Verdict: The Orbitz Rewards Visa card is designed for frequent travelers who prefer using Orbitz.com to book trips. The card has surprisingly great rewards for a card with no annual fee, and it’s definitely worth it if you frequently book through Orbitz and want to redeem rewards exclusively for hotel stays.
Verdict: The JetBlue Card from American Express is good for someone who uses JetBlue services frequently and wants to earn rewards without paying a hefty fee. The card has an annual fee of $40 (waived the first year) and earns up to 8 TrueBlue points per $1 on eligible JetBlue flights and packages.
Want to give your loved ones gifts they’ll appreciate this year without paying cash? Why not put those credit card rewards to use!
Holiday shoppers this year will spend $804.42 on average in 2014, up from $767 last year, according to the National Retail Federation. If you are looking for a way to reduce your holiday bills while taking advantage of all of those rewards you have saved up, this guide will help you maximize your rewards and help you get gifts for everyone on your list.
So, what kind of gifts can you get with your card rewards? Here are some of our favorites.
Important Note: If you are looking to get the most value out of your points, we highly recommend redeeming them for gift cards. With gift cards, you are usually able to redeem your points and get an additional 5 – 20% bonus.
Also, while you’re doing your shopping this holiday season, don’t forget to check for special cash-back opportunities with your credit card and be sure to shop online through your card’s rewards portal, if available. If you shop through Discover’s shopping portal this month you can get up to 25% bonus cash back (5% cash back for shopping online as part of the rotating rewards categories and up to a 20% bonus with ShopDiscover!).
Two years ago, Starwood chose to focus on its most loyal customers who spend at least 50 nights in Starwood locations, offering enhanced benefits and rewards. Here is a look at what you can expect from the program and how to maximize your rewards.
Let’s take a look at your options and examine which actually makes your cash go the farthest when redeeming your rewards.
You can redeem your points for everything from NFL tickets and exclusive experiences to merchandise, and enjoy no annual fee and 10,000 bonus points.
Here’s what you need to know about the NFL Extra Points card in 2013.
Nov 2014 Update: With the iPhone 6, Retina iMac and upcoming iWatch, Apple has an incredibly strong product line up ever this year, which is driving millions of new purchases.
While Apple excels at building great products, the Apple financing through Barclays still leaves a lot to be desired. We’ve updated our review for the 2014 holiday season but our overall verdict remains – if you need to finance your Apple purchases there are better options!
If you are looking to finance an Apple purchase, we now highly recommend the Discover it Card which is offering 0% APR for 14 months on purchases, with no hidden fees of fine print.
Discover it also allows you to earn a 5% cash back bonus when you buy from Apple online through their ShopDiscover program, this can essentially save you $100 or more on a large purchase.
Thinking about applying for the “Special Financing” on Apple.com? You may want to think twice, here’s why applying for the infamous Apple credit card may not be such a good idea.
For 2014, Apple offers two types of credit cards: the Barclaycard for financing purchases and the iTunes Rewards version that earns rather poor rewards. The Barclays Apple Credit Card is easy to qualify for and offers enticing financing options, such as 12 months no interest on an Apple purchase over $999 if paid in full within 12 months.
If you’re thinking about financing an expensive Apple product with this card, WATCH OUT for the fine print. This card is overall a bad choice to finance a large purchase and may end up costing you more than you think.
If you finance an Apple laptop with the Barclaycard, you’re probably interested in taking advance of their no-interest financing.
For purchases under $999 you’ll receive 6 months of no interest if the balance is paid in full within 6 months, while a purchase over $999 qualifies for 12 months of no interest if paid in full within 12 months.
If that sounds like a great deal, consider what happens if you’re even a day late to pay off your balance in full before the promotion period ends. The interest is only deferred and will be added retroactively to your balance while new interest will continue to accrue.
As an example, say you buy a $2,000 laptop with your new Barclays card and receive no-interest for 12 months. When the 12 months is up you still have a balance of $200 remaining. Think you’ll only be paying interest on $200 from here on? Think again.
Interest will be automatically added to your account for the original $2,000 purchase for the past 12 months at a whopping 22.99%!
Your balance is now $660 and interest will continue to accrue until your balance is paid in full.
If you are thinking about applying for the Chevron credit card to save money on gas you may want to think twice before applying. There are quite a few problems with this card that have appeared over the last few years and the program continues to go downhill for 2013.
Chevron and Texaco are major players in the fuel game. Maybe there are places that don’t have Chevron or Texaco stations, but I don’t recall ever being in an area that doesn’t have at least one.
With plenty of locations offered by each company and the fact that gasoline doesn‘t differ greatly from provider to provider, you may be tempted to get a Chevron and Texaco Visa card. They advertise an offer of 10 cents per gallon in fuel credits, which is a strong rebate on the surface but things aren’t always as they first appear.
If you carry a balance on your credit card, a balance transfer can be a great way to save hundreds on interest charges and give yourself the opportunity to pay down your balance. Many credit cards out there offer balance transfer promotions with 0% interest for 6-12 months, although there are some things you definitely need to know to use this strategy effectively.
Here is our complete guide with everything you need to know about balance transfers, updated for 2013!