If you’re like most people, you’re probably used to paying your car bill with a check or cash. But did you know that you can actually get rewards for paying your car bill with a credit card?
Sure, you may have to pay a little bit of interest on the balance, but the rewards you can earn will more than make up for it. Here are just a few of the rewards you can get for paying your car bill with a credit card:
1. Cash back
One of the most popular rewards credit cards offer is cash back. This means that for every purchase you make, you’ll earn a certain percentage back in the form of a statement credit or a direct deposit into your bank account.
If you charge your car bill to a cash back credit card, you can earn anywhere from 1% to 5% back on your purchase. That may not sound like much, but it can add up quickly, especially if you’re paying a large car bill each month.
2. Points
Another popular rewards program is points. With this type of program, you’ll earn points for every purchase you make. You can then redeem those points for cash back, merchandise, travel, or even gift cards.
Some points programs are better than others, so be sure to do your research before you sign up for a credit card. But if you find a good one, you can earn a lot of points by paying your car bill with your credit card.
3. Airline miles
If you travel often, you may want to consider a credit card that offers airline miles as a rewards program. With this type of card, you’ll earn miles for every purchase you make, which you can then redeem for free or discounted air travel.
Paying your car bill with a credit card that offers airline miles is a great way to earn rewards that you can use to save money on your next vacation.
4. Hotel points
Like airline miles, hotel points can be earned with certain credit cards. These points can be redeemed for free or discounted hotel stays.
If you travel frequently for work or pleasure, paying your car bill with a credit card that offers hotel points is a great way to earn rewards that you can use to save money on your next trip.
5. Cash back on gas
Some credit cards offer special cash back rewards on gas purchases. If you have a long commute or you drive a lot for work, this can be a great way to save money at the pump.
Paying your car bill with a credit card that offers cash back on gas is a great way to earn rewards and save money at the same time.
As you can see, there are many rewards you can get for paying your car bill with a credit card. So if you’re not using a credit card to pay your car bill, you’re missing out on a great opportunity to earn rewards.
