Is a Rewards Credit Card Worth Having in 2024?

April 4, 2024 By: Anna C. - CreditMonarch Online Writer01 comments

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If you pay your credit card bill in full every month, you can enjoy credit card rewards. By doing that, you can avoid paying credit card interest on your purchases. Rewards are great because they give you value back for every eligible purchase, all because you paid with a credit card.

Look at it this way, if you didn’t have to put in much effort but just go shopping and get 2%-6% cash back on gas, groceries and other bills, wouldn’t you? You have the chance to obtain exactly that with a rewards credit cards. The only way to come out ahead is if you’re not charged interest. Making sure to pay your bill in full every month and only spend what you can afford is crucial.

The first thing you should do if you’re interested in rewards credit cards is learn how they work. When you use your rewards credit card to make purchases, you typically receive rewards like cash back, points, or miles. The rewards are connected to your credit card account and can be redeemed through the credit card company. Rewards cards have a wide range of options to choose from, and we have recommended the most popular ones below.

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