The Amazon family has earned itself quite a reputation over the years and with the success of its Kindle and Fire tablets, it looks like the e-book retail business is gearing up for even bigger things. Amazon recently purchased the acquisition of ClickBank, a mobile marketplace that specializes in helping buyers find products to purchase online. This acquisition could mean many things including the potential opportunity to expand into the field of pay per click advertising through an application on the web. This move comes as no surprise since ClickBank was recently valued at a whopping $50 million. If you have any thoughts on how the digital market space is evolving and how you can get involved, now might be the time to invest in Amazon.
The most important factor for any rewards card or cash back program is the type of incentives you receive. Rewards cards and cash back programs are all about how you use your card or the cash back value and incentives it can bring to the table. Is it mainly about merchandise purchases? Is it primarily designed to help consumers save money? These are the questions that will ultimately determine whether or not an investment in a rewards card or cash back program is worthwhile.
In my opinion, the biggest benefit to using Amazon cards or Amazon gift cards is the cash back programs. I have already talked about how this can help you save money but what you must also keep in mind is that the free gift cards and discount codes can often times be used towards future purchases as well. This makes the offer a win/win. Not only do you get something for nothing, but also you save money. Not a bad deal, right?
In addition to the cash-back rewards, another benefit to Amazon cards is the no annual fee and foreign transaction fees that they offer. The no annual fee means that once you make your purchase with your card, you will never be billed for a payment again. Annual fee means that you have to pay a certain amount of money each year, usually around $100, in order to maintain your account. Foreign transaction fees are charged by many companies who processed your credit card, which means that by using the cards overseas, you will eliminate those fees.
If you do not use your credit card enough or frequently, you may want to consider other rewards or incentive programs. For example, some credit card companies offer incentives for gas purchases. If you drive a lot or use public transportation, you may also qualify for gasoline rebates or other discounts. As you look for the best card that offers the most benefits, you need to keep in mind that the cards that offer the lowest interest rates are the best ones to apply for.
One great reason to apply for these cards is the ability to earn miles. Travel rewards cards are very popular and they come in all shapes and sizes. Some credit cards give double points on airline tickets if you use them at certain merchants. Other credit cards give cash-back bonuses when you shop at certain retailers. Look at all the options available and determine which ones offer the best cash-back or reward programs to make sure you get the most out of your credit cards.
It is important to remember that when you are working toward a prime card that you should always work to get the most out of it. The higher your credit limit is, the better chance you have to make larger purchases. You can earn more points with a higher credit limit. Also, the lower your balance, the better off you are. Use this as a way to pay down your debt as soon as possible since you will not be paying interest payments.
If you are interested in trying out Amazon, please take a look at the links below. We found Amazons, (slogan: “It's all about the swag”) the number one travel rewards card, along with partner card from Swagbucks, (slogan: “10 gift cards worldwide” etc.). You can also check out our review of ibotta student credit cards.