Episode 1: How to Maximize Credit Card Rewards - The Ultimate Guide

Episode 1: How to Maximize Credit Card Rewards

Featured Guest

Kris Carrera

Kris Carrera is the Senior Vice President of Payments with over 35 years of experience in the fields of banking, technology and management. With a strong background in both international and USA payments, Kris brings a wealth of knowledge and expertise to the table. Throughout her career, Kris has been an integral part of numerous banking and payment counsels and advisory boards, contributing to industry advancements and strategic decision-making. Her extensive experience and leadership skills have played a pivotal role in driving innovation, optimizing operations and achieving success in the dynamic landscape of payments. Her contributions to the field have made a significant impact, and her dedication to excellence continues to shape the industry's future. 

Guest

Joe Daraskevich

Joe Daraskevich is a Writer & Content Creator at VyStar. He previously worked at the Florida Times-Union as a reporter from 2010-2018 before joining WOKV 104.5 FM as the afternoon news anchor and assistant news director from 2018-2022. He graduated from the University of North Florida and lives in Jacksonville.

Highlights

  • Finding the right credit card depends on your needs and preferences, such as building credit, carrying a balance or earning rewards.

  • Consider the cost of the card, including fees and finance charges, when selecting a card.

  • Rewards can come in the form of cash back, trips, charity donations and more.

  • Use cards that align with your spending habits, such as a 321 card for everyday expenses or a travel card for frequent flyers.

  • Some issuers offer rewards based on good payment behavior, such as lower APR or higher credit limits.

  • Personalized rewards, like donating to a school, can provide a feel-good factor.

  • Teach financial wellness to kids early on, emphasizing budgeting and spending within one's means.

  • If you find yourself overspending or in financial trouble, consider paying a portion of your balance each month and communicate with your credit card company to avoid damaging your credit.

Download the audio version of this episode on Buzzsprout.

The content provided in this podcast consists of the opinions and ideas of the creators alone and should be used for informational purposes only. The opinions expressed should not be considered legal, financial, or tax advice, and are not meant to replace such advice. VyStar Credit Union is not responsible for any losses, damages, or liabilities that may arise from decisions you make based on the information provided. The opinions expressed in this podcast are those of the guest and not VyStar Credit Union or its management.