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:

5. Free extended warranty

Paul Sakuma/AP/File
Steve Wheelock holds up his Discover Card in San Francisco. Discover offers excellent extended warranty coverage.

Many credit cards offer to extend the general manufacturer's warranty, in some cases up to one additional year. Manufacturers often guarantee their product for 12 months, but if you buy with the right card, you might be able to extend this to two years or more. Discover and American Express offer excellent extended warranty coverage. Ask which of their cards emphasize this reward and make sure it applies to products you typically purchase.

David Bakke is a financial columnist for the blog, Money Crashers Personal Finance, covering the latest money management tools, banking accounts, credit cards, and more. 

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