Happy Sunday to all of our travel friends, both near and far! Here are some articles we’ve read from other bloggers (and other sources) that we think you may like, as well, so we’re passing them along.
When applying for a credit card you’ll usually see a place to add authorized users. The banks will phrase it like “ADD UP TO FIVE PEOPLE TO YOUR ACCOUNT FOR NO EXTRA CHARGE!” If you do this, the bank will send credit cards to everyone. Great, right? Maybe, maybe not. Here’s a quick rundown of what an authorized user is and why it may be a good, or a bad, idea to add one to your account.
If you collect miles and points by using your credit cards, knowing what cards to use for each purchase will maximize the points you’ll earn. However, making sure you have the right card with you at all times and staying up to date on the current bonus categories is a lot of work. If you’re the type of person who, like me, wants to maximize earnings on every purchase, you need to carry at least 3-4 cards with at all times. If you’re someone who just wants to have one card for all of your purchases, like Sharon, you need to carry a card that’s good for the majority of the things you buy. Looking at the cards that I have in my wallet compared to what cards Sharon carries can give you a glimpse into two different strategies for earning points and miles.
It’s been almost a year since I’ve gone over which cards Sharon and I are carrying in our wallets. Since we each have a different approach to earning miles and points, mine being obsessive about earning the maximum points for each transaction, and her desire to exert the least amount of thought into the process (Note from Sharon: Hell yeah! LOLOL!), the cards we carry are different.
There’s a method to my madness, as I manage to balance the two approaches and come to a plan where we maximize earning while minimize effort (and still keep our marriage together). (Note from Sharon: Again. Hell yeah!)
If you spend a lot of money each month filling your car with gas, it makes sense to maximize your return on those expenses. Many credit cards offer bonuses on gas purchases. It’s a smart business choice because using a card for gas means that card will always be in your wallet or purse and you’re more likely to use that card for other purchases besides when you go to fill up the tank.
Which card is the BEST? It depends on what type of reward you want to earn (cash or points), if you want to pay an annual fee and if you want an all-around card or a card that’s just for gas purchases. This is one of the instances where Your Mileage May Vary. Here are some of the cards available, with above average return on gas purchases.