Even though saving money with credit cards probably seems very contradictory, we must say that it doesn’t have to be the case. So, if you want to learn something new today and find out more about ways to save money with your credit cards, just keep on reading. Here are four ultimate tricks on how to make it happen, so check them out and get down to business right away!
Use your credit card issuer’s discount mall
Even though this takes a bit of planning, the truth is that you can save loads of money – mostly on dining, flowers, and movie tickets – by simply making the purchase through your credit card issuer’s discount mall. Such programs often feature online shopping malls where you can shop and use accumulated credit card reward points, which is a great way to save cash and even get additional points for shopping online. Of course, you’ll have to do some research and see which retailers offer discounts. Just be sure to stick to your budget at all costs, as it can get very easy to overpay for goods and services when you’re overwhelmed with too many attractive offers!
Earn free travel or hotel stays
Did you know that there is a travel reward credit card that can be used to earn miles or points which can be redeemed for free flights or hotel stays? That’s right, and we must say that this is an amazing benefit that mustn’t be overlooked! So, if you travel frequently, you can easily plan your annual vacation or next holiday travel with a free flight in mind and save your dollars that way. The same goes for a surprise weekend getaway or any other short trip like that, so be wise and use your travel reward credit card whenever you can. There are also airline credit cards that are a great choice for people who regularly travel with a particular airline. If you’re one of them, get your airline credit card as soon as possible and you’ll love the advantages it offers!
Pay for everything with a cash back credit card
Needless to say, cashback credit cards have become a huge hit all across the world these days, and you know what? The reasons for that are more than good, so make sure to get an unlimited cash back credit card right away! First of all, these are awesome as they let you accumulate cash rewards on your credit card by earning back a percentage of what you spend in cash – usually as a rebate on your next credit card statement. Besides that, these cards often have cash back programs geared towards specific categories, such as travel, petrol, dining, and many more, so all you have to do is to find one that will meet your needs and personal preferences in the best possible way. The majority of these cash back credit cards return 1-2 percent of your purchases, so bear that in mind and you’ll make a good choice!
Apply for a credit card with a sign-up bonus
Last but certainly not least, applying for a credit card with a sign-up bonus is another way to save money with your credit card. There is a variety of such cards on the market nowadays, and bonuses can range from cash back to points that can be used for airline tickets and even free hotel stays. However, you must know that earning a bonus usually comes with a little twist. In order to earn the bonus, you’ll have to spend a certain amount of money on your credit card during the first few months of having the card. You’ll get the bonus only if you meet this requirement. The great news is that bonuses can range anywhere from $100 to more than $1,000 in cash back or travel rewards, so take that into consideration and you’ll do a fantastic job!
As you can see, there truly are so many great ways to save money with your credit cards, but these four unquestionably are the best ones out there. So, if that’s your ultimate goal this year, all you need to do is to stick to our tips and follow our guidelines. Once that’s done, success is guaranteed, without a shadow of a doubt!