{"id":2017,"date":"2022-02-04T05:09:00","date_gmt":"2022-02-04T05:09:00","guid":{"rendered":"https:\/\/bioswikis.net\/?p=2017"},"modified":"2023-07-21T13:13:53","modified_gmt":"2023-07-21T07:43:53","slug":"how-do-credit-card-reward-points-work","status":"publish","type":"post","link":"https:\/\/bioswikis.net\/how-do-credit-card-reward-points-work\/","title":{"rendered":"How Do Credit Card Reward Points Work"},"content":{"rendered":"

Everyone uses credit cards because of their numerous benefits- the freedom of purchasing, convenience, and exciting rewards on every purchase.\u00a0<\/span><\/p>\n

Today, you can <\/span>apply for a credit card online in India<\/b> with virtually any bank or credit card company. If you want to get one, you can do so online without the hassle of paperwork, and your card will be ready to use in just a few days. If you plan to get one mainly for saving money with rewards, this article is for you.<\/span><\/p>\n

The reward point system for credit cards differs among banks. From accumulating reward points to redeeming them, the process can be different each time. To help you, here is a guide on how reward points on credit cards work.\u00a0<\/span><\/p>\n

Accumulating Reward Points<\/b><\/p>\n

For most credit cards, you get reward points every time you pay using your card. Typically, the amount of reward points you get is proportional to how much you spend. However, sometimes there is a cap on the number of reward points per purchase.\u00a0<\/span><\/p>\n

Here are some scenarios in which you get reward points:<\/span><\/p>\n