Make Your Everyday Spending More Rewarding

Would you believe us if we said you could make money by switching your everyday purchases to a credit card?

It's true! Using the right credit card to buy gas, groceries and more can result in points, rewards, gift cards and even cash—if you know what you're doing.

Here's how to do it:

Get a rewards card that works for your lifestyle

One of the best benefits of using credit cards instead of cash or debit cards is that you can earn rewards as you spend money. Learning how to earn rewards points—and make the most of them—could result in:

• Travel discounts, like gas cards or air miles

   

• Simple cash back

   

• Adventure experience discounts, like concert or movie tickets

   

• And more!

If you use your credit card responsibly, taking advantage of rewards can save you thousands on travel, gifts and experiences. Don't miss out!

Compare card offers to get the best deal

Not all credit cards are created equal and, if you're not careful, some can cost more than they're worth. As you shop around, be sure to consider the following:

• What's the interest rate? Can I find a lower one?

   

• How much is the annual fee? Can it be waived?

   

• What kind of late fees would I have to pay?

   

• Does the card issuer offer balance transfer options?

   

• How long does the introductory rate period last? What changes when that period expires?

   

• Can I earn rewards on every purchase category, or just certain ones?

The important thing to determine is whether the rewards outweigh any recurring fees associated with the card. As you shop around, be sure to check out the best credit union credit cards. Whether you’re looking for low rates, rewards or cash back, there's at least one credit card to fit your style and your spending plan.

Choose a credit card that offers other important features to you

Rewards aren't everything, though. You also want to find a card that mitigates risk to you and your finances. Ask your potential credit card company what they can offer you in terms of:

• Security

   

• Fraud protection

   

• Purchase protection

   

• Travel insurance

   

If the unthinkable happens, you want to know that you're taken care of.

Use credit responsibly

While the credit card company and its policies certainly play a role in making your everyday spending more rewarding, you and your spending habits are also a crucial piece of the puzzle. Whatever card you choose, follow these steps to make sure you don't fall victim to costly debt.

• Pay on time, each month

   

• Treat your credit card like a debit card

   

  • Don't spend more than you have

     

  • Don't carry a balance

     

  • Pay off daily or weekly

     

  • Enjoy credit card perks without accumulating debt

     

• Avoid interest charges

Sticking to these guidelines will ensure your rewards can go towards travel, restaurants or another passion of yours—not interest payments.

Use your credit card for everyday purchases

Finally, make sure you're getting the most from your credit card by using it for everyday purchases and, most importantly, applying responsible strategies to pay it off.

• Earn perks—like Visa rewards points—for the things you are buying already

   

• Get payment protection on every purchase

   

• Improve your credit by either

   

  • Increasing a low credit score

     

  • Building a strong credit history if you have no credit

     

• Maintain an already strong credit score

These are just a few tips and tricks to help you make your everyday spending more rewarding. If you still need a little help, apply for one of Mountain America Credit Union's credit cards today, or schedule a visit with one of our financial experts.