Credit card reward cards are everywhere today, and if you’re looking for a reason to cancel your old card and apply to a rewards program maybe this will convince you:

• Whenever you use the card to pay for something, you get something back in return. Remember how your grandparents always told you that there’s no such thing as a free lunch? Well, maybe there is!
• It’s easy to rack up the rewards. You don’t have to keep track of anything, the company does it all for you.
• Just because the company offers a rewards program doesn’t necessarily mean that you have to fork over annual fees or deal with a higher annual percentage rate (APR). In fact, sometimes they’re lower than the cards that you currently have!
• Depending on the program, sometimes certain purchases qualify for double rewards points.
• There are a ton of different incentives. Whether you want free airline miles, gift certificates or cash back at the end of the year, you can find a company that has the program that you want to participate in.

Credit card reward cards are quite possibly the greatest thing to happen to the industry in recent memory. Make sure you take advantage of them!