Credit Card Rewards

[WoundUpMarine]

So this past year I starting putting everything through my credit card, as opposed to using my debit card, and just paying the card off every month. Turns out I spend a pretty penny on the card over the course of a year. I have a US Airways card at the moment and collect the miles but am looking for a different card for rewards, seeing as I really dont like to travel since I'm gone so much for work. What are you guys using out there for cards to collect rewards. Just trying to get the most bang for my buck.

John

 

[twister]

Cabelas card could be good

 

[WoundUpMarine]

Thought about that, my buddy has one, i dont really go to cabelas that often though.

 

[blackdiamond296]

I do the same thing with the capital one venture card. Two points for every dollar spent, $60/year fee.

You get the best bang for your buck when redeeming the points for travel- 10,000 points = $100 travel rewards. For a straight up statement credit it's 10,000 points = $50.

The $60/year fee is more than you'll pay on a lot of other cards, but they let you apply the points to anything travel related that you put on the card regardless of what or where you purchased it, making it really easy to redeem the point.

 

[hntrss]

You don't have to go to Cabelas to spend money there- I use the interenet. I am getting 1% on all purchases and 5% on anything purchased from Cabelas. It works out great-best thing? They don't sell anything my old lady wants!

 

[MouseTrap]

Two cards. A Fidelity Rewards American Express Card, and Fidelity Rewards Visa Card. Both cards put up to 2% into a Fidelity Investment Account, which happens to be a tax free 529 College Savings Plan for my kids. Fidelity has literally deposited thousands of dollars into the investment accounts. Both cards have no annual fee, and we carry no balance. I am thrilled with them!!!

 

[steveinak]

I have a Alaska Airlines visa card for the business use it to get air miles, 1 mile per dollar charged, to get miles for free tickets out of here :smile: haven't paid for a ticket in years. Also have a Costco American Express, 3% off on gas & dollars back at the end of the year.

 

[CEShawn]

Mouse trap, that might be a great idea... Damn better than using the Marriott Card I am using now... always have a nice place to stay... damn have to look into that Fidelity Card... why I love this site!!!

 

[MouseTrap]

The FIA Amex card and link above is a better deal than the FIA Visa Card. With the Amex card, 2% of your purchases get automatically deposited into the Investment Account. With the Visa card, it's 1.5% until you hit a certain amount of money annually ($15,000). After that threshold, it is 2% for the rest of the year. So, my wife and I whip out the Amex card first, if the store doesn't take it, we then use the Visa.

Also, the Amex card is automatic. For every $2,500 spent (and after the bill paid by the consumer), $50 is transferred into the Investment Account.

With the Visa, at every $5,000 threshold, the consumer has to click some links to manually transfer $75 reward into the account.

Of course, the first step in all of this is to have a Fidelity Investment account setup. Most require a $2,500 deposit up front.

I have no other relationship with Fidelity, other than being a happy customer :geek:.

 

[WoundUpMarine]

Fidelity does all of my 401k stuff, ill have to give them a call and find out about this! i really like the idea of the money being put away.

 

[Keelboater]

Two cards. A Fidelity Rewards American Express Card, and Fidelity Rewards Visa Card. Both cards put up to 2% into a Fidelity Investment Account, which happens to be a tax free 529 College Savings Plan for my kids. Fidelity has literally deposited thousands of dollars into the investment accounts. Both cards have no annual fee, and we carry no balance. I am thrilled with them!!!

I love it when a plan comes together for the little guy. They make the rules, but if you play by them you can be the winner every time. I have received quite a bit over the years from a few cards. Recently used my GM card points for $2000 off the new truck. That was not cash back, but I actually needed a new truck, so there ya go. Free money. Rule #1 for any game is to never carry a balance. They hate it when you do that............and that's all the more reason to do it in the first place!

 

[greg]

the industry has a term for people who pay their bills every month on time. they call us DEADBEATS.

really, thats not a joke.

 

[MouseTrap]

the industry has a term for people who pay their bills every month on time. they call us DEADBEATS.

really, thats not a joke.

Very proud to have been a deadbeat for so long!

 

[BOSBoatMan]

I use the BAC Royal Caribbean card myself. I actually HATE the Bank of America and all it stands for but the rewards are pretty good. Every 10k (dollars which equals a point) they give you $100 onboard credit on a cruise...No fee card as well.

 

[CaptDave]

I use my Hamilton Marine Rewards Card earning points towards my purchases.

Dave

 

[finaddict]

Two cards. A Fidelity Rewards American Express Card, and Fidelity Rewards Visa Card. Both cards put up to 2% into a Fidelity Investment Account, which happens to be a tax free 529 College Savings Plan for my kids. Fidelity has literally deposited thousands of dollars into the investment accounts. Both cards have no annual fee, and we carry no balance. I am thrilled with them!!!

I use the same, My son will be happy with all the free college money he will have. No problems with the card.

I also use a American express business card for the business. 1% cash back for everything. few spots have better, 3% on gas, 5% office supplies and a few other special percent differences. No annual fees!

 

[Keelboater]

Jeez, what a bunch of deadbeats on this thread!