Having a rewards credit card, such as the CitiBusiness Thank You Card, can be gratifying, especially if you know how to make good use of it. One simple trick here is to never have credit card debt. This way, the credit card will work great for you and your requirements. Rewards credit cards are not like traditional cards because they reward you for using them. Therefore, it is only right that you use your card as much as possible.
Splurge Using Your Rewards Credit Card
Most people find it difficult to spend cash on something that they “want.” This is a good practice since there really is nothing wrong with being cautious. However, you should not deprive yourself, especially if you have a rewards credit card. Therefore, go ahead and pamper yourself using your rewards card from time to time. The best part here is that you do not have to worry about having no cash at hand. The rewards credit card will cover all your expenses. There is no real cash involved especially if you are ready to take advantage of the reward points that you have accumulated. Note, however, that you would still have to pay your overall spending on the rewards credit card. As such, it would be wise to spend only what you can afford to pay.
Save the Points You Earn Using Your Rewards Credit Card
It is always a good idea to save the points you have acquired from using your rewards credit card for something big. Rewards points can be anything from small discounts to huge amounts of cash. There are also other items and offers that you surely would not want to miss. These may include cruises, airline tickets, flat screen TVs, smartphones, and many more. Instead of rushing to spend your earned points as immediately as you can, why not hold onto them first? This may give way to obtaining something that you really want.
Oftentimes, points can be converted to a higher rate particularly if you save up on your rewards points. If you are the type of person who prefers to stick to the rewards points until you really need them, rewards credit cards can be excellent for you. Doing so will let you get hold of something valuable in return.
Use the Rewards Credit Cards for Travel
If you are a frequent traveler, you will find the rewards credit cards really convenient for you. You can use most of the points you have earned to get discounts for travel or to even pay for it. Your credit card company may allow you to cash your points in, so that you can spend the money on cruises, tickets, car rentals, and even hotel accommodations. In reality, travelers get the most out of the points gained from using their rewards credit cards; therefore, save and spend on your points whenever you need to travel.
Pay for Gas Using Your Rewards Credit Card
It is no secret that gas prices have gone up. As a result, a lot of people are finding it challenging to pay for their gas purchases. It is a good thing that you can get the help you need when you use your rewards credit card. Although a majority of rewards credit card owners utilize their card to pay for travel, studies have shown that 42% of cardholders use their cards to buy gasoline. Depending on your rewards card, your savings can really go up when you use your card to purchase gas.
You can accumulate more rewards points if you use your rewards credit card for large purchases. However, you should make certain that you can pay for the balance in full. You should also be fully aware of your rewards card system to take full advantage of it.
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