Utilize Loyalty Rewards To Their Fullest Potential
August 31st, 2008If you shop in places that have rewards programs, you’re being a smart shopper. Do be careful that the cost of doing business doesn’t shadow the reward, though.
If you shop with a card that gives you cash back, be sure that their interest rate still makes it profitable. In the ideal scenario, you’re going to save money and make money and the best way to ensure that happens is to NOT carry a balance.
When buying groceries, gas and other items, shop at stores that offer reward programs and when choosing a credit card look for not just a low interest rate but also look for plans with rewards.
By shopping around you’ll save money and be happy with your purchases. A great idea is to cash in many of your loyalty programs in October or November in time to use those rewards as Christmas gifts or for gift certificates to take the burden off (or lessen the burden) of Christmas shopping.
