Credit Cards to Save Money

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With gas prices rising so much, it’s been irresponsible of me to not mention some of the great rewards programs with credit cards today. I have to admit to that credit cards are not for everyone. If you have trouble with controling your spending and staying in a budget, this probably isn’t for you. However, if you are reading this, you are likely to have enough self-control to take advatage of the rewards programs.

Citibank’s Citi Cards and Chase Credit Cards both offer cards that give you 5% cash back on groceries, drug stores, and gas stations. Chase has another that offers a 3% cash back at restaurants, office supply stores, and home improvement stores.

I take advantage of all these cards (and pay them off every month). A bonus tip that I have for you is to buy gift cards at drug strores with the 5% card. The cards make it difficult to get a break down of the rewards, but I think this works. If it doesn’t work, you will have lost nothing.

Update: These cards from Chase and Citibank doesn’t seem to be available anymore. Instead, I suggest you look at these credit card recommendations.

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Credit Cards

Posted by Lazy Man on June 1, 2006

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Carrying a balance on your credit card account from month to month can be insanely expensive. Paying down the outstanding balance on your credit cards should be a top priority for anyone carrying debt. Take advantage of introductory 0 interest offers and attractive cash back rewards, but pay down that card balance aggressively in order to manage that debt effectively.

One Response to “Credit Cards to Save Money”
  1. credit card driver Says:

    There is also a nice Discover Gas card with 5% cash back on gas and a 1% cash back bonus on ther purchases automatically, no annual fee and 0% Intro APR on purchases and Balance transfer

 
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