You may be able to save money by using a credit card for your next purchase.
- A rewards credit card can earn you valuable points or miles, but it can also unlock additional savings opportunities.
- Find out how to get deals and discounts from your favorite retailers.
For most people, spending money is very easy, especially when using a credit card to make purchases. But before you rush into a purchase, whether it’s online or in store, there’s one thing you need to do first. You should check if they have any credit card offers that can save you money. Find out how easy it is to get additional discounts when buying with a credit card.
How a credit card can save you money
I use a credit card to pay for most of my daily purchases.
Here are three reasons why using a credit card is a good idea:
- With the right credit card, you can earn rewards for your spending.
- Credit cards have better fraud protection than debit cards.
- Responsible use of credit cards can help you build credit.
Credit cards are convenient to use and offer many benefits. But did you know that you can also save money the next time you use a credit card to make a purchase?
Don’t ignore discounts and offers from your credit card issuer
Sure, you can earn cash back rewards with cash back credit cards. But you can also get a great deal with your card.
Some credit card issuers partner with brands to offer additional savings to their cardholders.
For example, Chase has its Chase Offers program and American Express has its Amex Offers program. Cardholders can easily access these programs through their card issuer’s website or mobile app and search for available deals and discounts from different retailers.
How to use credit card offers to save money
If you want to save money, follow these simple steps:
- Before you make a purchase, check to see if there are any helpful offers from your card issuer.
- After exploring the available offers, activate the offer you want.
- Use the credit card linked to the offer to pay for your purchase.
How is the discount applied? The offer will not be applied directly to your payment total as a coupon. Instead, most credit card issuers return the money to you as a credit on your statement.
I recently saved $15 buying furniture
Last month, I was about to make a furniture purchase with Wayfair. Before entering my credit card details, I checked each of my rewards credit cards to see if there were any offers from Wayfair.
One of my American Express credit cards had an offer of $15 off $75 or more available. I activated the offer and used my American Express credit card to pay for my order. I received a $15 statement credit on my American Express card a few days later. Took seconds to save a few bucks.
While $15 may not seem like a lot of money, the savings can add up quickly if you activate multiple offers throughout the year. All you need to do is get in the habit of checking your credit card offers before you make a purchase.
I don’t remember to check all the time, but I try to when I make a more expensive purchase. This simple trick helps me keep more money in my bank accounts. Also, it doesn’t require much effort on my part.
If you’re looking to earn rewards credit cards and want the opportunity to save money with additional discounts and offers, check out our list of the best rewards credit cards to find the card that’s right for you.
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