Financial Linked Credit Cards Can Pay Off
By Steven Gibbs
February 11, 2010
When it comes to reward credit cards, research as shown that they are without a doubt one of the most popular types of plastic available. Even during a time where interest rates have been raised and annual fees have been added to many cards, these cards still on many accounts seem to be untouched. Now it seems that one type of reward card seems to be getting more attention than any other around, and those are the ones tied to brokerage accounts.
According to an article on Bankrate.com entitled "Brokerages offer big credit card rewards" people that are looking for great rewards should consider a card that is tied to an investment account. When it comes to rewards cards, while some cards are giving consumers one percent, cardholders with credit cards such as Schwab Bank Invest First Visa Signature card or the Fidelity Investment Rewards American Express are seeing two percent. Not only that, cardholders are also given the ability to switch rewards to focus on many aspects that fit their needs such as investing rewards or college saving rewards (529 account).
While investment reward cards are not for everyone, these types of cards are definitely one to consider if you have a brokerage account. At the moment the cards listed above offer some of the richest rewards programs around, with no annual fees and no caps on the rewards that you can earn.