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The best way to use credit card points is for travel purchases, according to a WalletHub research. That’s because issuers usually offer the best value on this particular category.
However, the best way to use credit card points will vary depending on what credit card you have. Your points could be worth just as much (or even more) in cash back or gift cards. So, it’s a good idea to check the value of all the redemption methods before you redeem your points.
The best way to find out what your points are worth is to log into your credit card account online. Then, look for a rewards redemption section, and see how many points are needed for merchandise, cash back, gift cards, and travel. Then, find out how much you’d pay for those things outside of the redemption portal and do a points-to-dollars comparison. For example, if 100 points gets you 75 cents of a gift card, or $1 in plane tickets, you should go with the plane ticket.
Popular Rewards Credit Cards in October 2025 from Our Partners
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Everyday Cash Back
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Bonus Cash Back
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Bonus Miles
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Bonus Points
People also ask
How do you redeem credit card rewards?
You can redeem your credit card rewards online, through the issuer’s mobile app, or over the phone, depending on the card. The most common credit card rewards redemption options include cash back, travel purchases, and gift cards.
Once you redeem your credit card rewards, they’ll be subtracted from your rewards balance immediately. If you wish to redeem your rewards for a statement credit, it will generally be credited to your account within 2-3...
read full answer by WalletHub, Financial CompanyHow much are Visa rewards points worth?
Visa rewards points are worth around 1 cent each, on average, depending on the specific credit card and how you redeem the points. While Visa itself doesn't issue rewards, many credit cards on the Visa network do—through banks and credit unions that manage their own rewards programs.
Point Values for Popular Visa Credit Cards
| Visa Credit Card | Issuer | Point Value | ... |
Which is better, cash back or travel rewards?
Choosing between cash back rewards and travel rewards ultimately comes down to your spending preferences, the perks that specific cards offer, and how you plan to redeem rewards earnings. In general, people looking for flexible redemption options and rewards with clear values that can’t be changed by the card’s issuer should choose cash back rewards. But frequent travelers who enjoy perks such as free flights, airport lounge access, and hotel room upgrades have the chance to earn more...
read full answer by WalletHub, Financial CompanyDid we answer your question?
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