Using credit cards correctly

We only use are credit card when something comes up and we do not have the cash on hand at the moment.And then when we get the bill we pay it off

I take full advantage of my rewards program and it has paid off two Christmases in a row. It will be paying off in an mp3 player for me in the near future as well.

The way we do it, however, is to have one card that is exclusively for reward-earning purchases. Then we just use it in place of our debit cards. Meanwhile, I drop money onto it on a weekly or greater basis to cover the purchases. The card limits online payments in amount and frequency, however there is no limit to the number of times I can send a payment from my bank account.

if you are going to use your credit card for small amount, better pay it off in cash...credit cards are better especially if you are paying huge amount like furniture and stuff...make sure to get the 0% insterest.

I have always thought to use a credit card in emergencies only. Or if you use it to pay it off right away. I know a lot of people that use it every day and get into some trouble with it.

I use my credit card to purchase necessary products or services online which I can't purchase offline. For instance, my credit card is used to pay my webhosting fees.

[QUOTE=milo07;1105]I take full advantage of my rewards program and it has paid off two Christmases in a row. It will be paying off in an mp3 player for me in the near future as well.

The way we do it, however, is to have one card that is exclusively for reward-earning purchases. Then we just use it in place of our debit cards. Meanwhile, I drop money onto it on a weekly or greater basis to cover the purchases. The card limits online payments in amount and frequency, however there is no limit to the number of times I can send a payment from my bank account.[/QUOTE]

We were discussing this in another thread. It would be stupid not to use your credit card to pay off every day bills and take advantage of rewards points, cash back, frequent flier miles, etc.

seems like these rewards are from various card companies is helping you. well in my case they havent helped a lot. i am always short of points before i get to the required number of points, the offer is terminated from the company side.

Let's discuss it in detail:

[url=http://www.cashguru.info]Cash Guru[/url]

[QUOTE]We only use are credit card when something comes up and we do not have the cash on hand at the moment.And then when we get the bill we pay it off[/QUOTE]Exactly. I think everyone understands that.

I have no interest on my credit card if I pay it off as soon as the bill arrives a month later. Therefore I try to use my card as much as I can to earn points for rewards. To keep track of my spendings I keep monitoring my online-statement. It works for me.