The Speedway Reward Card is for those applicants who have very good credit and make purchases frequently at Speedway SuperAmerica stores. With this program, a 1% rebate is earned on all general purchases, and a 4% rebate is earned for purchases that are made at Speedway SuperAmerica stores. During the first sixty days purchases at Speedway SuperAmerica stores will earn an 8% rebate. All rebates are applied directly to the cardholder’s account and can be used to purchase free gasoline. There is no annual limit to the amount of rebates that can be earned, but any unused rebates expire after a year.

The Speedway Reward Card has an introductory rate of 0% that applies to both purchases and balance transfers for up six months with no annual fee based on the applicant’s credit history. After the introductory period, purchases are charged at a rate of 17.99% variable and cash advances 23.99% variable based on the Prime Rate. The card carries a 3% balance transfer fee with a minimum of $5 up to a maximum of $75 and a cash advance fee of 3% with a minimum of $10. The balance transfer fee may be reduced or waived at Chase’s discretion. Finance charges are calculated on a two-cycle average daily balance formula.

The Speedway Reward Card provides the most benefits for those who qualify for the lowest rate, plans to pay in full after the introductory rate expires, and will use the card frequently to make purchases at Speedway SuperAmerica stores.

The benefits a cardholder can derive from this card include the following:

• Online access to account information

• Reporting of lost and stolen cards

• Emergency cash and card replacement

• Emergency assistance and travel related services

• Financial statement at year’s end upon request

• Extended warranty for purchases made with the card

• Purchase protection

• Roadside assistance

• Travel accident insurance up to $500,000

• Insurance for rental car

• Lost luggage insurance up to $3,000

• No liability to the cardholder for unauthorized transactions

The Speedway SuperAmerica Platinum MasterCard by Chase targets consumers who reside in the Midwest region and who frequent Speedway, SuperAmerica or RichOil stores.

Rebates of 8% are credited into card holder accounts directly for all purchases made with the Speedway Reward Card at SuperAmerica stores during the first 60 days of membership. Subsequently, cardholders are also eligible for a 4% rebate on their Speedway SuperAmerica purchases and a 1% rebate on all other purchases. These rebates expire in twelve months unless they are redeemed for free gasoline. However there is no limit to the rebates that can be earned.

On the flip side, the card imposes a steep interest rate in comparison to other reward cards of a similar genre. Furthermore, finance charges are configured according to the “Two Cycles Average Daily Balance” which works out to higher charges as compared to than the “Average Daily Balance” configuration used on most cards. However, there is a six-month long interest-free introductory period for both purchases and balance transfers. Also, this credit card does not require any annual fees to be paid.

Moreover, cardholders of the Speedway Reward Card can also expect common platinum cardholder benefits offered such as travel accident insurance of up to $500,000, auto rental insurance and purchase protection plans. Members are eligible for discounts at various merchants, with the full list participating retailers listed on the Chase Manhattan website.

In conclusion, the Speedway Reward Card is ideal for residents in the Midwest who often shop at Speedway & SuperAmerica locations and who own a motor vehicle. This consumer group would stand to benefit the most from the reward program. However, those who plan not to pay off their outstanding balances should look at other offers as the finance charge and the interest rates for this card would strip away any potential benefits.

If you are a frequent traveller and an avid credit card user, getting an airline reward card can bring forth many special benefits. As each airline reward card has something different to offer, it is this disparity that customers should take full advantage of when using their card.

Airline reward cards usually allow you collect mileage points by charging ticket purchases to your card. Generally, a dollar earns you a mileage point. When you have collected 24000 mileage points, you can redeem a ‘free’ airline ticket to any destination within the United States. Apart from that, you can also collect points from making general purchases with your card like buying brand merchandize, eating at selected restaurants and even buying gas. Of course, the amount of points you can collect for each dollar you spend differs with each reward card. There are also cards that allow you to collect mileage for every mile you (and your companion, in some cases) have travelled. Furthermore, some cards immediately award you with a few thousand points the moment your card application has been approved.

Now, does it sound like it’s a little too easy to gain your mileage points? It makes you wonder if anyone will lose out on this deal apart from the company, until you realize just how hard it is to actually reach that 24000 mileage point mark. To make it even harder, certain airlines only allow you to redeem points and the free tickets from them or their airline partners. This will greatly limit your travelling freedom.

What’s more, some airlines predetermine particular travel periods when free ticket redemptions are not allowed. These periods are known as ‘blackout dates’ and usually coincides with peak travelling seasons. You still can fly but you won’t be travelling on a free ticket. Based on the notion that not all airline reward cards are equal, you as the consumer should exercise your right to pick the best airline reward card for all your travelling needs. If you are a well-planned spender, your mileage points may even get you free car rentals, hotel rooms or even a class upgrade in your next flight out.

Today it takes a bit more thought to make the most of mileage rewards. You not only need to know how many miles will earn you free travel but if and when your miles expire, if blackout dates apply or if there are any caps that may affect the type or price of the ticket or destination you would like to visit.

Annual Fee versus No Fee Cards
One of the first things to consider is whether there is an annual fee applied to the card. It doesn’t make much sense to work toward a travel reward if the annual fee is more than the free or reduced travel. Some cards charge as much as $75 which would mean you have to charge $8,000 annually just to break even with your earned reward miles. If you find that a card with an annual fee will earn the best mile rewards, be sure you never carry a balance as the interest paid will also offset your rewards.

Annual Percentage Interest Rates
Interest rates are extremely important, if you typically carry a balance. In fact, it would be wise to consider whether using this type of card is in your best financial interest. However, if you are able to pay off your balance most months, than be sure to find the lowest APR available and be sure to take advantage of 0% introductory periods. It is essential to do a cost benefit analysis on the various available airline credit cards before selecting one.

Frequent Flyer Miles or Airline Miles Credit Cards
The big difference here is whether you’re interested in traveling with one specific airline or whether you’d like to shop around for the best rates for your destination. Be sure to examine all the fine print before deciding. Regardless of which type you choose, the points or miles earned typically equal one mile for each dollar spent with some offering double-point opportunities.

Airline Miles Reward cards are issued by most major credit card companies and banks and allow miles to be earned on all purchases made with the card. The biggest advantage is that you can redeem your points for travel on any airline.

Frequent Flyer Credit cards are issued by a specific airline. These cards allow you to earn frequent flyer miles to be used when traveling with their airline. To encourage you to participate, these cards often offer bonus miles just for opening up an account. It’s not unusual for the bonus to be 7,500 miles or more which can kick-start your efforts and help you earn that trip much sooner.

Earning Points
The percentage you can earn on your purchases is between 1% and 6% with an average of 3%. At the higher level it is usually an introductory offer which lowers over time. Most mile cards require a minimum of 25,000 points to get a ticket. A few offer a one-way ticket for as little as 14,000 points. Look for opportunities to earn double points and a particularly good value is the bonus that is often attached to introductory offers. Most cards have a cap on the number of points that can be accumulated so be sure you understand the fine print.

Additional Reward Offers
The rewards you can earn with your airline mile points are not as limited as they once were. Some programs offer other travel benefits to use your points. Look for cards that include discount hotel rooms and car rentals and seat upgrades as redemption rewards.

My husband and I are looking for a new credit card that offers good rewards. We currently have a Citibank Drivers Edge and they have dropped the rewards to only 1% on ALL purchases. The points can no longer be used on paying for vehicle services at the dealership, only if and when we buy a new or used Ford vehicle.

We use our credit card for all our prescription drugs and have a couple automatic payments set up to be charged on the card monthly. On occasion I use the card for groceries. Otherwise it is used for all online purchases.

Please – no lectures about credit cards. We only have one and pay it off monthly. There is no way I am paying that extra 20+%!
I don’t care about the interest rate of the card as it we paid are credit card balance in full monthly.

I have a credit card with Chase and it currently offers 3% reward bonus for everyday purchases. If i add my mother as an authorized user and allow her to pay the house bills, car gas bills, and other bills, will those purchases count towards my rewards bonuses?

also will all the payments made from her card show up on my bill and only my bill? will i be teh one responsible for paying the total bill or will each (me and my mother) be responsible for our own purchases?

like, when you buy something from v.s and you have some reward cards…. can you use them at one purchase?

Credit card companies, in an effort to increase their client base provide credit cards with rewards. Reward cards as they are known bring cashback, shopping discounts, insurance, travel discounts, hotel discounts and discounts on business expenses etc. However, it takes more than a casual effort to get the maximum out of your reward card. This article provides a concise insight on how make the most of your reward card.

Reward cards generally carry a high rate of interest than a non-reward credit card. To avail the benefits of a reward card fully, make sure that you repay your balance in full every month. If you miss on repayments it is very likely that credit card companies won’t reward you.

The cashback mentioned in the reward cards is usually the upper limit. The amount of cash that you will earn will always be less than the mentioned limit unless your spending levels with the credit card are very high. So, it will be better to have a reward card with high cashback limit.

Credit card companies have exclusive tie-ups with stores, vendors, filling stations, airlines, courier companies, hotels, resorts, hospitals etc. To get the benefits of rewards the spending has to be done at those very places mentioned in the credit card, otherwise the rewards might not get credited to your account.

Some credit card companies give initial reward points, travel miles, airmiles or shopping discounts when you make your first purchase but they can be redeemed only when you spend a certain ‘high’ amount of money with your credit card. Make sure that the spending limits are low, so that you don’t have to burn a hole in your pocket before getting a glimpse of that reward.

Credit card companies play the tricky game of reward limits, reward expiry, blackout dates, travel restrictions, etc. to limit the economic impact of rewards on themselves. Getting a feel about these restrictions and how they will affect the reward scheme of credit card will give a picture whether credit card company is duping you or is a genuine reward provider.

Rewards that come with credit card enhance its value and provide additional services and savings for the credit card holder. But, if a credit card holder is not smart enough he might end up paying a high interest rate without getting any reward benefit.

What is the REAL reason why REWARD cards are so desperately being handed out to customers? What do the companies gain for customers purchasing these cards?

When we are hunting for a credit card in the market, the extraordinary features and offers coming with them might attract you to the card. The different types of rewards and the low interest rates are the ones that draw you to a credit card. The ones who own a good credit card have more chances to get a 0% APR reward card. This card has an introductory period that goes with the new reward card.

You must make sure to choose the Reward Credit Card that defines your lifestyle. The world of credit cards is more competitive than ever, and there is a lot you can make out from this competition. The reward cards are the next best things and they are experiencing a popularity that they have never had before. There are a million offers given by credit card companies on the internet. The credit card companies offering the Reward Credit Cards are just a click away. The only thing left to you is the decision that is to be taken by you as to which suits you the best.

The frequent flyers are suggested to find a frequent flyer card, which is very beneficial. These cards will give you a few points with every dollar spent by you. Then, the accumulated miles or points can be used for hotel reservations, rentals and also cruises. These cards will also give you a discount which makes your vacation or even your business trip more comfortable and affordable.

The Reward Credit Card that comes with a cash back feature is one of the most attractive offers and it is a steal, in case you prefer paying all your bills full at the end of every month. Some Reward Cards give you up to 5% cash rewards, which can settle your balances at the end of the year. Make a purchase with a Reward Credit Card, and you can be sure to get money back with every other product you purchase.

There are reward cards that give you a discount on gas purchases; they contribute to your savings. A reward card is meant to fit your interests, no matter what kind of a life you lead. Reward Credit Cards can buy you anything and they give you points, flyer miles, give you a cash back, and what not.

If the idea of getting rewards for purchasing with your credit card sounds enticing, it is suggested that you get your reward card as soon as possible. These cards are fun to have, and they have a very low APR and incentives. They also help save money, for people following a budget. Reward Credit Cards are designed in such a way that everyone is a winner.