What are some tips for maximizing cashback on my credit card?

What are some tips for maximizing cashback on my credit card?

To maximize cashback, consider using your card for everyday purchases, paying off the balance in full, and choosing a card with higher cashback rates on categories you spend the most.

Are there specific categories where I can earn more cashback?

Yes, many cards offer higher cashback rates on categories like groceries, gas, dining, and online shopping. Check your card's rewards structure.

Should I sign up for multiple cashback cards?

It can be beneficial to have multiple cards to take advantage of different cashback categories, but be mindful of managing payments and fees.

What are the common fees associated with cashback cards?

Common fees include annual fees, foreign transaction fees, and late payment fees. Always read the terms before applying.

Can I combine cashback rewards from different cards?

Typically, cashback rewards from different cards cannot be combined, but you can redeem them separately for various rewards.