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 How does a cash reward program work? Typically, the program awards points, "dollars" or a cash value based on the amount you charge. The rate at which you collect points varies depending on what you charge or where you charge it. Some programs offer extra points for using their card at a specific place such as a supermarket or fast food restaurant or for certain items.
Some programs offer a variety of rewards. Consumers can earn meals, tickets to sporting events, airline tickets, electronics, or even create their own reward program.
The goal is to get you the consumer to use your credit card as much as possible. Why? FEES! The credit card issuer makes money from two sources each time you use their card. First, from the merchant who pays the issuer a merchant transaction fee and secondly, from you through finance charges and late fees. A recent survey found that nearly half of U.S. cardholders enrolled in a credit card rewards program have never redeemed their points. However, 60% of consumers said rewards program influences their decision when deciding which credit card to use for a purchase.
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This Offer Currently Is Not Available !Chase Travel Rewards Platinum Mastercard
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Earn 1 point for every $1 you charge
No annual fee
0% Introductory APR on balance transfers for up to 12 months*
Redeem your points for flights, hotel stays, cruises, car rentals and vacation packages. Best of all, Chase Travel Rewards lets you choose virtually any airline - over 250 in all.
Go Where You Want When You Want!
With the Chase Travel Rewards® Platinum MasterCard® you can choose from over 250 airlines - without restrictions. The points you earn are also good for hotel stays, auto rentals, cruises and more.
- Earn 1 point for every $1 you charge
- No annual fee
- 0% Introductory APR on balance transfers for up to 12 months*
To receive this low APR, your account must be in good standing. Your account will not be in good standing if any loan or account with us or any other creditor is past due, your account is overlimit, you make a payment to your account that is returned unpaid or your account is closed for any reason.
• This Offer Currently Is Not Available !More Info / Apply for Chase Travel Rewards Platinum Mastercard
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