I bought a mattress on Saturday. It was the most expensive mattress I have ever purchased in my life. There was another couple buying the exact same one as me. They chose to buy it with ZERO percent financing.
When it was time to close the deal I asked the salesman IF i would get a better price if I paid CASH or credit?
I did not want financing. He said no. He said he actually made more money IF I financed the purchase. Even though the company was willing to give me zero interest financing. So, I put it on my American Express card. He ended up cutting the price another $150 off the sale price and threw in a mattress cover.
Wow, good to know! I knew that auto dealers always pushed you to financing, but not mattresses.
I just got another Visa card, this time from Southwest Airlines. I get 75,000 points after spending $3,000 (good for four, maybe five tickets!). That spending goal is easy to hit these days.
Af first, they gave me 10,000 points and a $200 credit. After my wife said “That’s not right,” I called to complain and they immediately switched me to the 75,000 point deal! They will credit me the extra 65,000 points and take away the $200 credit (which already shows on my statement), BUT I have to call and tell them “I’ve reached $3,000 spending.” How weird that I have to call.
I switched a few auto-pays to the new card, so the spending is on auto-pilot (but we are using the new card in our wallets, too).