Life Kit Boost Your Credit Card IQ
Apr 29, 2019
Discover how to maximize your credit card rewards through savvy strategies and thoughtful spending habits. Learn tips for selecting cards that match your spending patterns while safeguarding your credit score. Understand the significance of keeping credit utilization low and the risks of juggling too many new accounts. Explore how to build credit responsibly with secured cards, and gain insights on maintaining a robust credit history. With practical advice, you’ll master the art of credit card use to enjoy perks without falling into debt.
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Travel Rewards Anecdote
- Pamela and Benjamin used miles to travel to Greece, Italy, Berlin, Prague, and Vienna.
- They got engaged during their trip to the latter three.
Use Cash Back Cards
- Use cash back credit cards to maximize rewards.
- Kimberly Palmer from NerdWallet emphasizes the potential for significant savings.
Categorize Card Usage
- Designate specific credit cards for different spending categories.
- Brittany from Atlanta uses separate cards for gas, groceries, miscellaneous spending, travel, and dining.