Other special deals include loyalty schemes which can see credit card holders rewarded when using their card. Frequent flyers, for example, would benefit from credit cards offering air miles.
Many shops are now offering their own credit cards, with the likes of Marks and Spencer getting in on the act. Such companies will be keen for their credit card holders to spend in their stores and as such will offer points or rewards in the shape of vouchers for money off their products. These can prove useful for regular shoppers at such stores – for example a person who does their weekly shop at M&S will soon rack up points, while someone who only occasionally buys from there would be better off looking for an alternative card.
One area in which loyalty cards are becoming popular is in sport and in particular, football. An increasing number of credit card companies are developing football loyalty cards, which can be of huge benefit for fans. Barclaycard, for example, is the major sponsor of the Premiership in England and as such offers 0%interest on purchases of season tickets worth more than £250 for clubs in the top flight.
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