In this guide, we will look at the benefits of free annual credit card credits, especially reward point programs and payment method benefits. The guide will give you a sneak peek at those who are considering purchasing a new credit card or are considering changing their card.
As a rule of thumb, no fee cards do not include reward point programs, but they can often give you a payment advantage in stores and at some gas stations. In this case, the payment benefit is a discount that can only be obtained from stores of the same merchant group or affiliates. Reward points cards can be used to earn earned reward points for redeeming a variety of products or services and often include travel insurance.
First, we compare the benefits of annual royalty-free credit cards, then introduce some of these cards, and finally, explore the features and scoring programs of the various reward points.
Annual credit cards and payment benefit
Credit cards are known to have many different benefits in addition to being a mere credit feature. Typical additional benefits that come with credit cards are travel insurance and purchase and product security. In addition, cards can often be used to collect various reward points, ranging from flying points to Zbank points. Credit card prices range from free cards up to hundreds of euros per year for premium cards. Usually the price of a card is in line with the benefits it offers, ie a slightly more expensive card offers more benefits than the one with no annual fee.
Introducing credit cards that offer a payment benefit
The 2% payment benefit is only available at E-money and Shell gas stations. For other purchases, the card gives you a 0.5 percent discount on your total purchases. In other words, E-money is the only payment debit card in Finland whose benefits are not entirely confined to a particular merchant group. Here, for example, it differs from Kesko’s and Good Finance’s cards.
E-money Visa credit cards can be used for credit between € 500 and € 5,000 and are offered for an unpaid payment period of up to 40 days. There is no opening or annual fee for an E-money Visa credit card but when considering a card it is a good idea to consider that in practice the customer has to pay an account fee of $ 2.5 per month. An account maintenance fee will be payable if you have an outstanding balance or transactions in your account. If the invoice includes interest-bearing credit, the account management fee will increase to EUR 3.5. In practice, the annual fee for an E-money Visa credit card is therefore at least EUR 30 ..
If you are a Good Finance customer, you will receive a payment benefit from the Good Finance marketplaces when displaying a debit card or paying with a G-bank debit card that is associated.
One of the Good Finance’s trump cards is the benefits and bonuses that customer owners receive according to different tables. So, when you plan your card, you accumulate bonuses and get a cash payment advantage when dealing with Good Finance stores. This payment benefit is 0.5%.