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Finding The Best Reward Credit Cards
By Will Roberts

Reward credit cards come in a variety of forms. Specifically how points toward rewards are earned and the types of rewards that can be earned with a reward credit card varies from card to card.

The rewards offered by reward credit cards are generally related to a special area. For example, some reward credit cards allow cardholders to earn points when making purchases at gas station, supermarkets, or drugstores. The rewards earned are often related to this in some way, such as the cardholder may receive gift certificates to the same types of stores. Similarly, the reward credit card may be related to airline travel. Every time the cardholder makes purchases with a specific airline, he or she ea...
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Credit Q&A: Are Rewards Points Taxable?
NEW YORK (MainStreet) -- Q: I heard that Citi Bank sent 1099 forms to cardholders who earned frequent-flier miles through a special promotion. Are my credit card rewards points taxable? A: Generally speaking, your rewards points aren't going to be taxable if you've earned them by charging purchases to your credit card. High sign-on bonuses may require you to fill out a form for the IRS. As we've ... Read More ...

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