How to redeem your credit card points
When a customer applies for credit card, one factor other than fee is what is the reward points that one will get for using the credit card.
The offers looks like very tempting for customers and they think they can save a lot. Most of the customers do not know- how to redeem there points and earn back. A customer has to differentiate between cash back offers and rewards points.
Cashback is an instant reward which is given by the credit card company on usage of the card and it reflects in the same month statement.
Where as rewards points are accumulated and then can be redeemed for gift vouchers etc.
Few imp points to remember in rewards points in credit cards –
Check your total reward points on your credit card statement.
You should know, what is the lapsation period of such reward points.
What are the choices available for you to redeem these points at.
On can redeem its rewards points by
- Calling the credit card customer care and asking them options to redeem.
- Check banks website and redeem your points online.
