June 5, 2008

Making the most of reward programmes

With so many reward schemes around these days, it is just too difficult to gauge which ones are worthwhile, after all you only get a small amount of which can be described a discount or saving.

These schemes can be in the form of discount cards, points awarded on how you spend in a certain store and just about anything else that a business can think up in order to be able to keep hold of their customers.

But here are some tips on what’s out there:

Consider where you shop.

Project your spending.

Favour cash back.

Skip credit if you carry a balance.

Do the math on do-good programs.

Use airline miles fast.

Avoid temptation.

Of course you could just pay less for goods and services by haggling prices down; the discount is going to be much lower than any reward scheme ever offers.

Source [CNN]