Signing up for a privilege card seems like the smart thing to do. How can you go wrong with all the exclusive perks and services? But when busy schedules get in the way, keeping track of rewards and cashing in coupons may fall by the wayside. After signing up for a card, many will forget about it just as quickly.

To keep it from being just another item adding weight to your wallet, check out the following tips to make the most of your privilege card.


Privilege cards aren't the only cards you need to learn how to use properly. Find out more about credit cards with this article on FN:

• 10 Tips on Using Your Credit Card Wisely

Need more financial advice? Try these:

• Budgeting 101: 15 Tips for Wiping Out Your Debts
• The Couple's Guide to Budgeting: 8 Tips On Managing Your Finances With Your Man
• 10 Secrets to Financial Security
• Tipid-Tipid Muna, Misis: 9 Tips for Saving More and Spending Less

(First published in Good Housekeeping Magazine, Good Money section as "Reap the Rewards" in May 2010; adapted for use in Female Network)