Worldwide, you can go shopping with a credit card as well as book events, rent cars and withdraw cash at cash machines around the globe €“ the amount will be booked off your account at the end of the month. This is convenient and in addition, a little insurance will protect your purchases against theft and damage for some time. A reward credit card will give you these benefits as well: you can pay with it worldwide, there is high security and, like with any other credit card, there will be a credit limit and an annual fee.
The difference of reward credit cards is that there will be discounts on goods and services. These can be for travelling, taking petrol or renting cars. Many providers of reward credit cards will also give you the opportunity to collect points which you can later redeem at different partner businesses. Sometimes, air miles will be offered for them or you can buy goods or give to charity. Otherwise a reward credit card works like a traditional credit card and everybody who uses it should always make sure to keep overview of one’s outgoings to avoid unpleasant surprises at the end of the month.