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	<title>Debt and Credit Blog &#124; Free Online Tips and Resources &#187; redeem</title>
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	<link>http://mycreditdebt.org</link>
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		<title>Credit Cards are Useless Without Reward Programs</title>
		<link>http://mycreditdebt.org/credit-card-are-useless-without-reward-programs.php</link>
		<comments>http://mycreditdebt.org/credit-card-are-useless-without-reward-programs.php#comments</comments>
		<pubDate>Sat, 17 Oct 2009 20:15:39 +0000</pubDate>
		<dc:creator>Stephen Brown</dc:creator>
				<category><![CDATA[Debt & Credit Information]]></category>
		<category><![CDATA[cash back]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[free money]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[opportunity]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[redeem]]></category>
		<category><![CDATA[rewards]]></category>

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		<description><![CDATA[You are either taking money from credit card companies or you are letting them take all your money.  If you are using their reward program to full advantage, chances are good that you are the former group.]]></description>
			<content:encoded><![CDATA[<p>You are either taking money from credit card companies or you are letting them take your money from you.  If you are using their reward program to full advantage, chances are good that you are in the former group.</p>
<p>The most direct way to get credit card rewards is to spend.  The more you use your card, the better.  However, some cards have a limit where the reward percentage drops after a certain dollar amount.</p>
<p>Different cards are good for different categories.  Use that to your advantage by having a few cards and using the right card that will maximize your rewards.</p>
<p>Don&#8217;t want to sort out multiple cards and still want a good overall reward card?  Check out the ones that give out a respectable 2% cash back on every purchase.</p>
<p>Most people shy away from miles reward cards because of the annual fee.  But for those that travel frequently, these cards are great because it gives you so many points for flying.</p>
<p>Credit cards that are tied to a specific store may be great at first but remember that your credit score is tied to these accounts.  If the company were to go bankrupt, your card is automatically closed.</p>
<p>Using your points for products is like throwing money at the slot machine.  You may have fun but you are guaranteed to lose out.  Instead, look for travel rewards, cash back and gift cards.</p>
<p>Points can expire for all sorts of reasons.  So, look into them and make sure you redeem it for something before you lose it and don&#8217;t even know.</p>
<p>Applying for a credit card is important to your credit score.  That&#8217;s why you should think carefully about your score before you go ahead and apply for some reward program.</p>
<p>Buying is fun but it&#8217;s also costly.  Do not buy anything because you believe the reward is good.  Paying less for a product doesn&#8217;t mean that you are saving money.</p>
<p>A couple percent may not sound big but it adds up to huge amounts of cash.  Don&#8217;t ignore rewards just because those $10 cash back checks don&#8217;t seem to amount to much.</p>
<p><a href="http://moneyning.com/coupons/travelocity-promo-code/">Travelocity promo code</a> have been around for a while but no one is taking advantage. Are you going to be one of the lazy ones that doesn&#8217;t take the free money?</p>
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