— Step 4: Use Methods to Maximize Benefits —
Use a credit card to pay all living expenses

To receive the maximum benefits of your BLOC, use a credit card to pay for all living expenses:

    benefits:
  • get a 25-day grace period of no interest
  • enjoy ease of use
  • earn benefits and rebate awards
  • insure protection against lost and stolen cards

  • use your card to:
  • buy groceries,
  • gas and other transportation services
  • utility services
  • insurance
  • supplies
  • entertainment
  • all other living and needed expenses
When your credit card payment comes due, use your BLOC to payoff your credit card.

That gives you 25 days of FREE money — which means the average daily balance on your BLOC account will remain low for minimum interest charged — this allows you to use the bank's money.

Finding Your Card

1: If you can budget and control your spending, use a reward credit card to build award points:

download our article on maximizing credit card use for reward gain

2: if you are unable to control spending because of the ease of credit cards, consider using pre-paid cards to manage spending:

view our information on how pre-paid credit cards can control spending
Card Category:
Intro APR:
Time Period:
APR (Purch.)
Annual Fee:

 

go to Success Plan: Step 5

 

Home Equity Application

BANK EQUITY for College

  • [view]Introduction
  • [view]Slide Demo
  • [view]BLOC for College
  • [view] 10-Step Success Plan
  • [view]SP1: Apply BLOC
  • [view]SP2: Payoff Debts
  • [view]SP3: Start Using
  • [view]SP4: Max Benefits
  • [view]SP5: Budget
  • [view]SP6: Lower Bills
  • [view]SP7: Increase $$$
  • [view]SP8: Plan Smart
  • [view]SP9: Better You
  • [view]SP10: Final Note
  • [view] Home Market Valuations
  • [view] LTV Calculation
  • [view] Home Page
  • [view] Return to SayStudent