5 critical action steps every first-time homebuyer must know
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By wordsthatecho
July 26, 2016

Many Americans who have credit cards know that they receive points and rewards, but they end up never redeeming them. Here are a few tips to help you get more back from your credit cards.

  • Pay off any outstanding debt. Just wipe the slate clean. And then stay on top of the monthly payments, because the interest you pay on any outstanding credit card outweighs the benefit you get from any reward points.
  • Get the right mix of cards. When you buy groceries, make sure that you use the card that rewards you for groceries. Otherwise, you won’t see any return.
  • Add a miles card. This is for heavy travelers. A miles card will reward you for eating out, picking up the tab, and covering the tip.

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