How Many Types of Rewards Programs Does a Credit Card Provide

Credit cards are an excellent tool for managing our daily expenses. Furthermore, different types of credit cards are available to meet the needs of different people. People usually buy them in order to earn rewards from them. Besides that, rewards continue to tempt people to use credit cards for a variety of reasons. However, you may be skeptical about “How many types of rewards programs does a credit card provide?” If so, you’ve come to the right place. Air Miles, Cashback, Travel Rewards, Shooping discounts, Bonuses, Fuel Surcharge, Reward Points, and many others are the different types of reward programs credit cards provide.

Dive deeper into this article to understand all about How many types of rewards programs does a credit card provide?

Different Types of Reward Programs Credit Cards Provide

Reward ProgramBenefit
RewardsThe rewards can be in the form of travel rewards, shopping vouchers, movie discounts, e-coupons, and many more.
CashbackIt is the amount of money you can get in return for making a payment using a credit card.
Fuel SurchargeFuel up your vehicles and get an instant surcharge of an additional fee.
Air MilesWhile traveling via air you can get a chance to win air miles under the reward program of a credit card.

Credit cards are well-equipped to benefit you in every way. Furthermore, you can use them to earn a variety of rewards. Different credit cards from various banks offer a variety of types of reward programs. Nowadays, banks are providing a number of reward programs in a single credit card. The Corporate Kotak Platinum Credit Card, for example, includes a fuel surcharge, reward points, a railway surcharge, an airport lounge offer, and many other benefits. As a result, all of these rewards programs have been added solely to make credit cards more user-friendly.

Here are the Different Types of Reward Programs Credit Cards Provide:


Most of us use credit cards to get amazing rewards. A reward benefit that came along with the Different Types of Reward Programs Credit Cards Provide can be in the form of cashback or offers. Therefore, you can use them to get a number of exclusive deals. Further, rewards can be in the form of travel, shopping vouchers, movie discounts, e-vouchers, and many more. You can find today that every credit card comes with amazing rewards to attract more customers. It is because rewards are not restricted to just one specific type of payment. You can win rewards while shopping, traveling, watching movies, fuelling up your vehicle, and many others. Moreover, the main thing is that the payment should be made using a credit card to get the reward benefits.

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For example- Almost every credit card offers reward points. However, there are numerous ways to obtain those rewards. Assume you make a travel booking and you get travel rewards for that. However, the rewards can be in any form like vouchers, discounts, or anything else. That further can be redeemed to get exciting offers.


There is a distinction to be made between cashback and reward. Cashback is a sum of money you receive in exchange for paying the full amount. Moreover, cashback is something you are getting in exchange for something. However, with the various types of rewards programs that a credit card offers, you can get cashback in various forms such as filling up your vehicle, paying expenses, and many others. If you’re looking for cash back, check out the Best Cashback & Reward Credit Cards in India.

For example- Cashback is one of the most interesting reward programs. A cashback will help you get in return some amount of money. Let’s say you use a credit card that offers cashback benefits to book a hotel. Further, the amount spends on booking a hotel is INR 20,000. The credit card however provides 2% cashback on booking a hotel. Therefore, you can get up to INR 1500 as cashback for booking a hotel via credit card. Remember the percentage of cashback can be different as per credit cards.

Fuel Surcharge

A fuel surcharge waiver is nothing, just the extra charge levied when you use a credit card to make a fuel payment. Today there are several fuel credit cards available that make fuel purchases easier. However, when you use your credit card to make a fuel purchase an additional fee is charged. Therefore, with the fuel surcharge waiver that additional fee is waived. So, you just need to make the full payment only. It is further useful for people who use a credit card to make fuel purchases. Moreover, there are a number of Best Fuel Credit Cards available in India. You will not only get fuel benefits with them but will also have additional privileges.

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For example- A 1% fuel surcharge is waived with credit cards. However, it is beneficial to those who travel on a daily basis in their own vehicle. So, if you use your credit card to buy fuel, you can avail 1% fuel surcharge. As a result, you can save money on your daily travel costs.

Air Miles

When you look for the Different Types of Reward Programs Credit Cards Provide you can find Air Miles listed in it. Air Miles are what you can accumulate while flying. However, Air Miles is a type of reward point that you can accumulate and then redeem for things like hotel stays, flight ticket discounts, and so on. Moreover, this offer is available for spending with a specific airline or their partners. As a result, if you travel frequently by air, you can save money by taking advantage of these Air Miles rewards. Furthermore, if you are a frequent traveler, these are the Best Air Miles Credit Cards in India to consider.

For example- Nowadays, air travel is more common. As a result, many of us travel by plane for work on a regular basis. Therefore, Air Miles is an excellent option for those. Every time you use a credit card to travel by air, you can earn Air Miles. Furthermore, those Miles can be used to obtain free air tickets, hotel stays, flight booking discounts, and so on.

What are the advantages of different types of reward programs credit cards provide?

Below are some of the benefits you can get from the rewards provided by credit cards:

  • You can make your travel more convenient and pocket friendly using your travel rewards.
  • Purchase items from major brands and receive a flat discount by using credit card e-vouchers.
  • If you enjoy watching movies, you may be able to get discounts on tickets.
  • Fill up your tank and enjoy the surcharge exemption.
  • Get a chance to win free air or railway tickets via the Different Types of Reward Programs Credit Cards Provide.
  • Travel anywhere in the world or in India and get the ease of making payments.
  • Complimentary domestic and international lounge access.
  • Enjoy dining delights with your loved one.
  • Get a free add-on card for your family and children.
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The benefits of using a credit card are enormous. You can, however, select a card based on your requirements. The market is flooded with a number of the Best Credit Cards that come with a variety of rewards programs. Each credit card offers almost every type of reward, such as travel, shopping, air miles, and so on. Moreover, the different types of rewards programs a credit card provides assist others in saving money. In addition, rewards keep on engaging the customer that’s why banks keep on adding more to a credit card.

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