Who can resist a free nights stay - or longer - at a beautiful hotel?

Everyone loves a lodging bargain from upgrades to FREE! Rewards that no one wants to pass up.

Some hotel rewards cards offer bonus points redeemable for use with airlines and rental car agencies and even cruise shiop travel.

Low introductory fees and quick accumulation of points for your next travel adventure make these credit cards with rewards and points very attractive.

Imagine...Up to a 5:1 ratio of points earned to dollars spent.

That is a refreshing feeling.

This is the most common calculation method. It credits your account from the day payment is received by the issuer.

To figure the balance due, the issuer totals the beginning balance for each day in the billing period and subtracts any credits made to your account that day. While new purchases may or may not be added to the balance, depending on your plan, cash advances typically are included.

The resulting daily balances are added for the billing cycle. The total is then divided by the number of days in the billing period to get the "average daily balance."

This is usually the most advantageous method for card holders. Your balance is determined by subtracting payments or credits received during the current billing period from the balance at the end of the previous billing period. Purchases made during the billing period aren't included.

This method gives you until the end of the billing cycle to pay a portion of your balance to avoid the interest charges on that amount. Some creditors exclude prior, unpaid finance charges from the previous balance.

This is the amount you owed at the end of the previous billing period. Payments, credits and new purchases during the current billing period are not included. Some creditors also exclude unpaid finance charges.