For many of us, the favorite thing about our credit card is the rewards that the card is going to earn us. We all want to do whatever we can to increase those rewards. You can follow the expert tips that are shared below to earn more miles, cash back, or points on your new credit card.
Add Authorized User if the Card Offers Additional Bonus
Some of the popular credit cards offer additional signup bonus if you add an authorized user within a period and having him or her make a purchase with the card. If the new card that you have signed up for offers this facility and you have someone you are comfortable adding to it as an authorized user, you can use this method to gain some extra points.
Nevertheless, you should know what an authorized user is before doing this. An authorized user will have the permissions to use the credit card account, but will not have any legal obligations to make payments or changes to the card and the owner of the credit card can remove an authorized user anytime.
Use Bonus Mall While Shopping Online
Bonus mall is a shopping portal that allows users to avail rewards and discounts on their online purchases. To make use of it, you will need to go to the bonus mall website of the credit card issuer and select the retailer of your choice before making the purchase.
You may then pay with your credit card to reap the benefits. Most of the issuers have bonus malls and some of the most popular ones are Chase Ultimate Rewards, Discover Deals, and Citi Bonus Cash Center.
Couple up Cards
Some of the credit cards work well with other cards to maximize your rewards. For instance, if you use Chase Freedom and Chase Sapphire Preferred Card you can use the five percent bonus categories and Chase Ultimate Rewards site to redeem rewards to maximize the points that you earn. If you are a traveler, you can transfer the points to different frequent flyer programs to avail better deals.
These are some of the tips to improve your rewards and earnings. If you wish to have major rewards, you will have to meet the necessary spending limit. In addition, you may have to opt into bonus categories and use the card whenever you can make the purchase without a fee.