Visa MasterCard Discovery

New credit cards come out with interesting rewards

[Saturday, October 30th, 2010]

Reward cards have always been an extremely interesting choice for nearly all folks. Credit card issuers and retail chains are bringing out excellent programs offering consumers reward programs with a difference to help tackle their credit card debt situation according to Dallas Morning News.

There are discounts and deals everywhere and publisher of the credit card industry David Robertson says that discounts are the greatest incentive post the recession for consumers to step in and spend some more. This is in fact helping people to shop for what they want and pay it off in installments and at reduced prices.

Various store credit cards are coming out which offers people discounts at various percentages. Target has a special RED card debit and credit card which lets people earn 5% off on the purchases made. Even Toys R Us has a similar offer with 10 percent given back through a special loyalty program where purchases of at least $500 are made. For those with Chase freedom cards as well there is good news as it is giving people 5 percent back for any purchase of about $1500 at super markets, theatres and department stores until 31st December.

There are also additional mergers between chains and lenders to bring to customers better deals and rewards. Chains like Kroger have teamed up with U.S. Bank to bring out a MasterCard for rewards and also debit accounts and store branded credit for consumers. This is going to allow consumers to get points that can be used to earn groceries for free when they have the credit card being used at the supermarket.

Some chains and lenders are even joining together to offer greater rewards, the report said. U.S. Bank and supermarket Kroger along with other stores owned by this brand is giving customers an opportunity to earn twice the points on purchases that are being made with this new credit card at various store outlets and also giving triple points on purchases of the stores branded merchandise.

The popularity of these rewards and the cards available are always changing. The programs and the special benefits vary according to a report by Reuters. There are free air miles to be earned and for every credit card debt and dollar that gets compiled there are good deals available for consumers who earn more income. It is also very beneficial for people who keep having to travel on business often and can use these rewards points to add to their perks and also move to better offers on the flight deals.

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