Humble beginnings
A month after my eighteenth birthday, I applied for a secured Discover It Student credit card. I deposited $200 to obtain a credit line that was guaranteed by the deposit I had made. After a year of responsible use, Discover refunded the deposit, securing the credit line for me. After over half a decade of responsible use of the credit line, my credit limit with Discover has grown to $10,000. Discover has always provided excellent customer service, reasonable rewards, and has been instrumental to the development of my creditworthiness. Click here to earn a $100 bonus simply for making a purchase with your new account.
Reaping rewards
After establishing my credit history through a year of responsible use with Discover, I began seeking enticing introductory offers. Introductory offers are the best opportunities to reap the rewards of responsible credit use. Credit providers will offer incentives in the form of an introductory offer to reward you for establishing a new account. One of the most popular and rewarding introductory offers is the introductory offer for the Chase Sapphire travel credit card. This card’s introductory offer can potentially be redeemed for thousands of dollars worth of travel expenses. For example, the 100,000 Chase Ultimate Rewards points offered are equivalent to $2,500 in free nights with Hyatt hotels. The Chase Sapphire cards offer additional travel credits, benefits, and rewards for cardholders that can help offset the annual fee of the card if used responsibly. Click here to earn your 100,000 bonus points today!
Another great introductory offer is offered by American Express. American Express cards also offer rewards and benefits for both travelers and daily spenders. Click here to earn Membership Rewards points used for flights or CASH REBATE. You can get a one cent per point redemption by booking a refundable flight with points and cancelling the flight.
Capital One also offers a rewarding card called Quicksilver. This card has no annual fee, a straightforward introductory offer and bonus, coupled with a reasonable rewards program. Earn your $200 Introductory offer by clicking here!
Methods to maximize your rewards from introductory offers
Introductory offers typically require a minimum spend within a specific time frame after issuing the card to claim the incentive. These minimum spend amounts can seem difficult to reach or to afford. With planning and some help from your friends and family, these amounts are easily achievable, and you can benefit from the rewarding introductory offer.
To meet the minimum spend amounts, first form a plan and recognize the rate of spend required to earn the bonus before the introductory offer period expires. Try to meet or exceed this rate to ensure you earn the offer. By using your new card exclusively in your daily spending, you’ll be rewarded and earn a rebate for spending money you would have spent anyway. This rebate can quickly add up to thousands of dollars over relatively short periods of time.
While an introductory offer’s minimum spend amount may seem unattainable, being reimbursed by family and friends for expenses incurred after using your new card is a great strategy to meet minimum spend thresholds. By leveraging others’ expenses, you reduce the spending remaining to earn your bonus.