Getting the Most Out of your Credit Cards


Just like car insurance, you can get great deals on your credit cards when you’re a responsible consumer. If you have very good credit, you’ll be able to take advantage of a lot more perks, but it can be challenging to figure out which credit cards will be the best fit with your spending habits and lifestyle. However, with a little research, you can maximize your credit card rewards.


What Have You Done For Me Lately?

If your credit score is good, you should call your credit card issuers once a year to ask what advantages you’re eligible for based on your history with them. Often, they can waive fees, increase your credit limit or provide you access to exclusive experiences.


Rewards, Rewards and More Rewards

Many credit card rewards programs work on a point system, in which you earn a certain number of points for each dollar spent. When you accumulate a certain number of points, you can redeem them for gift cards or items from the credit card company’s rewards catalog.

Reward options are seemingly endless. The trick is to find the card that best fits your spending patterns. Here are three primary types of reward credit card features:


1. Everyday spending

This card typically awards bonus points for the categories you spend the most on, and you will earn rewards that add value to your lifestyle. Your everyday spending credit card should also have built-in purchase protections in case the items you purchase become lost, damaged or simply go on sale right after your purchase.

In most cases, you will not want this card to only award you one mile or point per dollar. You often can find a better earnings ratio that gives more points for your dollar.

2. Perks for things you love the most

This type of rewards card provides perks and special access to things that mean the most to you. These could be in-store discounts or special benefits at your favorite retailer, or behind-the-scenes access to special events. As with all credit cards in your wallet, if there is an annual fee, be sure you are getting your money’s worth each year.

3. Reduce travel costs

If you travel and want to travel even more, find a credit card with built-in perks, such as the ability to redeem points or miles to cover travel expenses, such as airline tickets, hotel stays and more. General-purpose travel credit cards may offer flexible rewards you can often use without restrictions and blackout dates of branded cards.


Get more cash back

MSUFCU offers its Visa Signature Credit Card, giving cardholders even more cash back on the things they buy the most:

  • 3% cash back on groceries
  • 2% cash back on gas, travel and universities
  • 1% cash back on all other purchases

Plus, cardholders get instant access to VIP experiences and exclusive discounts, including no international transaction fees. To learn more about the Visa Signature Credit Card, visit or stop into a branch today.

Having credit cards based on your lifestyle and budget can help you save money if used wisely. The trick is to stay on top of your spending and make the most out of the credit card perks without breaking your budget.


Deidre Davis

Deidre Davis is the Vice President of Marketing and Communications at MSU Federal Credit Union. MSUFCU's headquarters are at 3777 West Road East Lansing, MI 48823. Contact Deidre ad or (517) 664-7877.

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