There are so many banks that offer credit cards that low interest is not a sufficient element for them to be attractive to customers.
Therefore, many banks not only offer a lower interest credit card , but also affiliated with benefit programs. Learn what they are about and how to take advantage of your card’s benefit programs.
Financial institutions offer those who purchase credit cards
Many banks and financial institutions offer those who purchase credit cards with them points in exchange for the use of their cards. These points can double on certain dates or if you buy in certain affiliated places.
With the points you can access different services, products and even trips, it depends on the bank plan that offers them to you . Some points expire within 12 months, but can be maintained depending on the bank and the amount of consumption you make.
Credit cards that give you miles are ideal for those who travel constantly
And those who have them can save a lot of money on their national or international trips . You can usually redeem your miles directly with the affiliated airline. This allows that it is not necessary for the financial entity to intermediate.
Some cards do not accumulate points or miles. But they do allow you to access impressive discounts. They can even give you part of your money back at each month end.
These cards usually have a listing on their website of affiliated stores and services where you can access discounts. It is also possible that they send you a checkbook of the available discounts on each account statement , etc.
As you can see you can take advantage of having credit cards . Remember that it is better to use your card by buying directly to avoid paying interest. And finally, never fall behind in monthly payments to avoid default and damage to your credit history.
If you are beginning to understand your personal finances, take a look at our note: glossary of financial terms , it will be very helpful!