Five ways to get the most from your credit card

Credit card companies are using incentives to keep customers using their plastic. Here are five incentives you can use to get the most out of your credit card:

2. Travel perks

Business Wire/File
Chefs Chris Cosentino and Elizabeth Falkner (2nd and 3rd from left) pose with officials of Meals on Wheels of San Francisco after winning a $20,000 donation to the organization in 2011 from Chase Sapphire. The company's Preferred card is one of the best travel rewards cards, offering a $500 bonus to new customers who charge at least $3,000 on the card in the first three months.

Many credit cards offer free car rental insurance, concierge services, discounts on airline purchases, and reduced rate hotel rooms. If you travel extensively, these rewards can compound with those you ordinarily receive from individual vendors, giving you double savings. Consider the Chase Sapphire Preferred card as one of the best travel rewards credit cards. If you spend $3,000 within three months of opening your card, you can receive a bonus good for $500 worth of travel rewards.

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