How to make money from your reward credit card
With a range of credit cards on the market offering an array of rewards - such as cash back, discounts, points, and air miles - you can enjoy a range of savings whenever you spend on your reward credit card.
Calculate your credit card reward earnings
If you are looking for a fast, easy, and convenient way to determine which is the best rewards based credit card for you, then look no further as you can now do this with ease and convenience from the comfort of your own home.
A. Frequent flyer mile programs are operated by most - if not all - of the major airlines across the world. In the UK the biggest flyer mile programs are run by British Airways, Virgin Atlantic, bmi and of course AirMiles.
Most major airlines are members of groups of airlines, and as such, many airline flyer mile programs cross over with other airlines. For this reason, you really only need to sign up to one flyer mile program as you'll often be able to earn and spend miles with a number of partner airlines as well as the operating airline. Read the full answer »
A. When you’re not jet setting off to some far flung clime air miles can still be earned on pretty much all of your spending, from filling up on petrol to the latest Plasma TV – that is if you’re paying with an air mile credit card.
In addition to miles earned per pound spent on an air mile credit card, air miles can also be clocked up with partner retailer and companies.
Check the flyer mile program to find out where you can earn additional miles, from extra miles on your grocery shopping to bonuses on hotel stays and car hire.
... Read the full answer »
A. The actual value of an air mile – or a frequent flyer mile – depends largely upon the reward scheme and rewards the mile can be spent with – for example how many miles would you need for a flight to Barcelona?
However, the valuing of a mile also needs to consider how quickly each mile can be earned – in other words, how much would you need to spend to earn enough air miles to fly to Barcelona?
While all this might be making your head spin – there is an easy solution, and while it may not explain the entire in’s and out’s of the calculations, it will tell you how many miles your spending will earn and how much that amount of miles is actually worth in pounds sterling. You can compare air mile credit cards and calculate your air miles earnings here. Read the full answer »
A. The actual amount of air miles you’re likely to earn on an air miles credit card is determined first by the air mile credit card you choose and secondly by your own spending made with the credit card.
To find out how many air miles each credit card offers - and how many air miles you will earn on your spending, compare air mile credit cards and enter how much you spend each month. Read the full answer »
Search FAQ's
Ask a Question
Can't find the answer?
Send in your question and we'll do all we can to help answer it.
Where appropriate user questions will be added to the FAQ's for future use.
