Experts have said that the bonuses offered with credit cards continue to get better. The perks are higher than ever before and are predicted to keep increasing in 2017. One example is the Chase Sapphire Reserve card, which, although costing $450 per year, offers a limited time sign-up bonus of $1,500. For financially savvy consumers, opening new accounts and cashing in on the benefits could be big business.
Matt Schulz, an expert in the credit card industry, explained that lenders are likely to continue offering increasingly attractive rewards to consumers. Following the introduction of the Chase Sapphire Reserve, Schulz thinks it likely that another lender will soon try to match or top its offering. You don't need to feel that you're missing out if $450 per month is just too high a price for you. More affordable cards still offer perks, too, and since 2010, the average cash-back has tripled to arou...
from MoneyTips http://www.moneytips.com/credit-card-perks-on-the-rise/222
No comments:
Post a Comment