Rewards cards are special types of credit or debit cards that offer users points, cash back, or other benefits for making purchases. These rewards can be redeemed for various items, such as travel, merchandise, or discounts on future purchases. Many retailers and financial institutions offer rewards cards to encourage customer loyalty and increase spending.
Typically, rewards cards come with specific terms and conditions, including earning rates and redemption options. Some cards may focus on particular categories, like groceries or travel, while others provide a flat rate on all purchases. Users should compare different rewards programs to find the best fit for their spending habits.