Top 5 ways to maximise your credit card rewards

Whether it’s getting cash back, airline miles or just boosting your credit, we all want to feel like we’re winning the credit card rewards game.

Here are five top tips to maximize your credit card rewards, according to new American Express research.

1.      Use your credit card for everyday purchases: Some people only use their credit card for large purchases when looking for extra security or protection, but using your credit card to pay for your everyday purchases is a savvy way of earning reward points quickly.

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2.      Pay for group bills: Offer to pay the bill when you’re out with friends – for example at a restaurant – on your own credit card or mobile wallet (Apple Pay, Samsung Pay and Android Pay) and simply ask your fellow guests to pay you their portion. That way, you earn a higher number of reward points without spending more yourself.

3.      Frequent flyer points: The most common rewards associated with credit card points are frequent flyer points. With American Express, your points take you further than any other credit card schemes. And if you’re a keen jetsetter, look out for cards that also offer a free flight every year, automatically saving you a few hundred dollars.

4.      But it’s not all about jet setting: There are a number of ways you can put your points to use as a form of payment, rather than redeeming them for goods or experiences.

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5.      Remember, it’s not just about clever points management: Think about the extra benefits that a card can offer you – free travel insurance or mobile phone screen protection could save you hundreds of dollars a year, while VIP access to airport lounges or entertainment venues is pretty hard to put a price on!