Reward credit cards are growing in popularity in the UK. More and more consumers are taking advantage of the benefits they offer simply for using their credit card regularly. It is easy to earn points just for using your credit card for your weekly grocery shop or to fill up your car and you can then exchange these points for a range of benefits including air miles, vouchers or cash back.

Our guide outlines three great reasons why you should look for the best reward credit card.

1. Low interest rates

One of the best reasons to pick reward credit cards is because they offer great interest rates. As well as the ability to earn points towards a range of perks, many reward credit cards also have excellent promotional deals on balance transfers or purchases.

Bear in mind that using reward credit cards for balance transfers may not earn you any points on the balance that you transfer. In addition, if the balance transfer takes you near to the credit limit on your new card you won’t be able to use the card for purchases and so you may not accrue any points.

2. Easy to earn points

As soon as you have received your credit card you can start using it immediately. Whether you’re using credit cards with cashback or you’ve chosen the UK credit cards offering air miles you can begin to accrue rewards straight away.

Most companies simply award points for every pound that you spend on your card whilst others award bonus points for spending at certain retailers.

3. Superb rewards

Depending which reward credit cards you’ve chosen, you can earn some superb rewards. Credit cards with cashback will generally credit your account every quarter with a cash sum based on the amount that you have spent on the card.

Other reward credit cards have a wide range of options that you can choose from. These may include: