The First National Bank of Omaha categories for bonus credit card rewards are Travel and Icelandair purchases, depending on the card. When cardholders make purchases that qualify for their First National Bank of Omaha card’s bonus categories, they earn extra rewards compared to the card’s base rewards rate.
First National Bank of Omaha Credit Card Categories for Bonus Rewards
Whether a purchase falls into a card’s bonus categories depends on “Merchant Category Codes,” which are assigned by the major credit card networks to merchants based on what kind of business they conduct. So if a merchant has the MCC for “Travel,” for example, purchases made at that merchant with cards that include “Travel” as a bonus category will earn bonus rewards.
If you’re looking to get a rewards credit card from First National Bank of Omaha, it’s a good idea to pick a card that offers the opportunity to earn bonus rewards in your most frequent purchase categories. Alternatively, you might want to get a card that offers a flat rewards rate on all purchases, like the Ducks Unlimited Credit Card.
FNBO Absolute Rewards for Business points are worth 1 cent per point. For example, 1,000 FNBO Absolute Rewards for Business points have a value of $10. The value of FNBO Absolute Rewards for Business points is the same regardless of how they are redeemed.
There are three different types of credit card rewards: points, miles and cash back. Rewards credit cards are also targeted to three main groups: students, small business owners and people with above-average credit.
Although there are differences between credit card rewards currencies and the ways in which credit card companies dole them out to different groups, the major types of credit card rewards all work pretty much the same way. You’ll earn rewards for...
The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...
WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: Chase Freedom Flex℠, Ducks Unlimited Credit Card, Icelandair Credit Card, Icelandair Credit Card with No Annual Fee, and Yale University Credit Card
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