It can be daunting to dive into the world of credit card rewards. But the right app can help make it easier.
You can earn thousands in credit card rewards points and cash back. It can be difficult to get there. It’s now easier than ever for you to keep track of your credit score, find the best cards that meet your needs and maximize your rewards.
Are you ready to elevate your credit card game? These are the six best apps to help you get started with credit card management.
How to Maximize Your Credit Card Rewards
1. Credit Karma
Credit Karma is an app that tracks your credit score. It has evolved to be a one-stop resource for everything related to credit cards and money.
You’ll receive two credit scores immediately after you launch the Credit Karma App. One from TransUnion, and the other from Equifax. You can easily track changes to your credit by updating both scores daily.
Credit Karma is more than just a score. You can dig deeper to see how your score was calculated and what you can improve it.
Credit Karma will suggest credit cards to you based on your creditworthiness, chances of approval, and other factors. Karma Guarantee is available on some cards. Credit Karma is so certain that you will be approved, they will send $50 to you if you are rejected.
Credit Karma offers a complete feature set that includes options for personal loans, car insurance, home loans, and many other features.
Also read: What Is A Revolving Line of Credit?
NerdWallet is a great way to choose your next credit card. NerdWallet will provide credit card recommendations based on your creditworthiness. However, you can also have NerdWallet create custom card recommendations based on your current needs.
You can search for cards based on a variety of criteria, such as cashback, travel, and your monthly spending habits. NerdWallet will then select a few cards that best suit you. You can even compare up to three cards side-by-side. NerdWallet will give you an easy-to-understand breakdown of your card, including information about annual fees and rewards programs.
While digital payment options are taking over physical credit cards it is important to keep track of your credit score. Experian is a great way to track your credit score right now.
While many apps can calculate credit scores, Experian’s scoring model is the best. Many credit card apps will provide you with a score from TransUnion and Equifax. Both use VantageScore 3.0 for generating your credit score.
Experian, on the other hand, uses FICO Score 8 the same scoring system that many banks and credit card issuers. This means that your Experian score will often be closer to the one lenders use before they approve or deny your credit card application.
Experian offers more than information about your credit score. Experian also provides free credit monitoring to help you stay safe, even if someone tries to use a credit card skimmer on you. The app also allows you to view a complete breakdown of your financial situation, as well as read useful articles on money management and credit card offers.
WalletHub makes managing your credit cards easier and can even help you to get your credit in order.
After launching WalletHub you will be greeted by your credit score, updated credit card offers, and a summary of your credit history. WalletHub is a great tool for recommending cards. It gives you a detailed overview of the card’s current benefits, bonus offers, and annual fees.
WalletHub can also help you improve your credit score more quickly. While many apps recommend that you pay down your debt to improve your credit score, WalletHub has a built-in tool that helps you manage your debt.
The app allows you to track your balances, interest rates, and estimated payoff dates. You can also use the app to create a personalized payment plan that will help you improve your credit score and get out faster of debt.
There are many ways to get credit card rewards. The most popular include sign-up bonuses and points programs. It can be difficult to manage multiple rewards and bonus offers. MaxRewards makes it easy to keep track of all the details.
MaxRewards will provide you with a breakdown of your points balance, bonus categories, and spending goals after you have linked your credit cards to it. MaxRewards will even track your progress and keep you updated as you reach your goals.
MaxRewards makes it easy for you to keep up with bonus offers on your cards. Revolving bonus categories are often available on credit cards that change from month to month. These offers allow you to get extra cashback for purchases such as gas and groceries.
MaxRewards will automatically activate these offers when they become available. This makes it easier to maximize your credit card’s value.
Also read: Top 5 Credit Card Readers for Android
AwardWallet is the next best friend for anyone who wants total control over their credit card rewards.
AwardWallet will provide a breakdown of all credit card transactions after you have set up your account. This will give you an overview of your credit card transactions and also calculate how many reward points you have earned on each purchase.
AwardWallet will even analyze your spending to identify potential rewards that you might have missed. You can also use it to redeem credit card rewards at the highest value. You can keep up to date with AwardWallet’s blog section for tips, tricks, bonus offers, and general advice regarding credit card rewards.
AwardsWallet can also be used to manage multiple reward programs. The app scans your email for the most current information about your reward programs, bonus offers, or flight reservations, by linking your email account to AwardsWallet.
You don’t have to worry about your credit card number being stolen. AwardsWallet employs industry-standard encryption technology to protect your personal information.
Gone are the days of being in the dark about your credit. These days it’s easier than ever to stay on top of your credit score and maximize the rewards you’re earning from your credit cards.
Even if you’re not a credit guru, picking the right app can help boost your credit score, pick out your next credit card, and even get out of debt faster. Being smart with your credit cards could end up paying off big time.