Oh — if you are anti credit cards in the first place, no need to read on. This is for people who see them as tools.
At the beginning of summer, AMEX ceased allowing the option of gift cards (such as to Amazon, Lowe’s, various restaurants, etc.), so I switched from using their credit card in favor of Chase Freedom.
I like gift cards as rewards because I can give them as Christmas and birthday presents.
Credit card rewards programs are about the only way we have of extracting the otherwise non-existent “interest” from banks these days. All you have to do is keep your cards paid off every month w/o fail; and then the bank owes you instead of the other way around.
Credit card rewards programs are about the only way we have of extracting the otherwise non-existent “interest” from banks these days. All you have to do is keep your cards paid off every month w/o fail; and then the bank owes you instead of the other way around.
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So true. CC ‘rewards’ programs pay better ‘interest’ than savings accounts.
We use Discover, cash back for every purchase. We can apply to the bill. we give gift cards to the older Grands, and for the young ones to their parents to shop for, Shopping center is 2 hr round trip, you need a gun to go to. They are scattered across the South. I’ve no idea of taste, size, etc. Shopping is not hubby’s thing unless it’s something he needs. Then it’s Lowes or Tractor Supply.
College age can do their own shopping. Walk into Kroger’s grab the number of Amazon gift cards, 4 times gas points. Mail them off. Saves gas, stress, and having to go into Memphis CRIME capitol of TENNESSEE.
We have had four CCs for years that we pay off each month. The result is ~500k Marriott points, 200k Delta points, 150k Southwest points, and 130k United points. We have used the points over the years to subsidize trips to Europe, Florida, the Caribbean, and most recently, cross-county trips to visit our grandchildren every few weeks.