4 Ways To Use Credit Card Rewards To Pay For A Wedding


    Your wedding can be one of your largest cost of living, depending on what you include in your ceremony and reception. The average cost of a wedding has grown steadily over time, to the point where the average wedding cost is now in the range of $ 30,000. If you’re looking to get married soon, Mint can actually help you Create a separate wedding budget to help you manage these costs.

    In this article, we’re going to talk about how you can use credit card rewards to pay for a wedding. And while credit card rewards are unlikely to pay for your entire wedding, every bit of savings helps.

    Are you planning a wedding

    When you have a wedding, the first thing you want to do is draw up a budget. Just like with your regular expenses, having a budget is an important step in keeping your expenses down. Without a written budget, your costs tend to go up forever.

    One important thing to keep in mind is that a budget can be as strict or as loose as you want it to be. Some people prefer to deal with cost overruns by reducing the budget in other categories to compensate for it. Others choose to only increase the budget when the cost is higher than expected. Regardless of how you choose to do it, a written budget means you are making a conscious decision rather than just increasing costs without you realizing.

    Pay for your wedding with credit cards

    One way to offset some of the cost of a wedding is through credit cards and credit card rewards. If you get an average return of 2% on credit card rewards on a $ 30,000 wedding, that’s $ 600 back. Of course, the easiest way to save money on your wedding is to have it a smaller wedding, but this may not be an option for you depending on your specific situation.

    There are a few things to consider when talking about credit card payments for your wedding. The first is that paying for anything with credit cards makes it a lot easier to lose control of your spending. As with anything else, only spend money on credit cards that you have in the bank. This way, you can complete your credit card payment in full each month.

    The other thing to consider when paying for a wedding with credit cards is that not all providers may accept credit cards as a form of payment. This is especially true for individuals or smaller businesses. And those who accept credit cards may charge a processing fee. Of course, it doesn’t make sense to pay a 2.9% credit card processing fee to get 2% back in rewards. In these cases, it is better to pay with cash, a check, or a check Payment service. You could also ask if there is a cash discount – again, this could be more lucrative than any of the rewards you get from paying by credit card.

    Receive sign-up bonuses with all of these expenses

    An option for Make the most of your credit card rewards You may want to take advantage of new credit cards that offer attractive welcome offers. Many credit cards offer sign-up bonuses for new applicants valued in the hundreds of dollars or more. There is usually an expense requirement associated with these offers, which is not a problem when you have all of those wedding expenses. Remember to pay attention to those lots of overpriced wedding items that you want to avoid.

    Use credit card rewards to pay for your honeymoon

    Another way to use credit card rewards is to pay for your honeymoon. Many credit cards offer rewards such as airline miles, hotel points, or other types of travel rewards and benefits. By signing up for a few major credit cards, you can have your honeymoon remembered for a fraction of the cost. Flying in first class or staying at luxury resorts is something much better accomplished with miles and points than trying to pay for it with cash.

    The bottom line

    Using credit card rewards smartly can be a great way to pay for a wedding, or at least get a discount on whatever expenses you make. Make sure you set a budget so you don’t stick out Wedding debts and use credit cards as part of your spending strategy. Following these simple steps can help you Maximize your credit card rewards without compromising your credit score. Watch out for credit card processing providers and don’t use your credit card as an excuse to spend money you don’t have.

    Author photo

    Dan Miller (57 posts)

    Dan Miller is a freelance writer and founder of PointsWithACrew.com, a website that helps families travel for free / cheaply. His home base is Cincinnati, but he tries to travel the world as much as possible with his wife and 6 children.



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