Beware of Rewards

We all love the idea of getting something for nothing. Credit cards that promise us freebies just for buying what we normally buy sound like a no-lose proposition. Unfortunately, in some cases they’re simply a no-win situation: Points expire before you’re allowed to use them. And in worse case scenarios, they actually cost you money: You earn less than the cost of your annual fee. ThirdAge and Bankrate.com have seven tips to help you figure out what type of rewards program will work for you.