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

John Ganotis
Metal Credit Cards You Can Get Right Now
John Ganotis | Jul 26, 2017

Read More
John Ganotis
Review of the Blue Business Plus Credit Card from American Express
John Ganotis | Jul 25, 2017

Read More
John Ganotis
Review of the Amex EveryDay and Amex EveryDay Preferred Credit Cards
John Ganotis | Jul 20, 2017

The Amex EveryDay and EveryDay Preferred Credit Cards are popular reward cards, but is either worth getting? Read our review to find out.

Read More