How to get more rewards from your credit card


Posted at Jun 29 2014 09:26 AM | Updated as of Jul 01 2014 07:43 PM

(Editor's note: This article was written by MoneyMax, the Philippines’ foremost online platform for comparing financial and telecom products and services, for Find out more at

MANILA - How well have you been treating your credit card lately?

You're probably thinking that this is another article that will discuss financial discipline and smarter spending. But, no. Let's look at the fun part of having a credit card.

The key word is rewards.

Every credit cardholder has the opportunity to earn points that are equivalent to gifts, as added perks of having a credit card. You simply need to swipe the plastic to rake in points, then you can select an item under your credit issuer's rewards catalog.

Some of the most common rewards you can get using your credit card points are airline tickets, accommodations, movie passes, certificates, memberships, gift items, and cash rebates.

On a few occasions, we've read and heard about free movie passes, meals, and airline tickets. But if you try to do a quick research on credit card points and rewards, you'll find out that there are a lot of people, especially foreign credit cardholders who often enjoy other luxuries through points redemption.

While the number of credit cardholders in the country is increasing, it's safe to assume that a lot of Filipinos still haven't realized how rewarding it is to be a credit cardholder. The rarity of these rewards stories speaks volumes on how knowledgeable and strategic Pinoys are in terms of maximizing credit cards.

Perhaps the misconception that a credit card is a gate pass to financial downfall has corrupted our logic, and ultimately, our ability to strategically earn great returns for swiping our cards and for being a loyal customer.

If you're a credit cardholder who wants to get the best rewards, here are some helpful tips to keep in mind:

• Find the right specialty credit card for you.
• Take advantage of sign-up bonuses to accumulate points.
• Maximize your card for various sale transactions.
• Do not spend just to earn points.
• Prefer transacting with your credit issuer's partners.
• Download or get a copy of your credit issuer's rewards catalog. has prepared an infographic to help you earn more credit card rewards/points: