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i applied for a student card

Even though they are the same bank can I open another account with Discover HSBC? I would like to keep both for building credit but the Discover is a much better deal.

My husband runs his own subcontracting business and he is needing to apply for a business credit card. I researched some and so far Discover’s business card seems good. Any other ideas?

I have almost zero credit history but I thought that wouldn’t matter since it is a student card. I do have a full time job and a checking and savings account, yet I’ve been denied the Discover student card and the Citi bank student card. Does anyone know what they look for when deciding to approve or deny an application?

If you’re using a rewards credit card it’s important to that you get the best credit card rewards possible. Why? Because if you’re not putting your rewards to work for you, you’re technically throwing money away. Here are some factors to consider when looking for the top rewards cards and redeeming your credit card rewards.

Who Doesn’t Love Cash?

Some of the best credit card rewards have nothing to do with points or miles. The best rewards are often cold-hard cash — and who’s complaining? There’s something to be said about getting paid to use your credit card. If you pay your statement in full each month, you won’t be paying interest and you’ll be getting cash back for each purchase you make. It’s like getting paid for good spending habtis.

Double Your Rewards?

Oftentimes the best credit card rewards are rewards that can be doubled. Some credit card companies, such as Discover Card, allow you to double your rewards if you redeem them at participating merchants. For example, if you’ve earned $25 in rewards you’ll be able to get $50 if you use your rewards at a participating store or website. It’s a great way to get more mileage out of the rewards you earn.

No Limits

Not all rewards programs are created equal. The best credit card rewards are unlimited. Some credit card companies cap the amount of points, miles or dollars you can earn each year. If you want to get the most from your credit card spending, opt for a card that doesn’t impose rewards limits.

Understanding Miles vs. Cash vs. Points

Credit card rewards come in different shapes and sizes. Some cards offer miles, others offer cash and others offer points. Finding the best credit card rewards means understanding how to compare the three different types.

Before opting for a points-based card, check to see how many points equal a dollar. To do this, look at a monetary reward (gift cards, etc.) and see how many points are needed to get that card. For example, if 2500 points are needed for a $25 gift card, it takes 100 points to earn $1. Miles-based rewards, as a general rule, are worth from 3 to 9 cents per mile depending on how you use them.

If you’re going to opt for a rewards card, why not make the most of the rewards you get? While getting the best credit card rewards takes a bit of research and some proper planning, it will be well worth it when you see your rewards stretching further and further.