Whether you choose credit card rewards or cash back depends on your needs and what program you’ll find the most use for. 소액결제 현금화 There are three main factors to consider as you compare credit card incentives:

1. Your spending habits. The best way to get maximum value from your credit card rewards is to receive enhanced rewards for the spending you do most.

For example, some cards, like the Capital One SavorOne Rewards, offer 3% cash back on dining, entertainment, and groceries. Everything else pays 1% cash back. If you spend most of your money on streaming services and at the grocery store, this can be a good way to rapidly amass cash back.

Other cards offer travel rewards that might be more valuable, especially if you know you’ll travel. Perhaps you earn three points for every dollar you spend on travel purchases, or when you use the card to purchase airfare with a specific airline.

Later, if you redeem your travel rewards through a specific process, you might get even better redemption. For example, the Chase Sapphire Preferred earns five points for each dollar on travel purchased through its Chase Ultimate Rewards program. The redemption rate is also 25% better through that portal.

Think about how you spend your money. Choose a card that rewards you best for each purchase you make.

2. How you use rewards. When choosing the best rewards credit card for you, think about whether you’ll use the rewards. If you don’t travel much, it doesn’t do much good to get a travel rewards card. Using a cash back card to reduce the cost of your regular purchases might make more sense.

On the other hand, if your goal is to fly for free and get companion passes or free checked baggage, you might focus on travel rewards.

There are other cards, like the Amazon Prime card, that allow you to choose rewards like special financing on purchases over $150 or the ability to make purchases with points. If you use Amazon regularly and don’t expect to spend much on travel, this can be a good choice.

Review the types of rewards you’re most likely to use with a credit card, whether that’s cash back, travel, or points redemptions.

3. Perks and bonuses. Finally, consider the value (cash equivalent as well as intangible) of those perks and bonuses that come with the credit card. For example, some travel and airline cards offer access to airport lounges. If you travel frequently and want a place to relax, work, and access free food, a card with a lounge perk can make sense. Other cards offer a companion pass each year, making it cheaper to travel. A hotel-branded credit card might come with high-tier status and automatic room upgrades. Think about what matters most to you as you compare offers.

Most rewards and cash back credit cards also offer signing bonuses. Compare the bonuses to see what works best for you. For example, the Chase Sapphire Preferred card offers a 60,000-point bonus when you sign up and meet the spending requirements. When redeemed through Chase Ultimate Rewards for travel (25% bonus), you’ll end up with a value of $750. If you know you’ll travel, that might be more valuable to you than getting a cash back card with a $500 bonus.

With a signing bonus, make sure you can reasonably meet the requirements. It does no good to get a card that offers a big point or mile bonus but requires you to spend an unrealistic amount of money in the first three months of use. In that case, look for one with a less onerous purchase requirement.