Get more value from rewards credit cards through bonuses and spending - Business Insider

I'm someone who usually focuses on the long term when it comes to my money. I always knew to turn down a credit card for a free pizza, t-shirt, or frisbee in college. Once I graduated and began to establish positive credit, I started to see bigger and more tempting offers forIt didn't take long for me to learn that building balances for free flights and hotel nights is a lot easier if you leverage both the bonus and the miles and points earned from daily spending.

Keep in mind that we're focusing on the rewards and perks that make these credit cards great options, not things like interest rates and late fees, which will far outweigh the value of any points or miles. It's important to practice financial discipline when using credit cards by paying your balances in full each month, making payments on time, and only spending what you can afford to pay back.

Your credit score and report are complex measures of your borrowing history. While it is true that opening and closing new accounts can harm your credit, a higher number of accounts with a perfect payment history helps your credit. Over the long term, it's best to keep accounts open as long as possible. However, you shouldn't be too scared about opening up a new one from time to time..

Get a life, not new cards

Anybody who has 15 credit cards needs to be committed

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