It’s a given that as consumers, we usually have plastic in abundance in our wallets. Nonetheless, we tend to know precious little about our cards’ features and options, and few of us bother to learn which cards work best for different purchase types. This of course is what credit card companies count on due to the obvious savings for them!
As a result, cash-back rewards usually go unrealized, which is unfortunate. Reward Boost is a great new website, currently in ‘beta’, which will help to correct this consumer oversight.
Reward Boost was created by Kevin McKee, founding father of the personal finance blog Thousandaire, and is modeled after sites like Mint, that make credit card recommendations that can help you in achieving real savings.
The Concept is Simple:
Enter the credit cards you already own (no personal details — just the names of the cards) and specify your approximate budget in categories such as gas, restaurants, entertainment, and shopping.
Reward Boost will then show you which of your cards will provide the best deal in each category and recommends new cards whose rewards can facilitate your bottom line. The site shows you your total annual savings, which of course are offset against any annual fees.
It is really a terrific concept because like Mint, Reward Boost bases your savings on what you’re actually spending, versus a theoretical range.
As mentioned, the site is still young — it’s presently ‘in beta.’ When you visit the site, you may find it doesn’t currently list your particular credit cards; however, you can contact them and ask that they add them to their database.
Reward Boost is FREE, simple to use, and does NOT capture any personal financial information such as credit card numbers.
The potential for substantial savings it could bring you should be enough to entice you to visit the site. I would suggest you check it out and SAVE!
- Get Started With Travel Rewards in 4 Simple Steps (wisebread.com)
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