Barclaycard has come out with a new reward scheme for its users, to encourage more credit card usage. This reward scheme is more widespread than any other credit card company.
Barclaycard has signed up more than 30,000 retailers in the United Kingdom for this reward scheme, including retailers such as Shell, Pizza Express and Flight Centre. Barclaycard users will accumulate reward points or reward money when they use the Barclay card at the specified retail outlets. These reward points can be later used to purchase items at a discounted rate. This reward scheme has heralded the entry Barclaycard into the small and medium markets, enabling more business and exposure to its retailers.
On the other hand, users should also check the interest rates and the hidden costs before applying for a card. Though reward points and reward money does seem like a good deal, it is important that the users look at the overall picture before deciding to apply for the card.
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