Here are four of our favorite hacks to help you get the most out of every dollar you spend.
No. 1: Max out your category bonuses.
Don’t let category bonus months go to waste. Make sure you spend up to the limit for that category to earn as many extra points as you can. If the category is grocery stores, but you can’t buy that much food in a quarter – stock up on gift cards to use at a later date. The same goes for gas stations and other major categories.
One caution, though: Don’t spend a penny more than you ordinarily would, just to chase rewards. If keeping track of category bonuses feels overwhelming, use our Wallet app to tell you which card to use where.
No. 2: Transfer points to an elite card.
If you have a high-end rewards card, such as the Chase Sapphire Reserve*, each point you earn holds more value. By using that card for purchases or transferring points from other Chase cards to your elite card, you can automatically increase the value of your points by 50 percent.
No. 3: Book your flight through a partner airline.
Did you find the perfect American Airlines flight but don’t want to use that many of your points? Check out partner airlines, such as British Airways, which calculate rewards differently and may offer you that same flight for fewer points.
No. 4: Call your credit card company for deeper discounts.
If you find a discounted flight that is not offered through your credit card portal, call your credit card company and request that they honor that deal. Insiders say if they can find the link to the discount flight, your card issuer often give you the go-ahead.
You’ve got the cards. You want the rewards. Make sure the points you earn take you further with these credit card reward hacks.
* The content on this page is accurate as of the posting date. Please see the bank’s website for the most current version of card offers.