What credit bureau does Elan Financial Services use for credit card approval?

Elan Financial Services points are worth 1 cent per point, on average. The value of Elan Financial Services points depends on which Elan Financial Services credit card you have and how you choose to redeem the points. For example, points from Elan Financial Services are worth up to 1 cent each when redeemed for cash back through Elan Financial Services Choose Your Own Rewards.… read full answer

Elan Financial Services Points Value by Redemption Method

Popular Elan Financial Services Credit Cards

• South State Bank Visa Signature® Real Rewards Card
• Comerica Bank Premier Rewards American Express® Card
• Fulton Bank Premier Rewards American Express® Card
• Busey Bank Smart Business Rewards Card
• Bangor Savings Bank Visa® Business Real Rewards Card
• Bremer Bank Visa Business Real Rewards Card

Tips for Maximizing the Value of Elan Financial Services Points

Redeem points for cash back.

Elan Financial Services points are worth the most when redeemed for cash back.

Get a Elan Financial Services credit card.

Using a Elan Financial Services credit card will help you earn Elan Financial Services points faster, especially if it’s one as rewarding as the Comerica Bank Premier Rewards American Express® Card.

Redeem Elan Financial Services points regularly.

Elan Financial Services points expire five years from the end of the quarter in which they are earned.

Read the rewards program rules.

Every credit card with rewards also has rules for when unredeemed earnings could be lost – usually as a result of closing your account or missing payments. Double-checking these details can help you keep every cent of rewards value you earn.

Redeem before closing your account.

Any points you don’t redeem before closing your account will be lost.

You can redeem your Visa Select Card rewards by logging in to your online account or contacting customer service at (800) 558-3424.

Here's how to redeem your Visa Select Card rewards online:

1. Log in to your online account. If you don't already have one, you can enroll online.
2. Select your Visa Select Rewards Card account.… read full answer
3. Click on the "Rewards & Benefits" option from the navigation menu.
4. Click on "Redeem rewards at Rewards Center" to start redeeming.

You can redeem your points for travel, cash back (statement credits), gift cards, or merchandise. Keep in mind that redemption starts at 2,500 points for $25 cash back. Reward points expire five years from the end of the calendar quarter in which they were earned. But you need to keep your account open and in good standing to earn and redeem rewards.

It takes 1 to 3 business days for a credit card payment to post to your account if you pay online or by phone. Payments by mail will take a few days longer. If your credit card is linked to your checking account and both accounts are from the same bank, your payment may post immediately following the transaction. Your issuer’s payment timelines are included in your monthly statement, or you can call customer service for more information.… read full answer

In order to understand how long it takes an issuer to post your credit card payments, it’s important to know the difference between “credited,” “posted,” and “cleared.” When you submit a payment, the amount is credited, meaning the issuer recognizes you paid it. But it may not post, or be reflected in your available credit, for another day or two. When a payment is cleared, the issuer has actually received the money. As long as your payment is at least credited by the due date, it’s considered on time, assuming the transaction goes through.

To avoid any worry about how long it will take for a credit card payment to post, set up your account for autopay. This feature automatically debits your bank account for a pre-determined amount on the card’s payment due date. As long as you have enough money in the account to cover the transaction, your payments will never be late. You should be able to set up autopay online or by calling your issuer’s customer service department.