Maximize Credit Card Reward Points With This Simple Hack

If you're like me, you have a dozen different credit cards offering various rewards. You have a vague idea about which card gives you the most points at each location - restaurants, office supply stores, gas stations, etc. However, it's difficult to keep them straight.

• One card gives you 5 points/$ at office supply stores and 1 point on everything else.
• Another gives you 3 points/$ at restaurants.
• This other card gives you 5 points/$ on select categories, but they change every quarter.

I had trouble remembering which cards gave me the most points until I downloaded this amazing app called Wallaby.

What will Wallaby do for me?

• Tells you which cards give you the most points at each location.
• Sends you notifications when at a store "At Starbucks? Use your eBay Mastercard."

If you connect your accounts, it also:

• Takes into account interest charged along with points earned to maximize cash in your pocket.
• Lets you know when you've used the wrong card and how many points you left on the table.
  Note: I don't have my accounts connected because I don't feel it's necessary for me

You can easily see the best card for the store category you're shopping at:

Look at stores near you:

Shopping online? There's an option for that as well. Just search for your store and it will tell you what card to use.

*When I click on particular store or category, it shows me which card I should use:

App limitations

• Unless you connect your cards, it doesn't know when you've reached the maximum amount of points in a year. For example, right now it's telling me to use my eBay Mastercard at Starbucks. However, I've already reach the 50,000 point maximum for the calendar year. It also tells me which card is 2nd best, so I just use that one instead.
• Wallaby doesn't differentiate between point values. For instance, a point on my Priceline Visa is worth about 1.1 cents, a point on my Bank of America card is worth about .8 cents, and a point from one of my Chase credit cards is worth about 2 cents (when I transfer my points to my Southwest Airlines account).

Wallaby is extremely helpful when it comes to maximizing my credit card points; I hope you find it useful as well.

This post is being paid in 100% Steem Power.