I’m a big believer in rewards credit cards, because if you use them wisely, you can get some great free stuff. Over the years, I’ve gotten more great free stuff than I can name from using rewards credit cards. A small sample includes two trips to Hawaii, a trip to New York, countless free hotel stays in various cities, free meals, gift cards, cash back, and more. You get the point. These rewards credit cards have enabled me to do things I wouldn’t have done otherwise. For example, it’s a lot easier to justify a trip to Hawaii if the airfare and hotel are free.
But there’s one big caution you have to keep in mind with rewards credit cards. Read the rest of this entry »