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May 2, 2008 5:17 pm US/Pacific
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Save With Dave: Credit Card Rewards
SACRAMENTO (CBS13) ―
I took a walk around West Sacramento to find out how you make the most of your credit card rewards.
Believe it or not, hardly anyone we talked to takes advantage of the rewards their credit cards offer. The key is, make the card work for you.
They're all different, but most have benefits, so why not make the most of your money?
I use Costco's American Express card. I get one percent off most purchases, two percent off travel, and I get three percent off dining out and on gas.
With Citi Dividend's Select Mastercard, you'll get five percent cash back at gas stations, supermarkets, and drug stores.
They also offer a two percent back on some utilities, like cable and there's no annual fee.
With some Discover Cards, you can earn five to 20 percent cashback when you shop online.
Bill Rich says his credit card rewards are taking him and his wife on a luxury vacation.
"I've got two round trip tickets to Paris all lined up and ready to go from Delta Skymiles," Bill explains.
I use about 25 gallons of gas a week, and using my Costco American Express card, I save about 12 cents a gallon. That comes to about three dollars a week, and over a year, I've saved $144 and that's just on gas rewards.
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