Consumer Reports Finds Few Rewards Programs Worthwhile; Names Best Three Cash Rewards Credit Cards
June 25th, 2008 by David Weliver
The July 2008 issue of Consumer Reports dishes out a sobering suggestion regarding consumer rewards programs—namely store-specific rewards credit cards. The advice? Don’t bother.
Consumer Reports names a few cash rewards, gas rewards, and store rewards credit cards as exceptions to the rule, but says rewards programs at businesses—from shoe stores to casinos—tempt consumers to spend more and spend often. Rather than jamming your wallet full of dozens of rewards card, the advocacy publication recommends picking one:
“Carrying the right rewards program cards and ignoring the rest can save you a little money on your purchases as well as some time at the checkout.”
Their picks for the best all-round cash rewards credit cards? We are proud to say they are the same as ours:
