Comments on: Does anyone know the best way to use a rewards credit card?

By: Credic J

Credic J — Sat, 29 Nov 2008 17:18:59 +0000

Yes buying as much as possible and paying it off everymonth is the way to go for rewards. You can pay bills with most credit cards, you just have to see if your bill companies accept credit cards.
References :

By: Elliott

Elliott — Sat, 29 Nov 2008 17:00:59 +0000

very easy

1) Use your credit card for things you would normally buy.

2) Put your cash in the bank, write a check to pay off the credit card at the end of the month.

If you cant pay off your whole balance every month, then rewards and free cash from credit cards isnt for you.
References :

By: F

Sat, 29 Nov 2008 16:15:59 +0000

You're on the right track. The best way is to make all your purchases on the card, and pay it off in full each month. Just make sure you dont get sucked in like a lot of people and buy things you cant afford and end up paying loads of interest, as it's not worth it.

Generally you cant pay a Home Loan or Personal Loan from your Credit card, as most cards wont allow you to "Pay credit with credit" Most bills such as power, phone and cable you are able to pay with your credit card.

I put my pay into a high interest account, and just pull out the required amount each month to pay on the card to avoid interest being charged. Everything possible goes on the credit card.
References :
work for a bank