OVERVIEW
Rewards programs are one of the most common ways that credit card companies allow their customers to get the most out of the money that they spend. There are several different ways that you may earn cash and bonuses by using rewards credit cards. Let’s take a look at the different types of rewards credit cards that are available.
Cash Back Credit Cards
A cash back credit card can be a great way to save a lot of money. These cards are perhaps the simplest of all rewards cards. With a cash back credit card, you are given back a percentage of the money that you spend on your credit card each month. There are some differences between the different types of cash back cards. Some of them may offer more money back on different types of purchases. Others will offer you more cash back once you hit higher tiers of spending. However, many of these cards also have recurring annual fees. Be sure to check what kinds of fees your card has before you commit to it.
Points Credit Cards
Points cards are different from cash back cards in that instead of giving you cash back, you’re given points that can be exchanged for goods and services. Although the points roughly have some cash value, you may be able to get more for your points from certain companies that the credit card company has in their catalog. You can often use your points for things such as gift cards, phones, gas and plane tickets. The terms of these cards can vary greatly. Make sure you know whether or not your points expire. Additionally, although it isn’t as common of a practice as with cash back cards, you may be charged an annual fee with a points credit card.
Travel Credit Cards
Hotels, restaurants and airlines have worked together with credit card companies to make some great deals for frequent travelers. You may get cash back, points or discounted rates with specific hotels. Many hotels even offer their own cards as an incentive to stay with that chain wherever you travel. Like cash back cards, these cards also commonly come with annual fees.
Retail Credit Cards
Many major retailers offer their own credit cards. This can be a great deal if you frequently shop at a specific chain. These cards will typically give you points or cash back that can be redeemed at their stores. Additionally, you will often be rewarded with extra cash back or points when buying things from their stores. Although there are fewer annual fees with these cards, many of them have high interest rates.
Rewards credit cards are a great way to help you get more value from the money that you spend. Although annual fees may negate the value of these cards for some consumers, many people can save a huge amount of money with them. Before getting a rewards credit card, carefully consider your spending habits to make sure that you will be getting the most out of it.
When it comes to premium credit cards, the AMEX Platinum Card stands out as a symbol of luxury and unparalleled benefits. While many people are familiar with the card’s basic perks, such as earning points and airport lounge access, there are several lesser-known advantages that can truly enhance your experience. Ready to dig deeper and uncover some hidden gems? Let’s dive in and explore three cool perks you might not have known about!
Unveil the Hidden Benefits of the AMEX Platinum Card
The AMEX Platinum Card is renowned for its luxurious offerings, but there’s more beneath the surface that many cardholders might miss out on. Beyond the obvious travel rewards and exclusive access to airport lounges, the Platinum Card comes with a suite of benefits designed to make your life more comfortable and enjoyable. Whether you’re a frequent traveler or a stay-at-home aficionado, these hidden benefits are certain to impress.
For instance, did you know about the card’s extensive concierge service? This isn’t just your ordinary customer service – the AMEX Platinum Concierge can assist you with everything from securing hard-to-get dinner reservations to planning bespoke vacation experiences tailored to your preferences. It’s like having a personal assistant ready to fulfill your every whim, making your life smoother and infinitely more enjoyable.
Another overlooked benefit is the various statement credits that can significantly offset the card’s hefty annual fee. These credits cover a range of services, from airline incidental fees and Uber rides to streaming subscriptions and fitness memberships. When utilized effectively, these credits not only enhance your lifestyle but also offer significant savings, making the Platinum Card an even more valuable asset in your wallet.
Top 3 Cool Perks You Didn’t Know About!
1. Global Dining Collection
One of the coolest perks of the AMEX Platinum Card is access to the Global Dining Collection. This exclusive program connects cardholders with some of the world’s top restaurants, offering unique culinary experiences curated especially for Platinum members. This isn’t just about getting a reservation; it’s about gaining access to chef’s tables, personalized tasting menus, and even meet-and-greet opportunities with world-renowned chefs.
Imagine impressing your friends or a date by not only securing a reservation at a Michelin-starred restaurant but also enjoying a customized dining experience that few others can access. Plus, in select locations, you can also earn extra Membership Rewards points on dining purchases, making it a win-win for both your palate and your points balance.
2. Fine Hotels & Resorts Program
The Fine Hotels & Resorts Program is another hidden gem that often flies under the radar. Platinum Cardholders receive complimentary benefits at over 1,000 luxury properties worldwide when booking through this program. These benefits can include room upgrades upon arrival (when available), daily breakfast for two, early check-in and late check-out, and even unique property amenities worth up to $100.
These perks can significantly enhance your hotel experience, turning a regular stay into an unforgettable one. Whether you’re traveling for business or pleasure, these added benefits not only provide comfort and convenience but also add a touch of luxury that makes every trip special. It’s like having a VIP pass to some of the world’s most prestigious hotels and resorts.
3. Premium Car Rental Privileges
The Platinum Card also offers exceptional benefits when it comes to car rentals. Cardholders enjoy elite status with several prominent car rental companies, including Hertz, Avis, and National Car Rental. This means you can skip the lines, access vehicle upgrades, and benefit from faster pick-up and drop-off processes, making your travel experience seamless and hassle-free.
But the perks don’t stop there. The card also includes premium insurance coverage for rental cars, offering peace of mind while you’re on the road. Whether you’re renting a car for a quick weekend getaway or an extended road trip, these privileges ensure that you travel in style and comfort, enjoying every moment behind the wheel.
The AMEX Platinum Card goes beyond the basics to offer a range of extraordinary benefits that can truly enrich your lifestyle. From exclusive dining experiences and luxury hotel perks to premium car rental privileges, these hidden gems make the card a valuable companion for both everyday and extraordinary moments. So next time you reach for your Platinum Card, remember that there’s more to it than meets the eye – and take advantage of these incredible perks to elevate your experience. Happy exploring!