Credit Card eZine - News and Articles about Credit Cards

Being creditworthy really pays today

Wednesday, September 21, 2011

It really pays when you do the right thing. Take credit cards for instance, having a clean credit profile really does help. Those who managed to maintain a squeaky clean credit report during the recession can now jump with joy, as they will get some of the best deals from credit card issuers.

Credit card companies are going all out to woo the creditworthy customers and attract big spenders and those who are regular with their payments. For those with credit scores of more than 700, credit card issuers are offering high rewards bonuses on their cards.

After having looked at over 800 credit card offers, it has been found that there are 338 cards that have initial rewards bonuses. While the perks offered are varied, all of them had initial bonuses that kicked in as soon as you charged a certain amount on your cards within the stipulated introductory period. Out of these 338 products that have been reviewed some of them that stood out were Southwest Airlines Credit Card that offered 50,000 bonus points after you make the first purchase and carried an annual fee of $99. Chase Sapphire Preferred Card offers $625 worth airfare/hotel accommodations or cashback of $500 if you spend $3,000 within the first 3 months. It also charges no annual fee for the first year.

The others such as New Ink Cash Business Card, Chase Freedom Visa, and British Airways Credit Card also have some great offers.