Credit Cards FAQ
What is a good strategy for maximizing the number of reward points ?
Listed below are some tips for getting the most reward points possible out of the credit card rewards program:
If you or your spouse has a rewards credit card, request a companion card from their bank so that the two of you can team up to earn more rewards by adding points.
Use your card to pay for necessary spending such as paying for groceries. This can really help boost the volume of your points.
Pay your household bills online with a rewards credit card. There is a lot of opportunity for earning points back for paying your cable, Internet service provider, dentist, doctor, etc. so don’t waste this points earning capability by writing a check to pay the bill instead.
Put your monthly rent or mortgage payment on the credit card – Several of the nation’s largest apartment property management companies along with many mortgage companies have recently begun accepting credit cards for monthly payments. This can be am enormous source of points. However if you are going to do this make sure you pay it on time as the penalties and fees on paying such a large purchase late could wipe out the value of the points you have earned.