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The Truth About Rewards Credit Cards: What Actually Saves You Money
Discover the cards that maximize savings on everyday spending.
Quick Picks
Best for travelers: TF Bank Mastercard.
Best for online shoppers: re:member Black Mastercard.
Best for grocery rewards: Trumf Kredittkort.
Best for Travelers
Travel enthusiasts often seek cards that minimize fees while maximizing benefits abroad. Let's examine which card gives you the best bang for your buck when you're jet-setting around the globe.
TF Bank Mastercard
TF Bank Mastercard shines for globe-trotters with its zero foreign transaction fees and no annual fee, making every overseas purchase cheaper. While it lacks cashback or bonus programs, its inclusion of travel insurance makes it a reliable companion on the road. Its 26.69% effective interest rate is steep, so avoid carrying a balance.
Morrow Bank Kredittkort
Morrow Bank Kredittkort offers a longer interest-free period of 50 days, unmatched by competitors, which is a boon for those managing cash flow during extended trips. Despite the lack of a cashback program, its insurance coverage adds peace of mind for frequent travelers. However, note the lower credit limit compared to others.
When travel perks aren't your main focus, consider cards that offer high cashback on everyday purchases. Next, let's dive into options for online shopping enthusiasts.
Top Picks for Online Shoppers
If you spend a lot online, these cards will help you get more value from your digital cart.
re:member Black Mastercard
The re:member Black Mastercard is a standout for online shoppers with up to 20% discounts at over 200 stores via its rewards program. It also includes travel insurance, which is a nice bonus if you're planning a vacation, but watch out for the 2% foreign transaction fee.
Trumf Kredittkort
Trumf Kredittkort is a solid choice for grocery shopping with its Trumf bonus points that convert to travel rewards. However, its 1.90% foreign transaction fee may deter international purchases, and the bonus program is best if you shop frequently at NorgesGruppen stores.
While these cards offer substantial savings online and at the grocery store, you might be wondering how to maximize your overall savings strategy. For a deeper dive into maximizing credit card rewards this season, check out our related article on Maximize Savings with Rewards Credit Cards This Summer.