Weigh the Value of Rewards
Weigh the value of rewards. This offer may seem very enticing because you will be ‘rewarded’ when you make purchases that you were planning on buying anyway, all you need to do is pay with this reward card instead of with cash or a debit card.
However, these rewards only make sense if you use your credit card A LOT. These reward cards usually have higher interest rates and higher annual fees than other credit cards. It is possible that the rewards that you are receiving are worth the same or even less than what you are paying in fees and interest rates and it would have made more sense if you had purchased the ‘rewards’ on your own instead of getting them through the credit card company.