What are credit card points & how do they work?

When you open a new credit card and use it for a purchase, the credit card company sends you points.

The best way to maximize your points is to use your card frequently and rack up as many rewards as possible.

If you redeem your points for travel rewards or gift cards, you can save a lot of money.

If you’re not sure how to use your points, ask your credit card issuer or visit their website. Many issuers offer helpful tips on their websites.

If you’re new to credit cards, or simply want to brush up on your point earning potential, here’s a quick breakdown of what you can expect from each type of credit card.

How many points is good for a credit card?


That said, some credit cards offer more points per dollar than others.

So, for example, if you have a rewards program that awards 1 point for every $1 spent, then each point would be worth about 0.5 cents.

Ready to start saving?

Let’s get started!