What is the difference between a regular credit card and a rewards credit card?

The primary difference between a regular credit card and a rewards credit card is the rewards they offer. A regular credit card does not offer any rewards, but may have a lower interest rate or annual fee than a rewards credit card. A rewards credit card, on the other hand, allows cardholders to earn points, cash back, discounts, and other types of rewards for their spending. Typically, rewards credit cards come with higher interest rates and annual fees than regular credit cards. Additionally, different rewards credit cards offer different types of rewards, so it is important to read the cardholder agreements carefully to understand exactly what rewards are offered. For example, some credit cards may offer cash-back rewards, while others may offer points that can be used for travel or purchases. Under the laws of New York, credit card companies must provide consumers with information about any and all rewards offered by their credit cards, as well as any fees associated with the cards. It is important for consumers to read this information carefully to ensure they are getting the best deal. Additionally, consumers should shop around to compare different cards to make sure they are getting the best rewards for their spending.

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What is the difference between a regular credit card and a rewards credit card?

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