This post brought to you by Reward Summit. All opinions are 100% mine.
I have a strategy when it comes to credit cards. First, I always, always make sure what I spend is something I can pay off in full. Since I’m not paying any interest, that means I can really take advantage of the rewards, points, and cash back deals that my credit cards offer. But not all credit cards rewards are the same. Some credit cards are better than others for certain purchases, and Reward Summit is a new app for both iPhone and Android that is designed to help us maximize our credit card rewards.
Whenever I use any type of app that deals with money, I’m always concerned about privacy. I don’t like having to give my credit card information out, so it was nice to see that Reward Summit doesn’t require that. It just asks for the types of credit cards you use, then makes recommendations on the best credit card for your purchases so you can get the most rewards for that purchase. No personal information or credit card numbers are required (phew!)
Once you download the app, you can enter in the types of credit cards you have. Then, when you’re out shopping (or even shopping online) you can type in the store name, or use the built in locator, to show which cards will earn you the most for your purchase. For example, when I search for “Walmart”, it tells me that my AmEx will earn me $0.30 in rewards on a $25 purchase vs. $0.25 on my other card.
If you use Reward Summit to maximize rewards on all your purchase, you can also use it to run reports to see how much your spending in what categories and on what cards. You view any special promotions on the cards you’re tracking as well as provide tips on how to optimize your spending. All of your shopping data is encrypted and the app is especially secure since it doesn’t store your account credentials.
I love not just stretching a dollar but also stretching the dollar AND earning rewards. Reward Summit looks like an app that can really help me maximize my credit card rewards.
To learn more about Reward Summit: