Using a credit card for purchases can come with many advantages, like the convenience of not having to carry cash or being able to pay quickly using a card linked to your phone or smart watch.
One major perk of many credit cards is the rewards they offer, such as those you can receive using our Alumni Rewards Card. With this card, you can earn 2%* or 1.5% cash rewards on every purchase, every time, without your cash rewards ever expiring.
While we make earning rewards simple, you can benefit even more if you put a plan in place to maximize how much you earn and how you spend it.
The more you use our Alumni Rewards Card for purchases, the more you’ll earn in cash rewards and be able to put the money to work for you. Unlike many other cards, we don’t cap your earnings or limit what purchases you can earn rewards on when you pay with your Alumni Rewards Card – you have access to unlimited cash rewards potential. That means you can earn rewards for all of your everyday expenses, like takeout and groceries, and for bigger purchases, too, like a new piece of furniture or daycare tuition.
To truly maximize your earnings, make sure you’re practicing responsible credit card usage. In addition to making the Alumni Rewards Card your primary credit card for purchases, you’ll also need to make sure you can pay off your card each month. If you carry a balance, your earnings could be canceled out by the interest you accrue.
Making a plan for how to use your cash rewards is important, too. If you simply transfer the funds to your checking account, you may find yourself spending them mindlessly and wondering where they went.
Once you sign up for a cash rewards credit card like our Alumni Rewards Card, set aside some time to review your finances and determine what needs or wants you can put your earnings toward. Some popular options are below: