Practical Credit Card Rewards for Your Growing Family



Credit card rewards programs are everywhere these days. If you
want to save for a new car, get discounts at your favorite clothing
store, or even contribute more money towards your retirement account,
there’s likely a program out there that suits your every interest
and need. But the glut of rewards programs has its drawbacks, as
well. First of all, it means that there are numerous restrictions and
regulations that consumers
must navigate
and which differ from offer to offer. Secondly, on
a more basic level, the sheer number of programs out there can be
overwhelming for many people. If you have a niche interest it can be
easy to determine which credit card you want. But, for most of us, it
can be difficult to decide exactly where we want our points and our
cash to go.

This is even more so the case when a growing family is involved.
As a mom with two young children, I know very well how a family’s
needs and interests can change rapidly as a child develops. What my
children like today they make not want tomorrow. What resources may
help my family the most this year may not be important in years to
come.

But I don’t want changing interests to force my family to forgo
the benefits that credit card rewards programs can provide. For this
reason I have chosen to enroll in three programs – all of which are
practical, generally applicable, and will always help meet my
family’s needs.

Card #1: Gas Rebates
My first rewards program helps my family save money on an expense
that most Americans regularly pay: gas. With gas prices high these
days, it doesn’t take a commute
calculator
to show you that a significant amount of money likely
goes towards transportation costs on a monthly basis. For this
reason, I have enrolled in a BP gas rebate program. So long as I fill
up at BP, I will receive discounts on my gas purchases.

Card #2: Grocery Costs
Any family with young kids surely knows that growing children are
capable of consuming a fair amount of food. Furthermore, as a core
and necessary expense, food costs are the kind of thing that adds up
quickly over time. Even if you shop smart and avoid high-price
grocery items, there’s still a good chance that you spend a
considerable portion of your budget on food. Consequently, I have
recently begun using a credit card that offers rewards on grocery
items. While these cards were once restricted to individual stores,
the one I use promises the rebate at any shopping center I may
frequent.

Card #3: Cash Back
For the ultimate in flexibility and practicality, nothing out
there can truly beat a card that offers cash back, especially no
fee credit cards
 of this sort. It’s important to do your
research properly, however, as there are a wide range of cash back
offers out there, some of which are far better than others. I use a 5
cash back credit card
 that gives me 5% back on most
purchases.

In my opinion, these three rewards types are the most practical
and flexible for any consumer out there. If you have a young children
and a growing family, however, they are even more important and
worthwhile to have.

This is a paid post, I was compensated for placing this post on my site.

1 Comment

  1. Laura Lane
    November 2, 2012 / 1:05 am

    I'd rather not go back to credit cards of any kind.

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