7 Ways To Maximize Your Credit Card Rewards Over The Summer



Summer is here, and that often means more going out, shopping, and maybe a great vacation. It also means that you have the opportunity to collect plenty of credit card rewards while you enjoy the season.

Whether you want to earn cash, travel points, or both, follow these tips to earn more rewards this summer.

1. Get a new credit card with a welcome bonus

Welcome bonuses, which are bonuses available to new cardholders, are one of the most valuable benefits of credit cards. Anytime you want to quickly earn a large amount of rewards, it is worth looking at the credit cards with the best signup bonuses.

Most bonuses have an expenditure requirement and a time limit to achieve it. For example, spend $ 1,000 in three months for a $ 250 cash back bonus. If you normally spend that much anyway, a bonus is an easy way to profit from the money you spend on your bills.

2. Use rewards cards that match your summer spending habits

Spending habits change from season to season. If there are areas where you spend more, see if any credit cards offer bonus rewards in that category. Here are some suggestions:

3. Keep an eye out for special offers

Credit card companies frequently have special reward offers. One of the most common rewards is getting additional rewards when you shop at merchants that your card issuer has partnered with. For example, you might be able to earn 3% instead of 1% of your shopping on the website of a department store you love.

You can find special offers like these on your online credit card account, and your card issuer can email you the latest offers as well. Some card issuers also have online shopping portals where you can see all of their partner merchants.

Once you know where to find specials like these, check back regularly so you don’t miss out on any opportunity to earn more rewards.

4. Put your debit card and money away

When you have a credit card that earns rewards with every purchase, it makes sense to use it on every purchase. The only exceptions are purchases that incur additional charges for payment by credit card and merchants that do not accept credit cards. Other than that, you miss out on rewards if you pay with a debit card or with cash.

There is one important thing to keep in mind before putting anything on your credit card. You only come out on top if you pay your credit card bill in full. If you don’t, the interest charges will cost more than what you earn in rewards.

5. Recommend cards to friends and family

You might not be the only one in your circle interested in rewards credit cards. If you know someone who is considering getting one and doesn’t know where to start, you can recommend a card you own and get a referral bonus.

Most credit card companies offer these bonuses. From your account, you can either get a referral link to share or provide your referral email address. If that person requests the card through your link and is approved, you will receive bonus rewards.

6. Activate rotating bonus categories

Several popular credit cards have rotating bonus categories. The bonus categories on these cards change, usually quarterly. A quarter of your card could earn 5% in restaurants, the next 5% in fitness clubs, and so on.

With most of these cards, you need to activate your quarterly bonus categories, which you can do online or over the phone. Otherwise, your card will not earn the bonus rate. Even if you have a busy summer schedule, don’t forget to activate this perk to maximize your revolving card rewards.

7. Offer to put shared bills on your card and get reimbursed

Group activities can be another opportunity to earn additional rewards. If it’s more convenient to put the bill on one card, you can offer to use your rewards card and let everyone else pay you their share.

It works well in restaurants, buying tickets to sporting events and any other situation where everyone pays a big bill. Just make sure the rest of the group is in agreement and that they are people you can trust to pay you back.

It is not difficult to increase your rewards during the summer. See which of these tips you can incorporate into your lifestyle, and by the time fall arrives, you’ll have more credit card rewards to cash out.



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