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Thursday, February 23, 2017

5 creative ways to use your credit-card rewards

[Credit card woman]Getty Images You finally have a credit card that offers amazing rewards. But how do you take advantage of them? Although free flights and cash are great perks, you can explore other ways to use your rewards to make your life even better. Below are five creative ideas for making the most of your credit-card rewards: LEARN MORE ABOUT USING YOUR CREDIT-CARD REWARDS. _This post is sponsored by Capital One._ 1. USE YOUR WEDDING TO PAY FOR THE HONEYMOON. Getty Images Your wedding might seem like an endless list of expenses, from flowers and a DJ to your day-of coordinator. If you're smart about it, you can score a free honeymoon by paying for your wedding with a rewards credit card. Plan to use the same credit card for big-ticket wedding purchases — like your wedding dress or suit — within a certain timeframe. After you earn miles or points, redeem them by booking a flight to Hawaii, Mexico, Greece, or wherever your heart desires. 2. GIVE BACK. Getty Images If you don't know what to do with your rewards, why not give them to an organization you want to support? You can make a donation to a charity close to your heart, and it may even be tax-deductible. Whether you want to help military veterans, your favorite museum, or your hometown's hospital, you have options: Capital One's Giving Site allows you to choose from more than 1 million verified charities in the US that also are tax-deductible. 3. ERASE THE COST OF TRAVEL EXPENSES. Getty Images When you travel, there are lots of unexpected or hidden fees that add up. For example, in-flight Wi-Fi, checked-bag fees, and hotel parking can take a toll. But with the right credit card, you can get back some of that money. With Capital One's unique Purchase Eraser® tool, you can get reimbursed for recent travel expenses (within 90 days) by redeeming your accumulated miles for a statement credit. SEE THE REST OF THE STORY AT BUSINESS INSIDER


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