Reward cards are great, aren’t they? But beware — you may not get everything you expected when you redeem those points
If you’re like me, you treat your reward card like a kind of credit card bank, where you accumulate interest as you pay bills, buy groceries, and rent videos. And sure, it can be pretty sweet when you trade in those points for an upgrade on your next flight to Aruba.
However (and there’s always a however, isn’t there?), you should never lose sight of who you’re dealing with here. Even reward credit card issuers are businesses, and pretty sharp businesses at that. So they’re going to game the system any way they can to make money off you.