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What To Look For In Credit Card Travel Rewards
By Morgan Hamilton

With the use of credit cards becoming mainstream, credit card companies are looking for ways to make their card stand out in the crowd. They want to entice customers to chose their card over someone else's by offering customers the chance to earn rewards for what they spend. A popular reward is for travel. Most travel rewards center around air travel, but there are many different types of air travel rewards.

Travel rewards usually work on the basis of earning points or miles from the purchases you make on your credit card. Some rewards work towards discounts off air travel, while others offer a chance to earn free airline tickets. Other rewards that may be offered are car rental di...
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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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