each month?

I have started a new jobs and want to get a credit card to use to put all my expenses on. My expenses get paid monthly so I can pay the full balance off. I would be spending approx 拢300-500 a month.|||It will depend on the types of goods you buy, your credit worthiness, your income, and where you most regularly shop.





Many rewards credit cards are out there to promote an individual brand or retail chain.





If you pay off the full balance every month, and you select a card with no annual fee (it doesnt look as if you spend enough money a month to justify taking out an annual fee card), clearly these rewards are free, as in your getting something you wouldn't have had with no cost to you.





If you travel a lot, some of the airmiles and travel points cards are very generous.





If you shop in Tesco's their rewards card is a good all round package, as they offer rewards wherever you use the card not just in their stores. (And no annual fee). Most Barclaycards also cary their rewards program buts its not over generous.





All rewards credit cards are compared here





http://www.cardchoices.co.uk/compare-cre鈥?/a>





With your spending profile, you should probably also look at Cash Back Credit Cards





They're compared here





http://www.cardchoices.co.uk/compare-cre鈥?/a>|||US answer - not sure if helpful to you.


There are two sites I like for this.


Bankrate.com - click on credit cards for best rewards


My favorite is Nerd Wallet. com


This site does not charge the credit cards companies for advertising and has all cards listed.


You will find exactly what you are looking for.





If not in US google the country you live in followed by the words "best credit cards for cash back rewards".


One strong note:


Airline miles never amount more than 1% cash back.


People that can't save for trips on their own like these.


If you can save on your own for your vacations, stick to the cash back cards - more rewarding...|||Tesco|||Do you honestly think the rewards are free? The interest rate on a rewards card is slightly higher to offset the costs of the rewards

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