What determines the best credit card rewards for you – is you: your needs, your habits, and your credit history. In general, getting cash back will get you as much value with the most flexibility over reward points. Here are some of the basics you should understand about rewards programs reported by Forbes.com’s Moneybuilder.
Points – Generally worth a penny right now, but this is subject to change at any time.
Bonus Points – Often as an introductory offer, or for certain categories of purchase.
Limitations – The time for which an offer is available, what types of purchases accrue points, the minimum amount you have to spend before you start accruing points, the maximum number of points you can accrue, etc.