A new credit card was launched this week that rewards cardholders for making purchases, maintaining a balance, and making payments on time. Under the new “Providian Real Rewards VISA,” cardholders earn one point per $1 spent, 10 points for each $100 in revolving balances every billing cycle, and 500 points for on-time payments in six consecutive billing cycles. The points can be redeemed for rewards at restaurants and retailers, cash back in the form of statement credits, a lower interest rate, or to get a late or over-limit fee credit. For example: 1,000 points for a $10 Barnes & Noble gift card; 3,000 points for a late or over-limit fee credit; 5,000 points for a $40 cash statement credit; and, 10,000 points for three percentage points off the purchase APR for 12 consecutive billing cycles. Providian also launched the “Providian Real Information” program whereby customers will have free online access to their “FICO” credit score, a score simulator, and a supporting credit information summary. For more information visit “http://www.providian.com”:http://www.providian.com.