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Credit Card Hacks
18 May 2019

11 Totally Life Changing Credit Card Hacks!

Did you know that 31 percent of credit card owners never redeem the rewards they earn from using their cards?

Are you part of this group? Did you not even know you were earning rewards with each swipe of your card?

A lot of people are not getting as much out of their credit cards as they could be. To avoid being one of them, keep reading.

Listed below are 11 amazing credit card hacks that will change the way you shop forever.

1. Find a Zero Percent Interest Rate Card

Everyone wants the best credit card rates possible, and it doesn’t get much better than zero percent interest.

If you have a decent credit score, you’ll likely be able to find a zero percent introductory interest rate card without too much trouble.

If you have a balance hanging around on another card, try to transfer that balance to the zero percent interest card. That way, you’ll be able to save money while you work to pay off your credit card debt.

Just pay attention to when the introductory period ends and make sure your debt’s paid off by then.

2. Set Up Automatic Payments

One surefire way to pay more than you should on your credit card bills is to make late payments. If you want to save money while using your favorite credit cards, make sure you’re paying your bill on time every month.

If you have a hard time remembering when your bills are due, set up automatic payments so you never forget again. Some lenders will even lower your interest rate a little bit when you sign up for these payments.

3. Use a Cash Back Credit Card

Look for a credit card that will give you cash back for the purchases you make.

Lots of cards will give you one percent cash back on purchases. Some also will give you a higher percentage back when you shop at certain stores.

Take advantage of these rewards to put a little extra cash in your bank account each month.

4. Look for Price Protection

Don’t you hate when you pay full price for an item and then see a week later that it’s on sale?

If you’re using the right credit card, you won’t have to worry about this buyer’s remorse.

Some credit cards offer price protection and will refund you the difference if you find an item that’s on sale within a certain time period (usually 60 days) after you make your purchase.

If you do decide to take advantage of price protection, just remember that most cards have a limit on how much they’ll refund.

5. Look for Cards with Sign-up Bonuses

An easy way to line your bank account with extra funds is to sign up for a credit card that offers a sign-up bonus.

Some cards offer cash as a sign-up bonus, but others offer different rewards, such as free airline points.

If you do a lot of traveling, look for a card that offers airline points so you can start saving money on flights before you even start shopping.

6. Don’t Use Your Card for Everything

There are a lot of perks you can experience when you shop with a credit card.

At the same time, though, it’s important to note that you shouldn’t use a credit card for everything.

If your credit utilization rate is too high (you’re charging a significant portion of your available credit each month), your credit score could take a hit.

7. Start with a Repayment Plan

Michael Scott had it right when he warned viewers never to buy a fur coat with a credit card until they absolutely had the money to pay for it, and that doesn’t mean taking out a large loan just to pay for it.

Before you make a big purchase with a credit card, make sure you have a plan in place to pay off that purchase.

Are you going to work some extra hours to cover the cost? Will you pay it off when you get a bonus next month?

8. Take Advantage of Referral Bonuses

Many credit card companies will give you a bonus if you refer a friend or two (or more). Some cards will give you a cash bonus, while others will give you points that you can redeem for gift cards, airline miles, or other rewards.

9. Pay Your Full Balance Each Month

Contrary to popular belief, it’s not a good idea to carry a balance on your credit card from month to month.

When you do this, you just end up paying more money in interest (unless you’re strategically using a zero percent interest card). Instead, make sure you’re paying off your full balance every month.

10. Look for Travel Rewards

If you do a lot of traveling for work or for fun, make sure you’re using a credit card that allows you to save money on all these trips and even earn points toward free vacations.

Search for a card that allows you to earn points toward airline tickets. Some cards will waive your checked bag fee, too!

11. Dare to Compare

If you’ve been using one credit card for a long time, you might be hesitant to apply for a new one.

Remember, though, that banks are always changing their offers and trying to make their credit cards more appealing.

If you’re sticking to one credit card for all your purchases, you could be missing out on a lot of benefits.

You don’t have to stop using your old credit card just because you got a new one, either. Use different cards for different types of purchases so you can take advantage of what each one has to offer.

Put These Credit Card Hacks to the Test Today

Who knew credit cards could do so much?

Now that you know more about the best ways to use your credit cards, it’s time to start making them work for you.

Start by trying out one (or more) of these credit card hacks today.

In order to get the most out of your credit cards, you need to make sure you’re using the right ones.

Check out the Credit Card Reviews section of our site today to learn more about the different cards available to you and figure out which one best fits your specific needs.

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