Are you looking for ways to maximize your credit card rewards? Well, you’re in luck! Today, I’m sharing the best ways to use your 5/24 slots.
If you’re unfamiliar with the 5/24 rule, it basically means that many credit card issuers won’t approve you for a new credit card if you’ve opened 5 or more personal credit card accounts in the past 24 months. But don’t worry, there are still plenty of opportunities for you to get your hands on some amazing credit card rewards.
One of the best ways to use your 5/24 slots is to prioritize sign-up bonuses. Many credit cards offer big sign-up bonuses that can earn you hundreds of dollars worth of rewards. Just make sure you’re able to meet the minimum spending requirements in order to qualify for the bonus.
Another great way to use your 5/24 slots is by focusing on cards that offer flexible rewards. These types of credit cards allow you to earn rewards on a variety of purchases, and you can redeem them for things like travel, merchandise, or statement credits. This way, you can earn rewards on all your everyday purchases, not just travel-related ones.
You can also consider opening a credit card that offers transferable points. These types of points can be transferred to different hotel and airline partners, giving you more flexibility when it comes to redeeming your rewards.
So there you have it, folks! These are the best ways to use your 5/24 slots. Remember to prioritize sign-up bonuses, focus on flexible rewards, and consider transferable points when choosing a credit card. Happy rewards hunting!
