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Visa Card Rewards - The Top Visa Card Rewards - How to Compare Visa Reward Cards, Determine the Value of the Rewards

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You would never know that the United States was in a recession with all the credit cards that continue to be available. The sheer choice makes it difficult to determine which card is the most beneficial for a particular income-level, lifestyle, and personal preferences.

Some of the most appealing credit cards are Visa rewards cards. Visa rewards cards come in several varieties depending on which lender or bank it is coming from. Some of the most popular visa card rewards include the following:

• Cash Back Rewards
• Point-based Rewards
• Gas Rewards
• Airline and Travel Rewards
• Dining Rewards
• Auto Rewards
• Shopping Rewards
• Sports Rewards

These types of cards offer cardholders great incentives for making purchases with their Visa card. Each purchase allows the cardholder to accumulate monetary or point rewards until they have enough to receive free merchandise or services. Instead of offering gifts, some rewards cards offer cash back when using the card for the reward specialty.

How to Compare Visa Reward Cards

Comparing Visa card rewards can be a grueling experience. It definitely takes both time and effort. The time and effort involved, however, can be advantageous in maximizing the rewards and the value of the rewards received from your Visa card. Here are some tips for finding the best Visa reward cards:

Determine the Value of the Rewards

This is one of the most difficult tasks. Each type of reward, though, has a value. If using a frequent flyer miles or point system, it is necessary to take a look at the gift or reward you want to receive and find out how many points or miles it takes to get it. Next, you will have to look up the value of the item if you were to buy it. Once you have this information, you can determine how much each point is worth. The average is about one cent, but it can go as low as 1/10th cent.

Once the value of the points or miles has been determined, it is necessary to compare how many points or miles are received for each dollar spent on the card. For cards that offer multiple points per dollar instead of just one, value must be added per point.

The value of rewards is more easily determined for cash back visa reward cards. To determine the best value for these, it is only necessary to find out how much you usually spend on the merchandise or service that gives cash back. By choosing a card that gives the highest percentage on a category in which you spend the most money per month, rewards can be maximized.

The Top Visa Rewards Cards

Some of the best rewards cards by Visa include the following:

Capital One Venture Rewards – This card accumulates miles at the rate of 2 per dollar spent. A 10,000 mile bonus is given for spending $1,000 in the first three months. Miles never expire and there is never a limit on earning miles. The card also features a low regular APR.

BankAmericard Power Rewards Visa – This card accumulates points at the rate of 3 per dollar spent on groceries, gas, and pharmacy purchases for the first 3 months, and 1 point per dollar on everything else, at all other times. Rewards can be redeemed for travel, merchandise, cash, or gift certificates.

Citi Forward Card – With this card, you can earn 5 points per dollar spent on restaurants and entertainment in the first year and 1 point per dollar on other purchases after the first year. A bonus of 8,500 points is available for spending only $250 in the first 3 months and using paperless billing statements.

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