Do you want to get more value from your credit cards? Credit card rewards like- points, miles, and cashback are an excellent option offered by many popular credit cards. Small wins every day can help you achieve more over time. Your job is to find out which card offers the most rewards & attractive bonuses and then use it to maximize your cash back, miles, and points as much as possible.
We know the world of credit cards can be taxing in many ways, such as ever-changing rewards, limits, exclusions, limited time offers to name a few, but with Uthrive App, you can easily stay on top of your game. Our team of experts extends personalized advice and recommendations for the best credit card offerings. Whether you are a beginner or an expert, here are six tips to help you earn more and get more value from your credit cards while you shop.
1. Align Credit Card Rewards with your Spending Habits
Make sure to identify the categories such as travel, dining, or groceries where you spend the most and get the best rewards credit card accordingly. Different credit cards reward different types of spending, so you must be aware of your spending habits to maximize your earnings. If you travel frequently, you should select a credit card that rewards you extra points and cashback for travel. But if shopping is your thing, choose a card that offers cashback or card points at your favorite store.
2. Cash(back) is the king
Without a doubt, cashback credit cards are the most popular credit card among U.S. consumers because cash is the primary currency you can spend anywhere you like. A cashback is used to maintain balance, bank account deposits, or redeemed to make a purchase. So, use a credit card that fetches you more cashback. Various credit cards offer rich cashback, such as 4% on dining, 5% on Amazon or Gas, and 6% on groceries.
3. Get your Signup Bonus
Most credit cards offer signup bonuses to cardholders with rewards or cashback equivalent to hundreds of dollars after they fulfill the qualifying criteria. To become eligible for a bonus, you have to spend a certain amount of money within a specific number of months from your card membership. Look for a credit card that provides a generous signup bonus and makes sure you hit the qualification criteria.
4. Track Rewards
Know everything about your earned and missed rewards across your multiple credit cards. Tracking your credit card points or cashback helps you know where and when to use them. If you stay updated with your rewards activity and use the best cards for each transaction, soon you may accumulate enough rewards that can fund big-ticket items such as planning a trip to your dream destination.
5. Keep your card account in good standing
Make sure you are paying your credit card bills on time or at least making the minimum payment by the due date each month. Also, never forget to check the fine print on your reward credit card’s website or the credit card agreement. Know when your reward points expire and do not waste them. The rewards you earn from prime issuers don’t tend to cease unless your account is closed or inactive. Make the best use of your reward points when you can.
6. Remember your Bonus Categories
Wish to earn more rewards and maximize your credit card rewards? You should remember your bonus categories. Many credit cards provide high rewards rates on specific purchases such as dining out in restaurants, gas, groceries, etc. Credit cards with bonus categories offer substantial reward points where you spend the most money. Depending upon where the large portion of your income goes, such bonus levels serve you with great value and even better potential for rewards.
Without a doubt, Credit cards are a spectacular tool to reap reward points on your daily purchases. You can significantly boost your rewards earned each year, sometimes with just one additional rewards card. It is not just the credit card rewards, but you also get to enjoy a plethora of extraordinary card benefits and perks.
