Rewards and Credit Cards

Rewards Credit Cards such as Hilton Hhonors Visa Signature Cards enable cardholders to earn 10,000 bonuses rewards on the first purchase made on the credit card.

The points equal a free stay at a hotel. The card enables cardholders to earn additional 2 points per each “dollar spent on net purchases.”

Cardholders can earn 3 points on each dollar spent at the “Hilton Family Hotels” The card has no ‘pre-set’ limits for spending, and the points are redeemable at more than 2000 Hilton Family Hotels. The card providers offer “double dip” points, which converts to flights miles, and so on. The cardholder can earn vacations, rentals, cruises, flights, merchandise and so forth for using the card. In addition, the providers offer “Complimentary Hilton Honors Silver VIP status of the duration of one year of membership. There are Visa Signature Benefits, and additional cards are accessible at no additional charges. Furthermore, there are no annual fees, and the introductory is 2.99% APR up to six months, with the Standard Purchases being 16.99% APR, and balance transfers 2.99% APR up to six months.

Considering the rewards, this particular card sounds appealing. However, after the introductory has ended, the cardholder will pay 16.99% per purchase.
The balance transferring APR is 2.99% APR for the first six months, however, if any balance carries over the introductory the cardholder will pay 16.99% APR. Cash advances, as many other card offerings are relatively high, with rates up to 21.99%. Defaults are also unreasonable, measuring 30.99% APR. Variable Rates on the cards on balance transfers are “U.S. Prime Rate” plus another 9.99% APR. The grace period is 20 days, making it essential for the cardholder to pay the debt to avoid defaults. There are also finance charges, APR on cash advances, and late fees.

The Citi Driver’s Edge MasterCard is for students, and offers $0 Liability on fraud charges, redeemable rebates on services, repairs, and maintenance of vehicles owned by the cardholder. Redeemable rebates on gift cards, travel, merchandise, and other “Thank you Network.” Other redeemable rebates include, leasing or purchasing new vehicles, miles driven, and 1% rebates on additional purchases. Students can earn 3% rebate on purchases made at pharmacies, gas stations, or supermarkets. For the first six months the student will not be charged APR. There are 0% annual rates and 0% balance transfers on the card up to six months. After the introductory trial, the APR is the standard rates of 16.99%.

The Citi Dividend Platinum Select MasterCard offers $0 Liability on fraudulent charges, FREE Photo card option, unlimited cash rewards under the Cit Dividend Merchant Network, and cash back on entitled to cash advances and balance transfers. Cardholders’ can also enjoy 1% cash rewards on other various purchases, and 5% back on purchases made at pharmacies, supermarkets, and gas stations. There are no annual fees, 0 balance transfer for the first year of membership, and a standard purchasing plan of 12.49% APR. The card includes additional fees like any other card, but it offers 30.99% APR on defaults, which is a percentage below other types of cards.

The Citi mtvU Platinum Select Visa Card for students offers 0% APR up to six months on cash advances. This is a great deal, since nearly all cards charge high APR on cash advances. The students can earn as much as 2000 “Thank You Points twice a year” for their grade point average, providing it is good.
 Students can enjoy redeemable gift cards, travel, merchandise and other “thank you network rewards while using the cards. There is a 10% discount for purchases or visits to “mtvshop, mtv.com and the MTV Store located in New York. Students can also earn as much as 75000 “thank you points” per year.

Each cardholder receives 1 point per dollar spent on any other purchase, as well as 5 points per dollar spent at bookstores, movies, video rentals, restaurants, and record stores. They will receive 25 points each month for paying their card off on time, and not going over the cards limit. Finally, the student can enjoy as much as 2000 points for good grade point averages.

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