A rewards catalog is a listing of merchandise that you can buy using rewards points earned through a retailer’s loyalty program or a credit card issuer’s rewards program. The selection of goods available from a rewards catalog will vary by rewards program, but popular options include clothing, electronics and gift cards.
Stores, resorts, brands, restaurants, and credit card issuers often have their own rewards points, which consumers can earn by making purchases – at certain stores, in certain categories, or just spending overall. Many have online “shopping malls” that serve as rewards catalogs, where you can see what your rewards can get you and how many rewards units each item will cost.
Often, you won’t get a great return by using a rewards catalog. A lot of credit card issuers will make your points worth less when redeeming for merchandise than when redeeming for something like travel or cash back. And they may also mark up the prices of items in their rewards catalog compared to the prices you’d find in stores.
So make sure you’re aware of the value you’re getting before spending your points. You may be better off getting a cash reward and using that cash to buy the same item or a similar one.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines
. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.