Credit Cards For People With No Credit History And More…

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Get Paid To Use Your Reward Credit Cards

Posted on November 17, 2009 by Christopher

There are a wide variety of rewards credit cards on the market, especially with people who have good or excellent credit. All cards mentioned also have a convenient online application process. Even people who do not want or need to carry a balance can benefit from paying for their bills and other purchases with reward credit cards, then reaping the gifts and other free services built up.

 

People with good or excellent credit can enjoy one of American Express’ prestigious cards. The Preferred Rewards Gold Card, which must be paid in full every month, has no pre-set spending limit. In addition, there is no annual fee for the first year; after that the annual fee is $125. Cardholders are eligible for special Gold Card events nationwide, which include but are not limited to special ticketing for a number of sporting events, concerts, and other entertainment and recreation events.

 

In addition, the Preferred Rewards Gold Card has a special Membership Rewards program, where points toward a variety of gifts and benefits are accrued for each dollar spent. Potential rewards include travel, recreation and entertainment, and shopping. In addition, for spending $500 in the first three months of the card, the new American Express customer earns enough points for a free $100 gift card.

 

Capital One offers rewards products for people with average credit. One of the reward credit cards offered by this company is the Capital One No Hassle Points Rewards MasterCard. Their rewards program earns three points for each dollar spent at selected grocery stores, gas stations, and drugstores. All other purchases accrue one point per dollar spent. The points can be redeemed for a variety of benefits and gifts.

 

The Capital One No Hassle Points Rewards has a $29 annual fee, and a zero percent interest rate for the first six months. After that introductory period expires, the APR is a variable 16.9 percent. In addition, the starting credit limit ranges from $300 to $3,000. Capital One defines average credit as a consumer who has less than three years of credit history and may have been late on a credit card or loan payment once in the past six months, so many people should be able to meet or exceed these basic requirements.

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