“These points are not a hassle to redeem because they go directly into mile or point programs in which consumers already participate,” said Tim Chen, founder and CEO of NerdWallet.
New York, NY (PRWEB) October 20, 2010
There are dozens of "online shopping malls" that offer consumers either cash back bonuses or points bonuses, but few consumers are aware that they exist. These kickbacks can save shoppers 10%+ at popular websites, on top of what web coupons have to offer.
That extra 10%+ off is now just a click away, thanks to NerdWallet’s new online discount tool, which lets consumers type in the name of a store - including thousands of popular shopping sites like Dell and Target.com - and see every kickback offer available!
Generally, these points and miles are credited back into one’s frequent flyer accounts, hotel points accounts, or credit card points balance when one shops through the loyalty program's online shopping mall. “These points are not a hassle to redeem because they go directly into mile or point programs in which consumers already participate,” said Tim Chen, founder and CEO of NerdWallet.
For example, American Airlines allows any member of the AAdvantage miles program to earn bonus miles by shopping through the AAdvantage Shopping Mall, as do Marriott, MasterCard, and even some third party websites.
To illustrate the range of “online shopping mall” bonus options out there, consider discounts at 1-800-Flowers as an example. NerdWallet’s discounts page shows 14 “online shopping malls” that will give you kickbacks, ranging from 2 Miles per $1 Spent at United Airlines Plus Shopping (worth about 2% off) to 20 Miles per $1 Spent at Continental Airlines ShopOnePass (worth about 20% off). Alternatively, if you happen to hold a Discover rewards card, you can opt instead for 20% CashBack at ShopDiscover.
If you’re tempted to shop on Black Friday or Cyber Monday, why not shop through your credit card's “online shopping mall” where you can earn extra rewards and points for every dollar you spend?
NerdWallet, one of the nation’s premiere credit card search sites, that takes the headache out of finding credit cards, discounts, and interest rates online, saving users money in the process. NerdWallet currently indexes more than 600 credit cards, and condenses the pertinent information into a dead-simple interface. Users just need to answer a few questions about their needs, and are presented with a straightforward ranking of the best cards for their situation, such as balance transfer credit cards, or cash back credit cards. For more information, visit NerdWallet.com the company’s blog (http://www.nerdwallet.com/blog/) or follow them on Twitter (http://twitter.com/nerdwallet).