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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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Fixed 7.9% APR on purchases and balance transfers for 6 months*
Earn 10,000 OnePass® miles upon payment of the $85 annual fee
No pre-set spending limit*
Earn one OnePass® mile for every dollar you charge
Dine at any participating restaurants and you'll earn up to 10 OnePass® miles for every dollar you spend
Earn DOUBLE OnePass® miles and 10,000 bonus miles with the Continental Airlines World MasterCard® from Chase
Whether you're visiting family in New York or vacationing in Honolulu, now you can get there twice as fast. Because now the Continental Airlines World MasterCard from Chase gives you TWO OnePass miles for every dollar you spend at select bookstores and other select merchants (see below).
Plus you'll receive double miles on the purchase of Continental Airlines tickets purchased directly through Continental. So get out your card and get to your destination twice as fast.
Apply now and you'll get an extra 10,000 OnePass bonus miles when you become a cardmember.*
You'll also enjoy a low, fixed introductory APR, no preset spending limit, 24-hour worldwide concierge service and unlimited OnePass miles.*
So get the card...use it...and earn DOUBLE OnePass® miles.
FREE domestic companion ticket*
- 6,000 bonus OnePass miles when you become a cardmember**
- Earn one OnePass mile for every dollar you charge
- Double OnePass miles on the purchase price of Continental Airlines tickets purchased directly through Continental
- Dine at any of the more than 9,000 participating OnePass Dining restaurants, and you'll earn up to 10 miles per dollar you spend, when you use your card
- Generous credit line of up to $100,000
- Fixed 7.9% APR on purchases and balance transfers for 6 months**
- FREE travel benefits, and more
Earn DOUBLE OnePass® miles when you use your card at:
- Continental Airlines
- CVS Pharmacy
- United States Postal Service
- AT*T
- Best Buy
- Macy's
- Bed Bath & Beyond
- K B Toys
Disclosures:
Preferred Pricing:2 Fixed 7.9% introductory rate for 6 months from account opening.1 Thereafter, 13.65%.
Preferred Pricing2 - Balance Transfers: Fixed 7.9% introductory rate for 6 months from account opening.1 Thereafter, 13.65%
Cash Advances: 19.99%.
Non-Preferred Pricing - Purchases, Balance Transfers and Cash Advances:22.99% .
* See OnePass Summary for certain terms, conditions and charges. Limited exceptions to mileage may apply. See Credit Card Disclosures for details.
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