Rewards points
Credit cards are “programmed” to allow cardholders to earn one or more points per dollar in spending. There are a lot of reward credit cards that provide bonus points for every specific category of spending, such as restaurants, groceries, or even gasoline.
When specific earning thresholds are hit, points can be used for travel, gift cards from retailers, and even restaurants. Your credit card rewards options are endless, which is amazing. You can get a co-branded card, that could have a partnership with a hotel chain, clothing retailer, or even a nonprofit organization, such as AARP.
This way, you’ll have the option of leveraging your everyday purchases, to earn valuable rewards.
3 Responses
Those are really helpful tips that I already knew and instill in my children.
I agree with the credit card usage advice this article provided except with the use of a VISA credit card. I am a senior citizen that used my Nordstrom’s VISA credit card for Pauley’s Movers in Baltimore, MD. When I complained about the overcharges and services of the movers, Nordstrom agreed with my complaint and directed me on properly filing my complaint to VISA. VISA declined all the evidence I provided. I would not recommend VISA to anyone. I am no longer a VISA customer. Unfortunately, I found out too late many other negative reviews online about this moving company and, I’m extremely disappointed in VISA response and actions.
J
Very helpful, but I may talk face-to-face with my banker to clarify what’s best for me as a senior.