Maximizing Rewards Programs: Turn Your Everyday Spending into Savings

Rewards programs can be a great way to earn back on your everyday spending, but navigating the multitude of options can be confusing. Here's how to make the most of these programs.

Credit Card Rewards

Choose a card that aligns with your spending habits. If you travel frequently, a travel rewards card might be best. For everyday purchases, consider a cashback card.

Store Loyalty Programs

Sign up for loyalty programs at stores you frequent. Many offer exclusive discounts, early sale access, or points that can be redeemed for future purchases.

Stackable Rewards

Look for opportunities to stack rewards. For example, use a rewards credit card to purchase through a cashback portal for a store where you're a loyalty member.

Keep Track of Points

Use apps like AwardWallet to keep track of all your reward balances in one place. This helps ensure you don't let points expire.

Maximize Bonus Categories

Many credit cards offer bonus points in rotating categories. Plan your spending to take advantage of these offers.

Be Strategic About Redemption

Points often have different values depending on how you redeem them. Research to find the best value for your points.

Remember, the key to making rewards programs work for you is to never spend more than you would otherwise just to earn points. Use these programs to enhance your normal spending habits, not to drive additional purchases.