Question: Who Has the Best Credit Card Rewards Program?

Nice WSJ article showing the value of comparison shopping when it comes to credit card rewards programs:

With cash-back rewards cards, card issuers pay a certain percentage of the dollar amount that cardholders spend with their card. On average that figure was just shy of 1% during the fourth quarter of 2014, according to credit-card comparison website  But consumers will find a growing list of cards that offer more.

Why are these cash rewards program so valued by cardholders?

Many credit-card issuers also offer points or miles in exchange for dollars spent, but with those types of cards, the amount the points and miles are worth when they are redeemed can be reduced at any point in time. With cash-back programs, consumers are told what percentage of each dollar spent they get back and that dollar amount cannot be devalued, says Odysseas Papadimitriou, chief executive at

Read the article to find out the three card companies whose rewards programs are quite a bit better than the average!


Check out the NGPF Lesson on Selecting a Credit Card