Best Credit Card Deals From Our Partners to Save Money

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most 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 » Cardholder Benefits » How to Save Money. Best Credit Card Deals and Tips.

How to Save Money. Best Credit Card Deals and Tips.


Updated: October 17, 2018

The content is accurate at the time of publication and is subject to change.
How to Save Money

We all've been through or may find ourselves in such an emergency when money is needed immediately. Lucky you are if you have savings for unexpected expenses. If not, it's never too late to start saving money. There are different ways to save money and below we offer you some of the best practices. Read up on our tips and find your best way to save money.

Consider Applying for a 0% APR Credit Card

Unexpected medical expenses or car repairs can empty your pocket leaving you with a heavy burden of debt. However, you can stay afloat if you opt to open a 0% intro APR credit card to cover the costs and pay them off over time without paying a penny in interest.

A good credit card with introductory 0% APR on purchases can give you a year or even more of no interest charges. Add here no annual fees and a rewards program, and your money saving plan is ready. Zero interest credit cards may have miles rewards like the Discover it® Miles or Capital One VentureOne card, or may allow you to earn cash back on all purchases, like it does the Capital One Quicksilver card.

With a 0% APR credit card, it is important to remember that once the zero introductory period is over, an ongoing interest rate will apply. So never forget when your 0% APR ends to make sure you will be able to pay off the card balance by the end of the introductory period. Make a plan - calculate how much you should pay each month to reach your goal. Keep in mind that the earlier you make a purchase, the more time you'll have to pay it off at 0% interest. Thus, if you need to pay for a costly car repair or surgery, make sure you do it as soon as you get your 0% interest credit card to have enough room to extend the repayment.

Start Saving Up

Do you spend all your paycheck without leaving a penny in your piggy bank? Putting money aside to save is like living a healthier lifestyle. Money experts recommend put away from 5% to 10% of your incoming money for savings. This is a very common money saving tip that should become your healthy habit. Decide how much you are ready to put away, it can be just $10 a week or $200 a month, but don't put away too much. You do know roughly how much your paycheck will be and how much of it will be used for utilities, food, gas and other expenses. So, it won't take much effort to calculate the amount you can afford to save without straining your finances. Budgeting your paycheck is important when you are saving up for an emergency fund, and international trip or for a large purchase.

Pay On Time and Gradually Improve Your Credit Score

When you put your everyday expenses and bills on a credit card because it gives you rewards, try to pay off the card balance in full each month and never be late with a payment. First, it will help you to maximize your rewards as credit card interest and fees won't eat them. Second, you will save money on interest (if you do not carry balance, you are not charged interest) and fees (penalty fees can be up to $38 or even higher). And third, you will build good payment history and that means your credit score will go up. More than a half of your credit score is payment history and amounts owed. Thus, when you pay on time and never carry a balance you actually help your credit score increase. Monitor your credit score on a regular basis to see how it changes. As a rule, it is enough to check your credit score and report two or three times a year to make sure you are staying on track.

Choose a Credit Card That Sends Reports to All Three Credit Bureaus

Discover it® Miles Discover Card - Discover it® Miles
Credit Recommended:
EXCELLENT, GOOD
Capital One® QuicksilverOne® Cash Rewards Credit Card Capital One® - Capital One® QuicksilverOne® Cash Rewards Credit Card
Credit Recommended:
AVERAGE, FAIR, LIMITED
First Access Visa® Solid Black Credit Card The Bank of Missouri - First Access Visa® Solid Black Credit Card
Credit Recommended:
FAIR, BAD

Get a Savings Account to Store Money

A really easy way to start saving money, is to put it in a separate place – you won't be tempted to spend your saved money. Banks offer savings accounts, certificates of deposits, money market accounts, and automatic savings plans. A smart choice can be a savings account as it gives flexible access to your funds if you need and earns variable interest over time. Certificates of Deposits (CD) do not give quick access to funds, but they have a higher fixed interest rate. If you have tendency to spend rather than save, then the automatic savings plan is a perfect option for you. Automatic savings plans will automatically transfer a specific amount that you choose from your checking account into your savings account monthly.

Other Ways to Save Money

If you have a credit card find out if your bank has its own shopping portal. For example, Barclays has Barclaycard RewardsBoost portal where all Barclays members can earn additional rewards on online shopping.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related Research:

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Posted: November 8, 2018

Thanksgiving is coming, and whether you are hosting a meal or coming as a guest, your spendings are going to accumulate faster than you can notice. A holiday feast is a costly matter – each year Americans spend around $50 on a Thanksgiving ... Continue reading
The Best Credit Card for Earning Cash: Discover it® Cash Back

The Best Credit Card for Earning Cash: Discover it® Cash Back

Posted: November 2, 2018

You’ll have hundreds of dollars in your pocket in no time because you’ll earn money back on every purchase you make with this card. There are no restrictions on the amount of cash back you can get, and Discover even matches every penny you ... Continue reading
Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Posted: October 10, 2018

Nights are drawing out, the wind is colder every day and you already feel the lightest breath of winter on your face - autumn is here. Holidays are over, kids are back to school and all you are left with are hefty holiday bills that you ... Continue reading
Best Offers for Everyday Purchases from Our Partners
For Excellent, Good Credit
Discover it® Miles
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
Apply
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
For Excellent, Good Credit
Discover it® Cash Back
For Excellent, Good Credit
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
Apply
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
For Fair Credit
Credit One Bank® Platinum Visa® with Cash Back Rewards
For Fair Credit
Qualified applicants will enjoy benefits including 1% cash back rewards on all purchases, no annual fee, and a competitive APR. Terms apply
Apply
Qualified applicants will enjoy benefits including 1% cash back rewards on all purchases, no annual fee, and a competitive APR. Terms apply
Get the latest news, articles and expert advice delivered to your inbox. It's FREE

Featured News:

Best Credit Cards Video For You

Save on Interest Charges with Low APR Credit Cards

June 18, 2015

You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!