You must have seen the Speedway card before. It’s the credit card that allows you to earn points on the things you buy. Sometimes you can even get a cash back!
But what exactly is a speedway card? How do you see the points you earn on the things you buy? And how do you redeem them?
In this article, we will discuss how to see point on a speedway card. It will cover the following topics:
What Is A Speedway Card?
This type of credit card was developed by American Express and gives you points on every purchase you make – even things you may not have even thought about buying! Let’s take a look at the definition of a speedway card…
A speedway card is a credit card that enables you to earn unlimited 1.5 points per dollar on all your purchases. The points can be redeemed for free airline tickets, free hotel nights, or merchandise. The card is accepted at all major retailers and restaurants and even some gas stations.
The main difference between a traditional credit card and a speedway card is that the latter gives you points for every purchase you make – whether you plan on buying or not. Also, you earn rewards that are generally worth more than the amount you invest. So, even if you don’t spend much money, you can still make a decent return on your investment. Finally, a speedway card can be useful if you’re looking for a travel card since you can often get free tickets with the points you accumulate. You can’t do this with a traditional credit card.
How Do You Use A Speedway Card?
As mentioned above, you earn points on every purchase you make with a speedway card. You can use these points to do all kinds of things – from booking a vacation to hotel rooms and airline tickets, to buying gadgets and accessories for your smartphone.
What kind of purchases do you make with a speedway card? You can use your card at all retailers and restaurants that accept credit cards, as well as many gas stations. So, basically, you can use your speedway card at any place that accepts traditional credit cards.
You can also earn rewards with a speedway card by carrying out a survey or participating in a loyalty program. Some of the popular rewards you can get include the following:
Airline Tickets
Travel can be expensive, so you’ll want to make sure you’re getting your money’s worth. One of the best rewards you can get is airline tickets, especially when you’re traveling during off-peak seasons. The catch is that you usually have to register for an airline tracking device or number. In exchange for this convenience, you have to wait until the point value of the ticket you get exceeds the amount you paid in registration fees. One of the benefits of a speedway card is that you can often get these kinds of rewards without having to travel during off-peak season.
Hotel Rooms
If you find yourself staying overnight at a hotel more than once or twice a year, you can get a hotel loyalty card, which gives you a point for every night you stay. You can also get a prepaid-miles credit card which gives you 300,000 miles – enough for one or two airfares. If you stay at a Four or Five Star hotel, you can get an additional perk like a food and beverage credit to help you make the most of your stay.
Cell Phone Recharge
Many cell phone companies, such as Sprint and T-Mobile, offer promotions where you can get a flat-rate phone bill and earn 2%, 5%, or 10% cash back. You can also get a text-messaging credit card which gives you 2% back on all your online purchases. If you buy a lot of phone gadgets and accessories during the year, this can add up to a pretty penny. One of the perks of a speedway card is that you don’t necessarily need to be on the website to get the cash back. You can text-message the credit card company to get the cash-back bonus instead.
Gadgets And Accessories
If you’re a gadget freak and constantly buying new smartphones, tablets, and laptops, you can get a discount on these items by becoming a student. Many retailers and manufacturers offer student discounts, so it’s worth looking into. You can also get a text-messaging credit card which gives you 2% back on all your online purchases. One of the best parts about this card is you don’t necessarily need to be a student to enjoy the discount. You can text the credit card company to get the discount any time you want.
What Is The Point Value On A Speedway Card?
Every card has a point value, which is the amount of reward points you’ll earn for each dollar you spend. For a traditional credit card, the point value is usually between 1 and 2. For a student credit card, it’s even lower – usually less than 0.75.
The point value on a speedway card is somewhere between 1.5 and 2.5, which means you’ll earn 1.5 points per dollar you spend. So, for example, if you’re traveling out of town and buy a $40 gas bill, you’ll earn 1.5 points on that account.
You’ll need to spend at least $1000 in a month to get the $40 in gas credit. So, in this case, you’ll need to make about 12 gas purchases to equal $1000 in gas credit (assuming you get 1.5 points per dollar – some cards give you 1 point per dollar, others give you 2 points per dollar).
Why Is A Speedway Card Better Than A Traditional Credit Card?
The main difference between a traditional credit card and a speedway card is that the latter gives you points for every purchase you make – even things you may not have even thought about buying! Let’s take a look at some of the advantages of a speedway card:
- You get points for all your purchases.
- You can often get rewards that are generally worth more than the amount you invest in the card.
- The rewards are typically delivered to your email address in less than a week.
- The point values on most speedway cards are higher than traditional credit cards.
- You don’t need to stay at a specific hotel or restaurant to enjoy the rewards.
- You don’t need to be on the website to get the cash back from some cards. You can text the credit card company to get the cash back.
Do You Want To Be Rewarded For Your Purchases?
Whether you travel a lot for work or just like to explore the world, you’ll appreciate everything this article has to offer. Are you looking for ways to be rewarded for your purchases? Do you want to see point on every purchase you make? If so, then a speedway card is for you.