Boost Your Credit Card IQ If you use credit cards in an intentional way, you can free up some valuable perks. We geek out on strategies to make credit cards work for you.
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Boost Your Credit Card IQ

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Boost Your Credit Card IQ

Boost Your Credit Card IQ

Boost Your Credit Card IQ

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  • <iframe src="https://www.npr.org/player/embed/684067151/705789939" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Angela Hsieh/NPR
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Angela Hsieh/NPR

It's easy to get in over your head with credit cards. But if you use them in an intentional way, you can free up some valuable perks, like airline miles or cash back on gas and groceries.

We geek out on strategies to make credit cards work for you, without getting out of control on spending.

Here's what to remember:

  • Use credit cards that have the best rewards on the things you spend the most money on.
  • Protect your credit score: Always pay off your balance, don't spend more than 30 percent of your credit limit and don't cancel a card you've had for a long time.
  • Don't out-game yourself by accepting too many new cards with sign-up bonuses.
  • Know yourself: If you've had trouble with running up debt, don't tempt yourself with more cards. A card with a low limit can help curb spending.

Listen to Secrets To Saving And Investing for more on managing your money.

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