Loyalty card and reward schemes were created to incentivise customers to stay shopping with the same stores. By offering a reward programme, loyal customers can save on future purchases with points systems and money off vouchers. You can make quite a lot of savings in stores that you shop in often, such as supermarkets and petrol stations.
Some loyalty schemes with hotels and/or credit cards involve collecting air miles which go towards the cost of airline tickets. However, these reward schemes tend to only be beneficial for high spenders.
Just remember that loyalty cards and schemes benefit both you and the company, you should only sign of to them if you do not mind sharing your data and spending habits with the company. You also still need to shop around and not just rely on shopping in the same stores, better deals elsewhere may outweigh the benefits of the loyalty rewards.
Below we have listed 10 popular loyalty cards but there are of course many more to look into.