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Daily Banking

How to maximize your credit card rewards

March 7, 2025
2
min read

Are you getting the most out of your credit card? Or could you be taking advantage of a different card to earn more points for everyday purchases?

Woman looks at credit card and phone smiling

Credit cards make shopping quick and convenient. They also make it more rewarding, since you can earn points for the purchases you make. With a rewards credit card, you can get points for things like buying groceries or booking a flight.

The way you can use your points is flexible – redeem them for travel, cash, or gift cards.

We’re all looking for ways to get more bang for our buck. When’s the last time you looked into the rewards you get from using your credit card? Depending on your spending habits, you could be getting better rewards from a different card.

With the cost of living always on the rise, a little extra change goes a long way. We’re here to help you get the most out of your credit card! Let’s dive into how you can maximize your reward points:

Why should you use a rewards card?

Depending on which card you choose, you can take advantage of different benefits, tailored to what matters to you most. A few perks of using a rewards credit card include:

  • Travel benefits. Use your reward points for flights and hotels to make your next vacation more affordable. You can also choose a card that offers travel insurance as one of the perks.
  • Cash back rewards. Once you’ve earned enough points, you can redeem them for a statement credit or deposit the funds directly into your chequing or savings account.
  • No annual fee. Choose a no fee card to use your credit card for free!

Use different cards for different purchases

With credit card rewards, you have to spend money to make money – literally!

Buying certain items with specific cards can help you maximize your reward points. For example, a credit card with travel perks is ideal when booking a vacation. But for your weekly grocery order, another card might be a better fit.

Whenever possible, try to use the right card for your purchase to maximize your reward points.

Are rewards cards right for you?

With a better understanding of your shopping habits, you can find a card that’s suited to your needs. When selecting a rewards card, consider:

  • How much you spend. Your monthly spending determines how many points you’ll earn. Based on your shopping history, which card will offer you the most points? To answer that, try our rewards calculator!
  • Interest rates. If you carry a balance over to the next month, you can choose a low rate credit card to save on interest.
  • Fee or no fee. If you make most of your purchases with your credit card, the reward points you earn can offset the cost of the annual fee. But if you tend to spend less, you might be better off with a no fee card.

Am I eligible for a rewards card?

The best way to find out is to apply! You can book a meeting or apply online to find out if you’re eligible for one of these cards, which is partly determined by your credit score.

Unwrap your rewards with a Cambrian credit card

A little extra cash goes a long way. With the right credit card, you could be getting more rewards every month.

Right now, you can take advantage of an incredible intro offer with a Cambrian Credit Union credit card. Apply for a new Premium Cambrian Mastercard® before April 30th and you’ll get up to 10,000 Flex Rewards points + a $120 annual fee rebate* - that’s a $220 value*!

Unwrap your rewards today.

Disclaimer:

*Terms and Conditions apply. Subject to credit approval.

Today’s Rates

*All rates and yields subject to change without notice.
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