Tips and Tools

Different Types Of Promotions That Come With The Credit Cards

Different banks and card companies offer different promotions to attract the customers. While the main benefit of these cards is to enable the person not to carry money around as it is not safe; additional benefit comes with the promotions they offer that help you save money.

The Top Promotional Offers include:

Whenever you use your credit card, you acquire some reward points. You can use these points to buy several things depending on the size of your points. If you have small points, you can get small things like pens, key rings and if you have large points, you can get bigger offers like home appliances, leather briefcases, cameras, trips to different countries just for free.

Different Types Of Promotions

If you travel a lot, you can use your credit cards to get different offers from the airlines.  There are many airlines that offer free miles by paying small annual fees and many other such facilities. These offers vary with the type of credit card you are using like Gold, Platinum, Signature and Premium.

Similarly, these cards get you discounts while staying at hotels. When you have acquired specific points, you can get free night stays, free breakfasts and lunches, discounts on car rentals and much more.

If you are thinking where to get the details about how much points you have gathered, you can just use the helpline of your card company and they will provide you with all the details. Moreover, your credit card bill also contains this information along with the details of the things you can buy with these points.

Another offer is the cash back credit card that gives you a certain percentage of discounts whenever you make a purchase on a specific grocery store, gas station or airline. The best part is that they give you this discount in the form of actual cash. The basic point to keep in mind is the percentage of discount each card is offering you.

Sign-up bonus is the bonus that offers you points after making a first purchase or spending a specific amount of money within the duration of 1 or 3 months just after signing up for the card. There are different types of credit cards in the market that give you different sign up bonuses.

There are some cards that give you toppromotional offers of transferring your high interest debts from one card to another card with 0% balance transfer fees where you can pay your debt with no interest within specific time duration. All these 0% balance transfer cards have no annual fees at all.

Many companies offer cards to students with several discounts and other cash back facilities. If they make the payments on time, they can build a good credit history so when they want to apply for student loans in the future, they will be given preference.

Credit cards for businessmen:

There are different business credit cards according to the size of business. If you select the type of card that suits your line of credit requirements, you can save a lot of money around the year. You can also keep a track of your annual expenses, pay your insurance premiums and get all kinds of rewards that come with your card.