Credit Cards Personal

Smart Ways to Make the Most of Your Credit Card

At Prosperity Credit Union, we know a credit card isn’t just a piece of plastic - it’s a tool that can work for you when you know how to use it right. Here are some simple, smart ways to get the most out of your credit card and maybe even have a little fun while you’re at it!
Barista smiling, using a tablet, leaning on a bar.
PE
Prosperity Expert
Prosperity Team

1. Use Rewards for Your Advantage

If your credit card earns rewards, don’t let those points or cash-back perks gather dust. Whether it’s groceries, gas, a weekend getaway, or an island destination during a Saskatchewan winter, your everyday spending can add up to some pretty sweet rewards. Just make sure you’re only buying what you need—earning cash back on a llama you impulse-bought online probably isn’t the best financial move.

2. Pay in Full (or as Close as You Can)

Carrying a balance month-to-month means paying interest, and let’s be honest, nobody wants to give their hard-earned money away for nothing. If you can, pay off your balance each month to avoid interest charges. If that’s a stretch some months, aim to pay as much as you can—your future self will thank you.

3. Know Your Perks

Your credit card may come with perks you didn’t even know about! Think purchase protection, extended warranties, or even travel insurance. Read the fine print (we promise it won’t bite) and take advantage of the extras. You’re already paying for the card—you might as well get all the goodies that come with it.

4. Set Alerts to Stay on Track

Life gets busy. Set up automatic alerts for due dates and spending limits to keep things in check. A little nudge to remind you your payment is due beats the surprise of a late fee any day.

5. Build (or Rebuild) Your Credit

Using your credit card responsibly helps boost your credit score. That means paying on time and keeping your balance well below your credit limit. A better credit score can unlock lower rates on future loans—like when you finally decide to buy that dream acreage.

6. Be Safe, Not Sorry

Keep your card details safe and check your statements regularly. If something looks fishy (and we don’t mean the kind you fry up at the lake), report it right away. Most cards have zero-liability protection, so you’re covered if you catch it early.

At Prosperity Credit Union, we’re here to help you make smart money moves. Got questions about credit cards or want to explore options? Swing by your local branch or give us a call—we’re always happy to chat.