This year, I’m swapping my debit card for a credit card. It’s not because I’m starting 2017 in the red. It’s to make sure I stay comfortably in the black. My New Year’s resolution is to make my money go further – and this is where my credit card comes in.
I’ve taken inspiration from friends and family who’ve long been rewarded for paying for virtually everything other than their mortgage and bills on credit. I’ve watched as their spending has earned them perks including concert tickets, meals out, hotel stays and even free flights. So my plan is to do what they do – pay for everything that doesn’t incur an additional charge with my credit card and clear the balance in full every month.
If my expected spending pattern is correct, not only will my current account be healthier because more of my earnings will stay in it longer each month but I could also fly business class for the first time without paying for the privilege.
This particular aspiration of mine could come courtesy of one of the credit cards I’m considering: the Lloyds Bank Avios Rewards credit card that costs £24 a year.
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