Favorite Limit Reached


You can add up to 50 stores to Favorites.

Go to the Favorites page to remove some stores.


You can add up to 100 current Deals to Favorites.

Go to the Favorites page to remove some Deals.

Favorite Limit Reached


You can add up to 100 current Offers to Favorites.

Go to the Favorites page to remove some Offers.

  • Select a
    Cash Back offer
    This will activate Cash Back
    and send you to the store's site
  • Shop as you normally would
    Make a purchase at the store's website.
  • Earn Cash Back
    Cash Back will show up in your BeFrugal account, usually within 1 day.
  • Get paid!
    Request your Cash Back when
    and how you want it.
Shop Now
Cash Back typically available for payment 15-60 days after purchase.
×
Join Now & Get $10!
menu

BeFrugal BeFrugal Logo

BeFrugal BeFrugal Logo

  • Join For Free & Get $10
  • Log In
  • Help  
    0
     
    • Back
    • FAQs
    • How Does Cash Back Work?
    • Missing Cash Back?
    • Travel Cash Back
    • BeFrugal Rewards
    • BeFrugal Extension
    • Live Chat
    • Customer Care
    • Support Tickets (0)

Are you sure you want to log out?

Important! After you log out you will not be earning Cash Back while shopping through BeFrugal!

Log Out
×
search back back
  • All Stores
  • StoresShop by Category
    • Back
    • SEE ALL STORES
    • Apparel - Men's  
      • Back
        • Featured Stores
        • JCPenney 1.8% Cash Back
        • Old Navy 9% Cash Back
        • Under Armour 10% Cash Back
        • See All Apparel - Men's Stores
        • Dockers

          15% Cash Back

          was 2.4%

        • Macy's

          11% Cash Back

          was 4%

    • Apparel - Women's  
      • Back
        • Featured Stores
        • Gap 9% Cash Back
        • Athleta 13% Cash Back
        • JCPenney 1.8% Cash Back
        • See All Apparel - Women's Stores
        • Macy's

          11% Cash Back

          was 4%

        • Bloomingdale's

          7% Cash Back

    • Baby, Kids & Toys  
      • Back
        • Featured Stores
        • KiwiCo 13% Cash Back
        • Fat Brain Toys 11% Cash Back
        • Lego 8% Cash Back
        • See All Baby, Kids & Toys Stores
        • The Children's Place

          8% Cash Back

        • Disney Store

          7% Cash Back

    • Beauty  
      • Back
        • Featured Stores
        • Sally Beauty 9% Cash Back
        • SkinStore 8% Cash Back
        • MAC Cosmetics 9% Cash Back
        • See All Beauty Stores
        • Sephora

          5% Cash Back

        • Bobbi Brown Cosmetics

          13% Cash Back

    • Computers  
      • Back
        • Featured Stores
        • ASUS 6% Cash Back
        • Office Depot and OfficeMax up to 8%
        • Acer 9% Cash Back
        • See All Computers Stores
        • Razer

          up to 9%

        • Lenovo

          10% Cash Back

    • Electronics & Photo  
      • Back
        • Featured Stores
        • Razer up to 9%
        • GoPro 6% Cash Back
        • Adorama 6% Cash Back
        • See All Electronics & Photo Stores
        • Staples

          9% Cash Back

        • Best Buy

          5.5% Cash Back

    • Home & Garden  
      • Back
        • Featured Stores
        • HSN up to 13%
        • Bed Bath & Beyond 9% Cash Back
        • Tractor Supply Company 0.5% Cash Back
        • See All Home & Garden Stores
        • Lowe's

          up to 7%

        • Sears

          7% Cash Back

    • Luxury  
      • Back
        • Featured Stores
        • YOOX 8% Cash Back
        • Brooks Brothers 7% Cash Back
        • Coach 0.5% Cash Back
        • See All Luxury Stores
        • Bloomingdale's

          7% Cash Back

        • Sephora

          5% Cash Back

    • Shoes  
      • Back
        • Featured Stores
        • Under Armour 10% Cash Back
        • adidas 8% Cash Back
        • Joe's New Balance Outlet 7% Cash Back
        • See All Shoes Stores
        • Finish Line

          10% Cash Back

        • Nike

          10% Cash Back

    • Sports & Outdoors  
      • Back
        • Featured Stores
        • Cabela's 8% Cash Back
        • Under Armour 10% Cash Back
        • Athleta 13% Cash Back
        • See All Sports & Outdoors Stores
        • Reebok

          13% Cash Back

        • 32Degrees

          13% Cash Back

    • Travel  
      • Back
        • Featured Stores
        • Enterprise Rent-A-Car 7% Cash Back
        • Priceline up to 11%
        • Expedia up to 11%
        • See All Travel Stores
        • Hotels.com

          up to 11%

          was up to 2.4%

        • Booking.com

          11% Cash Back

          was 2.4%

    • See All Categories...
    • More Categories…
    • See All Stores
      • Back
      • SEE ALL STORES
      • Automotive  
        • Back
          • Featured Stores
          • Discount Tire 7% Cash Back
          • RealTruck 9% Cash Back
          • TireMart 13% Cash Back
          • See All Automotive Stores
          • The Tire Rack

            5.5% Cash Back

          • TurtleWax

            10% Cash Back

      • Books & Education  
        • Back
          • Featured Stores
          • Exam Edge 20% Cash Back
          • Book Outlet 8% Cash Back
          • Alibris 10% Cash Back
          • See All Books & Education Stores
          • Rosetta Stone

            8.5% Cash Back

          • Better World Books

            10% Cash Back

      • Business & Services  
        • Back
          • Featured Stores
          • GoDaddy 10% Cash Back
          • Dell Technologies up to 4.2%
          • Zoro 9% Cash Back
          • See All Business & Services Stores
          • Staples

            9% Cash Back

          • Quill

            9% Cash Back

      • Entertainment  
        • Back
          • Featured Stores
          • Verizon Home Internet $45 Cash Back
          • DIRECTV up to $150
          • Xfinity Residential $15 Cash Back
          • See All Entertainment Stores
          • TicketMaster

            5.5% Cash Back

          • Starz

            $1 Cash Back

      • Flowers, Gifts & Party  
        • Back
          • Featured Stores
          • The Bouqs 9% Cash Back
          • Paper Mart 8% Cash Back
          • Edible Arrangements 8% Cash Back
          • See All Flowers, Gifts & Party Stores
          • Personalization Mall

            15% Cash Back

          • 1-800-FLOWERS

            13% Cash Back

      • Food & Restaurants  
        • Back
          • Featured Stores
          • Omaha Steaks 13% Cash Back
          • Gourmesso 30% Cash Back
          • See All Food & Restaurants Stores
          • OLIPOP

            15% Cash Back

          • Instacart

            $5 Cash Back

      • Health & Wellness  
        • Back
          • Featured Stores
          • MyProtein up to 13%
          • 1-800 CONTACTS up to 11%
          • Vitacost 7% Cash Back
          • See All Health & Wellness Stores
          • GNC

            6% Cash Back

          • NHC Vitamins

            up to 15%

      • Jewelry & Accessories  
        • Back
          • Featured Stores
          • Bed Bath & Beyond 9% Cash Back
          • Macy's 11% Cash Back
          • Ross-Simons 8% Cash Back
          • See All Jewelry & Accessories Stores
          • Kay Outlet

            up to 7%

          • Zales Outlet

            7% Cash Back

      • Luggage & Handbags  
        • Back
          • Featured Stores
          • kate spade 9% Cash Back
          • Coach 0.5% Cash Back
          • Saks Fifth Avenue 7% Cash Back
          • See All Luggage & Handbags Stores
          • Kohl's

            7% Cash Back

          • Macy's

            11% Cash Back

            was 4%

      • Pets  
        • Back
          • Featured Stores
          • Chewy 8% Cash Back
          • Only Natural Pet 7% Cash Back
          • PetMeds 13% Cash Back
          • See All Pets Stores
          • Pet Care Supplies

            15% Cash Back

          • PETCO

            7% Cash Back

      • Phones & Accessories  
        • Back
          • Featured Stores
          • Motorola 7% Cash Back
          • Mint Mobile $5 Cash Back
          • Tracfone $10 Cash Back
          • See All Phones & Accessories Stores
          • AT&T Wireless

            up to $100

          • Samsung

            7% Cash Back

      • Software  
        • Back
          • Featured Stores
          • McAfee up to 50%
          • E-File.com 7% Cash Back
          • Norton up to 40%
          • See All Software Stores
          • Autodesk

            12% Cash Back

          • TaxAct

            15% Cash Back

      • See All Categories...
  • Coupons
    • Back
    • Online Coupons
    • Restaurant Coupons
    • Printable Coupons
    • Grocery Coupons
    • Weekly Ad Circulars
  • Deals
  • Bonus Cash Back
  • Highest Cash Back Guarantee
  • Get the App
  • Help  
    0
     
    • Back
    • FAQs
    • How Does Cash Back Work?
    • Missing Cash Back?
    • Travel Cash Back
    • BeFrugal Rewards
    • BeFrugal Extension
    • Live Chat
    • Customer Care
    • Support Tickets (0)
  • Live Chat
  • Account Summary
  • Cash Back & Bonuses
    • Cash Back & Bonuses Overview
    • Shopping Trips
    • Cash Back
    • Bonuses & Referrals
  • Profile
  • Payouts
    • Payouts Overview
    • Request a Payout
    • Payout Method
    • Payout History
    • My eCards
  • Favorites
    • All Favorites
    • Favorite Stores
    • Favorite Deals
    • Favorite Coupons
  • Email Preferences
  • Support Tickets
Attention! We noticed you have an advertisement blocker installed such as Adblock, Ghostery, uBlock, etc.
To ensure you earn Cash Back, please temporarily disable this add-on while shopping through BeFrugal. Learn more
×
Already a Member? Log in here

Join BeFrugal & Get $10!

Earn up to 40% Cash Back at 5000+ top stores

 
or
or join with
By joining, you agree to the BeFrugal Terms & Privacy Policy
$10 Bonus Terms

Bonus Terms

To qualify for the $10 Sign-Up Bonus, you must be a new member and earn $20 in Cash Back within one year of becoming a BeFrugal member. The Bonus will become Payable when you have $20 in Payable Cash Back in your BeFrugal account.

Welcome BeFrugal Members

Welcome back! This email address already exists. Please log in below.
Forgot Password?
or

Not a member? Join Now

Using Credit Cards Properly
BeFrugal Blog

Using Credit Cards Properly

March 22, 2013 by jen

These days, credit cards are a very well known financial product. As a matter of fact, the average American household has more than 1 of these small pieces of plastic floating around somewhere! With so much use of credit cards, we are bound to eventually see some consumers paying high interest rates and fees simply because they didn't understand how to properly use the card they had. The reality is, credit cards are an awesome financial tool! They are the Jaguar of lending products but, if you don't drive a Jag like you should, you are going to crash! This is the same when it comes to credit cards and any other lending products. Here are a few important factors to remember that will help you to use your credit cards properly:

Factor #1: Compare Offers To Start On The Best Foot

Before you can use credit cards properly, you need to make sure that the card you use is the best fit for you. There are several different types of offers out there and each one is designed to appeal to a specific audience. Therefore, finding the best card for you may take a bit of searching. But, it's well worth the effort. Here are the steps to comparing offers and finding the best credit card for you:

Step #1: Figure Out What Kind Of Card You Are Looking For: There are few people that apply for a credit card just to have one. Depending on the reason you are applying for your card, there will be different offers that are best suited for you. For instance, if you would like to build your credit scores, you may want to look into secured credit cards. If you want cash back with every purchase you make, you are going to want to compare cash back credit cards. If you want to transfer a balance, you are going to need to compare balance transfer credit cards. The first thing you should do is figure out what type of credit card provides the benefits you are looking for.

Step #2: Make A List Of 3 To 5 Offers: Now, make a list of 3 to 5 different offers that provide what you are looking for in a credit card. There may be hundreds of offers that meet your needs so make sure to only add offers that jump out at you to your list.

Step #3: Compare Interest Rates: Chances are, you are going to carry a balance from month to month, that's what credit cards were made for. If you do however, you will find that the interest rates you pay will be the highest fees you are charged. With that said, it's incredibly important that you compare these interest rates. Remember there are four different types, promotional, standard, cash advance and default interest rates. Compare them all before moving on to the next step.

Step #4: Compare Fees: The truth is, the interest rates you pay will not be the only fees that you are charged. When it comes down to it, each unique credit card offer will come with it's own unique set of fees that will be charged to consumers. Before choosing the card that is a best fit for you, make sure to compare the rates and fees sections of the terms and conditions for each of your credit card candidates!

Step #5: Compare Promotions And Rewards: Now, it's time to get into the fun parts of having a credit card, the promotions and rewards. Although they should not be the overwhelming basis for your choosing one credit card over another, they are fun and should be factored into your decision. Check out the different rewards programs. See how you can accumulate points and what they can be redeemed for. Look to see if the card comes with a promotional interest rate. Now is the time to get caught up into the promotions and rewards. They make a great tie-breaker!

Factor #2: Keep Your Payments In Order

Your credit card payments are some of the most important payments that you will make. As a matter of fact, credit card payments can have an incredible impact on your credit score, positive or negative is really up to you! There are 2 things to keep in mind when it comes to credit card payments...

  1. Never Make Minimum Payments – Making minimum payments on your credit cards will not do much for you. Your credit card payments are calculated based on your balance so, if you make minimum payments, it will take forever to pay your debts off. Also, consumers who make minimum payments only are generally facing a financial hardship. Therefore, by making only minimum payments, you become more of a risk to your lenders!
  2. Always Make Your Payments Early – No one should ever wait until the due date to make a payment. Doing so simply opens you up to an emergency that may cause you to make your payments late! Not to mention, paying early always looks great on your credit report.

Factor #3: Don't Let Your Balance Get Out Of Hand

Overspending on credit cards is one of the leading causes of financial hardships! Don't let this happen to you. Below are 2 ways that you can tell your spending is under control:

  1. Your Balance Is Below 50% Of Your Credit Limit – Keeping your balance below 50% of your credit limit is a must. This will allow for a cushion to fall on in the case of an emergency. However, consistently spending more than 50% of your credit limit is a sign of financial struggle. This may cause you to be more of a risk to your lender. If your balance is below 50% of your credit limit, you're probably fine. If not, it's time to get your spending under control.
  2. Your Balance Is Less Than 10% Of Your Annual Income – Revolving debt to income ratios are also a great way to go when figuring out if you have your spending under control. If your total credit card debts amount to more than 10% of your annual income, you may want to buckle down and start paying your balances down a bit!

This article was written by Joshua Rodriguez, proud owner and found of CNA Finance and avid personal finance writer. Join the conversation with Josh about this article or any personal finance topic of your choice on Google+!

Image thanks to American Express.

Categories Frugal ArticlesTags credit cards
Post navigation
9 Ways to Save More at Macy's

2 thoughts on “Using Credit Cards Properly”

  1. Vivian Howe
    March 28, 2013 at 8:04 AM

    Josh, this is a great article. In these economic times we all need to be reminded of the best way to keep our finances in order...especially credit cards. Thanks for the great info.

  2. Joshua Rodriguez
    April 4, 2013 at 6:36 PM

    Vivian, thank you so much for your kind words! I'm glad my article proved to be a worthy reminder for you and truly appreciate your kind words!

Comments are closed.

Popular Articles

14 Money-Saving Hacks for Kohl's Shoppers

How do you want to get paid your BeFrugal Cash Back?

15 Easy Tips to Save Money at Walgreens

Browse by Topic

  • BeFrugal Community
  • BeFrugal News
  • Bonus Cash Back
  • Frugal Articles
  • Holiday Shopping
  • Sweepstakes & Giveaways

As Seen On:
  • cbs-news logo
  • NBC News logo
  • Mashable logo
  • CNET logo
  • PC World logo
  • Company
  • About Us
  • BeFrugal Blog
  • Press Room
  • BeFrugal History
  • In the News
  • Terms & Conditions
  • Privacy Policy
  • Resources & Tools
  • Weekly Ads
  • BeFrugal Mobile Apps
  • BeFrugal Extension
  • Refer-a-Friend
  • Fly or Drive Calculator
  • How Much to Spend on a Car
  • Electric Car Calculator
  • Support
  • How Does Cash Back Work
  • Email Preferences
  • BeFrugal Coupon Guarantee
  • Highest Cash Back Guarantee
  • FAQs
  • Live Chat
  • Customer Care
  • BeFrugal+ Retailer Support
Download Free on iPhone
Download Free on Android
  • Facebook
  • X
  • Instagram
  • pinterest

Get The BeFrugal App

© 2009-2025 Capital Intellect Inc.
Customer Reviews
Advertiser Disclosure
How to Get Cash Back