Cashback, Travel Points, Stocks, Crypto Rewards: What Are You Looking For In 2022?

According to the Consumer Price Index, the annual inflation rate as of January 2022 was 7.5%. Everyday items like groceries, gas, electricity, and clothing cost more and more. 

Cash-Back Rewards

Cash-back credit cards offer cashback on your everyday spending. The rate varies by the type of spending.

Travel Rewards

A travel reward credit card allows cardholders to earn incentives and discounts on travel. These rewards give free stays in your favorite hotel, room upgrades, dining credit, complimentary services like massages, flight upgrades, baggage insurance and more. 

Investing Rewards

Being able to invest in stocks or crypto without making room in the budget sounds like a dream. Cards like the Owner’s Rewards Card offer cashback to buy stock. 

Crypto Rewards

Crypto reward credit cards function like traditional credit cards. However, the only difference is the funds and rewards are digital assets that can be transferred to your digital wallet. 

So, How Do You Pick

Eric Simonson, a certified financial planner from Abundo Wealth, advises clients to pick a card that fits their goals. Of course, you need to have a budget in place and spend responsibly. 

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