U.S. officials see the deal as a threat to NATO, for which Turkey provides the second-largest military.World Politicsread more
Google's services have been blocked in China for several years, but the company still has a business there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.Technologyread more
United's Optum is launching a new partnership with John Muir Health aimed at helping the small northern California hospital operator become more competitive with its larger...Health and Scienceread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
Aarti Borkar from IBM Security says artificial intelligence bias can exist at three levels: the program, the data and the people who design those AI systems.Cybersecurityread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
Remember that time your friend said he flew across the country for free thanks to his credit card, and you were confused? You should keep reading.
Banks compete for business by offering perks when you sign up for their cards and then swipe them — a dynamic that's been heating up lately. "It's a very, very good time to shop for credit card rewards," said Matt Schulz, chief industry analyst at Comparecards.com.
Navigating the world of points and cash-back deals can seem daunting, but the average American could earn close to $400 a year if they just put their usual expenses on the right credit cards, according to Creditcards.com.
One important note: People who carry a balance on their cards should stay on the sidelines of the rewards game, said Ted Rossman, an industry analyst at Creditcards.com.
"The math just doesn't work: 2 percent cash back on a 17 percent interest rate is a losing proposition," he said.
Here are simple ways to get the most out of your credit cards.
The best advice for picking a card is to "know thyself," Schulz said. "Ask yourself how you plan to use the card and what you want to get from it," he said. "Once you've honestly answered those two questions, you'll be on the right path."
Don't forget to open your mailbox, too, Schulz said. "Credit card issuers are still sending targeted offers to desired customers," he said. "Those offers can sometimes be different from any you might see online."
"The best way to maximize credit card rewards is simply to get a credit card that best fits your lifestyle," Schulz said.
The average American spends $6,477 on groceries each year, according to Creditcards.com. If they used a card such as American Express's Blue Cash Everyday Card, which offers 3 percent cash back at supermarkets, they'd pick up $185. "There are cards that give you bonuses for old standbys like gas and groceries," Schulz added.
Dine out a lot? The Uber Visa Card offers 4 percent cash back at restaurants. Bank of America's Cash Rewards Card will earn you 3 percent cash back on gas, which the average person spends $1,899 a year on, Creditcards.com found.
For frequent travelers, Rossman recommends the Wells Fargo Propel Card from American Express. It gives 3 percent cash back on travel, and there's a $300 sign-up bonus if you spend $3,000 in the first three months.
Avoid redeeming points for items that will leave you with other expenses you can't afford, said Bruce McClary, vice president of communications at the National Foundation for Credit Counseling. For example, a free airline ticket will mean you need to shell out for accommodations and dining. If those purchases will sap your budget, he said, consider using your rewards for more practical items such as gas or food.
Try to rack up rewards for expenses covered by other people.
In their pursuit for rewards, for example, some people will put the entire check on their credit card when they're out with their friends, and then get reimbursed. But if you have to chase down people to pay you back, this strategy could backfire.
You might charge work expenses on a personal card, Rossman said, so long as the move flies with your boss. Before you do, consider how quickly your company pays you back. "If they take a few months and you have to front a large bill in the meantime, it may not be worth tying up your own funds for that long," he said.
"As long as you can pay your bills in full, put everything you can on a credit card to earn the rewards," Rossman said.
An easy way to step up your rewards game is to peruse credit card shopping portals. These websites give you additional perks simply for visiting a particular retailer advertised on the portal, Schulz said. "Oftentimes, you can boost your rewards return two- or three-fold just by using them," he said.
Many major credit card issuers have their own portal. If you have a card with Citi, for example, its "bonus cash center " lists some 400 online stores where you can pick up extra cash-back deals. Chase is currently offering 8 points per dollar at Lululemon, or 6 points per dollar at Macy's.
Look for cards that come with transfer programs, in which you can convert your perks into a variety of uses ranging from cash back to airline miles, Rossman said.
For example, if you have 118,000 points on a Chase credit card, you can flip that into 118,000 Singapore Airline miles. Then you could fly first class from San Francisco to Singapore for free, a more than $8,000 value.