When choosing a credit card, it’s essential to understand which benefits are truly valuable and which are overrated. Many credit cards offer enticing perks, but not all of them deliver real value. One commonly overrated feature is rotating bonus categories, which can lead to uncertainty in earning rewards. While some cards offer high percentages, the categories may not align with your spending habits, making it more beneficial to opt for a card with consistent rewards. Spending credits can also be misleading; while they seem like a good deal, they often come with high annual fees and specific usage restrictions that can make them difficult to redeem effectively. Additionally, bonus rewards for using a card issuer's travel portal can be enticing, but they often result in higher overall costs compared to booking directly with airlines or hotels. Ultimately, it’s crucial to evaluate these benefits carefully to ensure you’re getting a card that truly meets your needs.
Read the full article here.