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6 All-Time Favourite Credit Card Hacks

6 All-Time Favourite Credit Card Hacks

Whether you’re looking for free travel, low rates or awesome benefits, there’s a credit card hack for you. However, with so many credit cards tips and tricks to choose from, we wanted to zero in on the 6 with the biggest impact.

With increasing competition, credit card companies are constantly improving their credit card offers to attract new customers. Don’t hesitate to exploit their offerings to your advantage. Go with the card that gives you the most.

With that said, here are our 6 all-time favorite credit card hacks:

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1. Fly-Free Sign-Up Bonus Churning

Credit card companies offer more value to lure you in the door, than at any other time. Take advantage. Why spend $40,000 on your credit card to earn 40,000 points, when you can earn 40,000 points simply for applying for a new one?

In fact, we recommend churning as many credit cards as you can, to earn the most amount of points in the shortest period of time. Churning is simply the practice of opening a new credit card, qualifying for the welcome bonus, using the points, canceling the card and doing the same process over and over again.

2. 0% Balance Surfing

Paying interest on your credit cards is a choice. With a little effort, you can easily find a promotional 0% interest rate for 12 months or more!

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If you currently have high-interest credit card debt, find a balance transfer credit card with a 0% rate. Then transfer your high-interest credit card debt to your low-interest balance transfer card. Before the expiry of your 0% promotional rate, find another credit card offer with a 0% rate and do the same thing all over again. Surfing from one low rate to another is a time-tested hack.

3. Annual Companion Airfare Vouchers

Imagine if you could use your welcome bonus points to fly free, and then use a companion voucher to fly your spouse on the exact same itinerary as you, for $120!

Some cards offer an annual flight companion voucher, just for keeping your card open. Every year you keep your card, you get a voucher, mo minimum spend required. You can then use the voucher, usually for around $120, to fly your companion round-trip to anywhere in North America, saving you hundreds of dollars in airfare.

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4. Free Baggage

Ten years ago, we never thought about our bags. Now airlines are charging us every which way but Sunday in an endless stream of add-on pricing. Bags are no exception, costing us as much as $35 each way to check-in our bags. If you have a family of four, you could easily spend $280 ($140 each way) on baggage fees alone each trip!

Many credit cards now offer free first checked bags. However, some even offer free checked bags for the primary cardholder and up to 8 traveling companions. Just make sure that when you see a credit card offer free checked bags, you understand whether it’s on any of the airline’s flights, or only on those you redeemed miles for.

5. Cheap Foreign Exchange

Foreign exchange can be really expensive when traveling out of the country. Exchanging your money at an airport, hotel or touristy currency exchange booth is out of the question – it can easily cost you upwards of 10%.

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Credit cards can actually offer some of the most competitive exchange rates available. If you get a credit card with no foreign transaction fees, you’ll typically pay less than 1% to exchange your money – a lot better than what you’ll get from your bank if you exchanged your money in the branch.

6. Never Be Late Again

Late payments not only ruin your credit score, they can cost you $30 or more each and every time. Even though most of us have the money to pay our credit cards on time, many of us are late simply because we’re forgetful. Here’s a tip to guarantee on-time payments.

Simply pre-authorize payments to your credit card from your bank. You can choose to automatically pay your minimum payment due, or the entire balance. Obviously, we would recommend you choose to pay your entire balance, to avoid accumulating any debt whatsoever.

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Marc Felgar

Marc Felgar is an aging, health & senior care expert focused on improving the lives of mature adults.

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Last Updated on August 15, 2018

30 Fun Things You Can Do This Summer Without Spending Much

30 Fun Things You Can Do This Summer Without Spending Much

Summertime can be a real strain on your wallet. The sun is out, there are people to see, places to be; it’s no wonder you might be short of funds during these sunny months. Not everything has to cost you an arm and a leg.

Take some time to go through this list of 20 cheap summer activities and make some realistic goals to complete as many as you can.

Video Summary

1. Visit a strawberry festival

Summer is prime time for tasting strawberries. More often than not, an area that grows strawberries will have a strawberry festival. Indulge yourself in strawberry pies, jams, cakes and more!

2. Have a picnic

Take your partner or your family to the local park and enjoy a relaxing picnic. Designate each person to bring one food item of their choice to add to the fun.

3. Camp in your back yard

    The summer heat can sometimes make it hard to sleep. Why not enjoy the heat outside in the yard? Pitch a tent or gaze into the night sky.

    4. Take long walks

    Discover something new where you live. Take the afternoon off from your chores and go for a long walk. You may be surprised by what you discover.

    5. Break a world record

    Breaking a world record doesn’t have to be time-consuming. You could even break one on your lunch hour. Give it a go!

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    6. Go on a bike ride

    The number of bike paths on roads in big cities has increased dramatically over the years. Take advantage, and enjoy the summer breeze.

    7. Join a gym class

      The gym is not everyone’s idea of a good time, but why not go with a friend a join a class? Spinning, yoga and step classes are always more fun with friends, and a lot of gyms allow you to pay-as-you-go.

      8. Find a new hobby

      The summer is the perfect time to find a new hobby. Serotonin (our body’s natural “happy” hormone) is produced by the sunshine and will be at a yearly high, which is great for when we want to tackle something new.

      9. Join a sports team

      Not all sports teams are competitive and require huge amounts of your time. Join in the fun with like-minded people, get fit, stay healthy and make some friends along the way.

      10. Make a slip ‘n slide

        Gather your friends, some plastic sheeting, a hose, washing up liquid if desired, and make a huge slip ‘n slide just like these guys. Granted, yours won’t be as big, but you get the idea… it’s fun!

        11. Make a treasure hunt for your kids

        Today’s digital world sees our children more often than not playing inside than outside. Why not create a sense of adventure by making a treasure hunt? Only rule? It has to be outside.

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        12. Visit a free festival

        Towns and cities are awash with free festivals, with themes from film to science. Scout your local area and discover something new.

        13. Visit the zoo

          Let’s face it: we love animals. While browsing news websites and social media networks you’re bound to come across a few pictures of cats. Take a trip to your local zoo for a better experience.

          14. Take a road trip

          Enjoy the open road with a few friends and take a road trip somewhere–anywhere. Just go out and enjoy the sunshine!

          15. Play ultimate frisbee in the park

            Frisbee is always great fun down the park, but why not turn it into more of a competitive sport by playing ultimate frisbee?

            16. Make your own ice cream

            Ice cream is a very versatile dessert. Make a sandwich, enjoy a cone, or simply just enjoy a bowl full. Better yet, making your own ice cream allows you to create any flavor you want.

            17. Invite your neighbors over for a BBQ

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              When was the last time you invited your neighbors over? Do you even know them? Now’s your chance. Just ask each person to bring a food item so costs don’t mount up for you.

              18. Get a summer job

              For many students, summer is the time for relaxation and fun. But who said earning money and being productive isn’t fun? You only get out what you put into a situation.

              19. Attend a charity event

              Attending a charity event is a great way to raise funds and awareness for a cause, meet new people, and generally have a good time. Search for your local charity event today.

              20. Visit a national park

              National parks are a great way to explore nature and learn something new. You could even volunteer and make a difference in helping restore natural habitats.

              21. Visit your local comedy club

                Local comedy clubs are extremely underrated. They are cheap to attend and no doubt you’ll have a barrel of laughs.

                22. Make your own hammock

                  Hammocks are very relaxing, are perfect for summer afternoons and are surprisingly easy to make.

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                  23. Read in your new hammock

                  Now you have your very own hammock, the only thing left to do is enjoy it. Grab your favorite book and read to your heart’s content.

                  24. Watch a movie outside

                  Movies are great. Relaxing outside in the evening is great. Put them together and you’ve got a perfect combination. In D.C, Maryland and Virginia this summer, for example, you can enjoy a huge number of movies outside.

                  25. Take a hike

                    Hikes are a great way to keep fit and see more of Mother Nature. There are countless trails available for you to explore. Why not try some this summer?

                    26. Learn how to fly a kite

                    As a child, you probably had a kite and haven’t touched it since. Why not dust it off and attempt to fly it? It’s tricky, but well worth the challenge.

                    27. Work out at the park

                    American cities are full of parks with ample space for a work out session. No doubt you’ll be happier to work out in the sun rather than a crowded gym.

                    28. Take your dog to the beach

                      One of the many joys of owning a dog is taking him or her for long walks during the summertime. This joy is enhanced when visiting the beach, for both you and your dog.

                      29. Make a summer smoothie

                      Healthy, delicious and perfect for the summer. Not only that, there are countless recipes ready for you to try.

                      30. Attend a free yoga session at the beach

                      No experience needed and all skill levels are welcome. Take yourself and a buddy down to the beach and try some yoga. You’ve got nothing to lose!

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