Majority of Americans Unaware of Their Credit Card Rewards

We all know the value of points, miles, and cash back from credit cards and the great return that you get for the time spent. But apparently we are a minority in the United States. Mos Americans have no clue what cards they carry in their pockets and what benefits they provide.


Princeton Survey Research interviewed 1,003 American adults earlier this month. From the half dozen questions asked about travel rewards, the survey turned up the following:

  • 67% of respondents said they do not have a credit card that offers travel rewards points or airline miles, and only 10% said they have more than one. If you have even a single travel rewards card, you’re already in a 2-to-1 minority.
  • A whopping 79% of travel credit cardholders said they have never transferred credit card rewards points to an airline or hotel loyalty program. (So, even among people who are earning travel rewards, most don’t know how to use them.)
  • One-third of credit cardholders don’t know if their card charges foreign transaction fees.
  • 72% of respondents said they never check to see if credit card companies are offering new or better sign-up bonuses.

Read more here about the research, and keep reading our blog so you don’t become part of the majority 🙂

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