 TITLE: The Worst Ways to Redeem Credit Card Rewards CONTENT: How to Maximize Credit Card Rewards\n-----------------------------------\nChoosing the wrong redemption option can waste your points, but there are plenty of ways to maximize your credit card rewards program:\n*   **Discover your card's most valuable redemption option.** For example, with cash back cards, a statement credit typically offers the best value, while travel accommodations may give you the best bang for your buck with a travel card.\n*   **Consider introductory bonuses.** Some rewards cards offer a large chunk of points, miles or cash back if you spend a certain amount within a set time frame after opening the account. It's crucial you don't spend unnecessarily just to meet the threshold, but if you already have big purchases to make, scoring one of these bonus offers can boost the value you get from the card.\n*   **Pay attention to bonus categories.** Many rewards programs offer a higher percentage of points or cash back on certain types of spending, such as travel, dining or gas. Think about how you're most likely to use a credit card, and consider finding one with greater rewards for those spending categories to increase the value of your rewards.\n*   **Look for other means of value.** Some cards offer perks like free checked baggage or airport lounge access, discounts on rideshares and other benefits that help further improve the value you get from the account. END