Pitlab77

iTrader: (3)

Reading the other thread got me thinking. What do you guys use and what rewards do you get? I have a CC with a really dirt low fixed rate but it offers no rewards.

I have been looking at a CC with airlines miles especially since I am getting married in a year and would love to put the wedding expenses on a card to get some rewards back. (cash/miles) My credit is spotless and my asset to debt ratio is a joke (in my favor). All I owe anyone is about 5k for grad school which I can more than pay but choose not to so that I can make money off interest with the money in other accounts, as well as try to get the government to pay at least part of since it is in education. I do not care to much about APR since I pay it off monthly and never carry a balance. Annual fee does bother me some, but not if it really pays off. My fiance can get USAA stuff but I can not get those benefits or CC till we are married.

SO.

1) What CC reward program do you have/use
2) interest, % and rate fixed or variable
3) what rewards do you get cash/miles
4) limit on what you can get? Miles do or do not expire etc.

thanks

y8s

iTrader: (8)

I think nerdwallet does some airline miles evaluations. check those out before you pick an airline card.

remember that it is INCONVENIENT to use miles if you're not a frequent flier. You might have to pick a 3 month window and several destinations and start your search for flights a year out to get something close to what you want in some cases. but you'll save thousands if you're lucky.

Pitlab77

iTrader: (3)

side note.

Picked up a new CC from my bank. Been using it just like i normally do (a glorified ATM card) and I pay it off every week.

Between down payment on wedding reception hotel, grad school tuition, gas, etc already managed to take off $100+ dollars on a trip with my fiance to lake Tahoe this Christmas.

rmcelwee

iTrader: (1)

I have three cards now. First pays 1% back on everything (State Farm Visa). I use it to pay my truck insurance but you can keep the cash if you want. Second pays 2% on food/medical and 1% on everything else (I don't hardly ever use it). I just picked up the third (Chase Freedom Visa). Pays 5% on some things (the things change every 3 months) and 1% on everything else. Right now the 5% is fuel, hotel, and airline. In the 4th quarter it will be dinning, department store, movies, charity. I got $100 back when I spent my first $300 (or was it $500?) on it as a little bonus. Right now it is the only card I carry.

Screw airline miles. You want CASH!

Pitlab77

iTrader: (3)

Yup I got a Freedom card. I'm hoping that I can combine the double points for booking through the chase site to get some more cash back + 5% for air this month, plus the extra 10% points for being a chase customer + the 10 points on any purchase for being a chase customer.

I'll know if it worked next month.
Plus i'm going to give to my church via my CC for the 4th quarter hehe.Then go back to checks in Jan.

I love buying things under $10. I end up making points after the automatic 10 points and 10% for having a chase bank account

Scrappy Jack

iTrader: (2)

We used to primarily use Discover. They have a great website and super easy to use cash back system, plus their 5% cash back quarterly offers. However, not every merchant accepts Discover, so we had a Chase Rewards Visa as a backup.

Now, my brokerage account has a 1.5% cash back Visa. We run as much of our monthly expense as we can through that and pay it off each month. I could not even tell you the exact APR, and I'm a "money guy."