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Updated by on Apr 14, 2022
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5 Ways to Maximize Credit Card Rewards Without Overspending

Credit cards are useful for many reasons, like your credit score, but it’s important to use them wisely. Here’s how to maximize your credit cards without overspending.


Use Your Card for Everyday Purchases

Make sure you're using your credit card for gas, groceries, streaming services and miscellaneous purchases you make throughout the month.


Pay Bills with Plastic

In the meantime, make sure to check for other bills you can pay with a credit card, including ones you wouldn't normally think of. You may be able to pay for your health insurance with a credit card, or for your gas or electric bill. The more bills you can pay with plastic, the more points or miles you'll earn over time. Just be sure you check for extra fees that may be charged for paying with a credit card instead of directly pulling from your account.


Monitor Your Budget

A monthly budget can help you get a handle on how much you spend each month and what you spend it on. This information can help you figure out which rewards credit card works best for your goals, but it can also help you understand how much you should be spending on your card each month.


Pay for Group Meals (But Make Sure You Get Reimbursed)

Another strategy involves paying for purchases for other people, then making sure you get reimbursed. This is made much easier now that people can send money to each other with ease using services like Apple Cash or Venmo.


Pick the Right Rewards Credit Card

Also make sure you select a card that lines up well with your spending habits. If you don't want to worry about bonus categories, consider a card that offers a high flat rate of rewards across multiple categories.