Tuesday, October 24, 2017

Meeting Minimum Spending Requirements

“All these credit card bonuses sound great but how am I supposed to meet these minimum spending requirements?” I know that some of these minimum spending requirements may seem daunting but there are a couple of strategies I recommend to help meet these requirements (other than the obvious focused spending with the credit card).

Pay Your Bills

Many people still use bill pay from their checking accounts. Instead, check your bills and find out which ones accept credit card payments without extra fees. You pay a lot in bills anyway so you 
might as well get something extra when paying them.

Gift Cards


Gift cards are just another type of currency, just try to buy cards that have no expiration dates. I also recommend “double dipping” your rewards. For example, some supermarkets offer gas rewards with the more you spend at their stores. Buying the cards will help meet your credit card’s sending requirements, earn credit card rewards points, and earn gas rewards points.   

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