How To Gather More Credit Rewards

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Travel with Credit Cards » How To Gather More Credit Rewards

How To Gather More Credit Rewards


Updated: December 26, 2012

By
Add to Favorites:
Yes, credit card rewards can certainly be an enticing offer to entertain, ranging on everything from free flights to paid-for nights in hotels. So how do you go about properly gaining from these programs? There are several ways to do this that you may not have considered before. To make the most of your rewards now and fast, here are some suggestions: Sign Up For Several Cards A Year Because of the competition between credit card issuers being “high stakes” right now, sign-up bonuses can be huge. These bonuses can worth a serious amount of either points or miles (that’s dependent on the particular program). Even if you decide to cancel after collecting on the rewards, your credit score will suffer minimal damage. Avoid this tactic though if you plan on making a rather big payment on something such as a mortgage. Share With Friends Use an online service such as PayPal or Amazon to do this effectively. Through any of them, you can cash in on various rewards. Also, when out with friends or family; use it to your advantage to offer to pay for everything. This way you will be doing a kind gesture as well as earning some rewards points for yourself. Separate Your Cards Use different cards for different needs. Rewards can vary from program to program:  there are gas rewards, grocery rewards, travel rewards, etc. Therefore it’s a good judgment call to divide up your cards depending on the program it would be applicable for. If you are the owner of a credit card with an enviable rewards program for any of these categories, your best bet would be to stick to that said category. Pay With Gift Credit Cards If you have people that work under you, perhaps consider gifting them with prepaid credit cards, as those from American Express. Maybe even try to pay them with the aforementioned websites, like Venmo, PayPal, etc. By paying them in cash, you aren’t privy to the world of rewards that these websites (or the gift credit card) can offer you. Or, maybe if you trust someone who works for you enough, lend them your credit card when they are buying their supplies for you. Case in point:  you hire a contractor to work on your house. If you’ve known them to the point you feel comfortable doing so, let them use your card when they go off to get their various goods from the hardware store. When Online Shopping… When doing your online shopping, be sure to use what are known as “shopping portals” rather than the direct site. This way, you will be guaranteed to earn reward points on your spending at these places. Do some research beforehand, though, as some of these portals can have costlier items than others and may not be worth the cost involved. Find Out About Flexible Spending Sometimes it becomes necessary to spend with a credit card for costs such as medical expenses. If you have to do this, and would like to try and reap in some rewards at the same time, try and use a rewards card. Afterwards, you may be able to go ahead and claim some reimbursement. Because medical costs can be sky-high, this might be beneficial in more ways than one. By implementing these small changes now and then, you may be opening up the door to a whole world full of credit card rewards you couldn’t have had access to before.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Travel with Credit Cards Research:

Related Research:

Affirm: A ‘Friendly’ Credit Alternative

Affirm: A ‘Friendly’ Credit Alternative

By Angela Rose, Posted: April 5, 2017

In 1789, Benjamin Franklin wrote, "In this world nothing can be said to be certain, except death and taxes." His statement holds true even today - especially when it comes to personal finance tools such as credit cards. Continue reading
5 Reasons to Get the Capital One Venture Miles Rewards Card

5 Reasons to Get the Capital One Venture Miles Rewards Card

By Herbert Moore, Posted: January 18, 2017

If you’re looking for a great travel rewards credit card—one that offers unlimited earning opportunities, flexible redemption, and lots of perks—look no further. This card from Capital One has you covered. Continue reading
Credit Card Tips For Holiday Shopping 2016

Credit Card Tips For Holiday Shopping 2016

By Herbert Moore, Posted: November 23, 2016

November and December are the busiest months as gift shopping reaches its peak. People rush around looking for the best gifts and the best deals leaving a lot of money in the shops. Holiday season may force you to go over the household ... Continue reading