Mint Infographic on Reward Points: The Real Deal

Mint has a new infographic from WallStats that breaks down some of the common “gotchas” on Credit Card & Store Card reward point programs.

Reward points programs can turn saving money on the purchases you make seem like a game. But the game you’re playing is more like skee ball than frisbee. Playing for points means you’ll be tempted to buy things you can’t afford just to acquire points. But even worse is the fact that the game is rigged before you even begin. Most people will never acquire enough points to pay for the luxury items they desire. And many reward programs are deliberately deceptive in describing how they work. Not all points are created equal and some are downright worthless. Our guide to reward points programs will teach you the tricks you need to be a points ninja.

via Reward Points: The Real Deal | MintLife Blog | Personal Finance News & Advice.

This story written by Randall Hand

Randall Hand is a visualization scientist working for a federal research lab, aiding researchers to discover the insights buried within their terabyte datasets generated on some of the most powerful supercomputers in the world. He also runs VizWorld.com .