The Credit Card Reward Calculator will help you to work out how many rewards points you can expect to earn from any given credit card based on your average monthly credit card spend. Usually credit cards that offer rewards points will award a certain number for every pound that you spend, and you can then use these points against a number of different types of purchase. Of course, your first consideration when you are looking to sign up for a credit card should be whether the provider offers a deal that suits your spending habits. It's a false economy choosing a card with generous reward points but a high repayment interest rate.
For example, if you are looking for a card to use for one large purchase, it's a better idea to look for one that offers a zero per cent interest rate for a set period of time, giving you some breathing room to pay off that purchase before you are charged any interest. If you are transferring a balance from another credit card, focus on cards that offer a zero per cent interest rate on balance transfers for a given time period. Only use the Credit Card Reward Calculator once you have picked out several cards that meet your interest requirements, to help you choose the one that offers the most competitive rewards scheme.