What are Credit Card Reward programs?
The best reward credit cards earn either credit card points, hotel points, airline miles, or cash back. You earn these rewards each time you use your rewards card, and you may earn bonus rewards on certain types of purchases. Technically speaking, credit card points are the rewards you earn within a card’s own rewards system. They can be redeemed for travel, statement credits, gift cards, and more. For examples American Express's Membership Rewards® points However, many people also use the term “credit card points” as a catch-all phrase for credit card-based rewards, including hotel and airline miles. Credit card rewards can be very lucrative, especially if you choose the right credit card for your needs and read up on the best ways to earn and redeem credit card points.