Rewards Cards
Rewards cards are a type of credit card that offer cardholders various incentives for using the card. Rewards cards provide individuals with the opportunity to earn rewards, such as points, miles, or cashback, based on their card usage. These rewards can be accumulated and redeemed for a range of benefits, including travel, merchandise, gift cards, or statement credits.
Rewards cards often come with different earning structures and categories. Some cards offer higher rewards rates in specific spending categories, such as groceries, dining, or travel.
Eligibility to Apply
To apply for a Credit Card
- 1 You must typically be at least 18 years old to apply for a credit card.
- 2 A good credit history, including a positive payment history and low credit utilization, may increase your chances of approval.
- 3 A higher credit score generally improves your chances of getting approved for a credit card with favorable terms and conditions.
- 4 You will typically need to provide a valid government-issued identification document, such as a passport or driver's license.