Credit Card Loyalty Schemes
Many credit card offers incorporate complex loyalty reward schemes. However, fathoming how that really translates into value overall can be literally impossible.
Nonetheless, points, cashback, VIP perks and Air Miles are increasingly offered in an effort to attract customers. It’s not surprising that this is happening when you consider all the research pointing towards customers prioritising loyalty rewards as one of the principal factors influencing their choice of card.
Many cards are starting to link up with store cards such as Nectar, Tesco Clubcard and Boots Advantage Card which can really help rack up some worthwhile rewards. Incidentally, Boots Advantage has long been demonstrated to offer the best loyalty rewards, so combining that with a credit card could be a shrewd move.
Common sense tip with all this is that you ensure the monthly credit card bill is reimbursed in full. If you don’t you can forget making any serious gain in either cashback or loyalty rewards.
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