Q&A Video: How Do I Know If I’ll Earn Rewards Points On This Purchase?

John Ulzheimer

John Ulzheimer | Q&A Videos

Jul 29, 2015

How do you know how many points you’ll earn for a particular credit card purchase? Most rewards credit cards offer 1 point for general spending, but often more for purchases in categories like gas stations and grocery stores.

Credit card issuers assign retailers with what are called “merchant category codes,” which will be used to determine how many points you’ll earn. Be sure to know where your credit cards offer the most rewards so you can always take advantage of them, and take a look at our Editor’s Picks for the Best Rewards Credit Cards of Summer 2015.

Learn all about how rewards points are assigned in our video with credit expert John Ulzheimer.

Was this helpful?

The Insider

Brendan Harkness
Best Balance Transfer Credit Cards – 2017
Brendan Harkness | May 15, 2017

Balance transfers let you move debt from a high-interest account to one with lower (or zero) interest, but which cards have the best offers? Find out here.

Read More
John Ganotis
U.S. Bank Altitude Reserve Visa Infinite Card Review: Is it worth the $400 annual fee?
John Ganotis | May 11, 2017

The U.S. Bank Altitude Reserve Visa Infinite Card has lots of benefits, but is it worth the $400 annual fee? Read our review to decide for yourself.

Read More
John Ganotis
MasterCard® Black Card™ Review: Is it worth the $495 annual fee?
John Ganotis | Mar 01, 2017

The MasterCard® Black Card™ is a metal credit card for people who travel frequently. But are its benefits worth the $495 annual fee?

Read More