Using a credit card that isnt yours is like having a free card 93

From GunGame5 Documentation

Choose a card that pays you back.

If you play your cards right, you may get your credit cards to fork out you, all without having spending any nickel in interest. If you are the type of cardholder who always pays your full balance, you can use your cards to rack awake airlines miles, gift cards, free trips, make name merchandise and even money. Nevertheless no a rewards card is correct with everybody, and it pay out to take a close look in your own spending habits and interests before choosing a card.

Difficulty: Moderate

1 Review your credit card spending for the past year -- if you have your statements available. If you run a balance on your credit cards you should select the one with the lowest attention rate and not worry about airline miles and other perks. The value of those extras pales from comparison to large interest charges.

2 Determine which categories you spent the most money on. Many rewards cards offer better levels of cash again also reward points in certain spending categories, like gas also groceries. Choose a card that presents the highest degree of rewards for the items you purchase most.

3 Log on to the reward network of each and every card you are taking into account and review the items they have obtainable. Choose the card whose rewards are most beneficial to you. With instance, you might pick out a card that is proposes present cards to your favorite restaurant, or tickets to your favorite events.

4 Review the reward levels to each card plus compare how long it will have you to earn a reward. Check the quantity of points you want to amass previous to you may become a gift card or cash back check.

5 Read the fine print cautiously, including facts close to every annual fees. Numerous rewards cards impose yearly fees, although they in many instances award reward points on that fee, too. Decide whether or not the reward program is worth paying the annual fee.

6 Watch to credit card gives by means of upwards-front bonuses. A number of airline affiliated credit cards offer bonus miles just with signing up. With some cases those bonus miles can place you halfway to a free ticket together with your initial pay for. Rewards cards often offer bonus motivations being nicely, including sufficient bonus points for a $50 or even $100 gift card.

References internet site"; Best Rewads Cards; Jeanne Sahadi; June 2004

Photo Credit Jupiterimages/Brand X Pictures/Getty Images ;

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