this post was submitted on 27 Aug 2023
37 points (91.1% liked)

Personal Finance

3808 readers
1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago
MODERATORS
[email protected]
nieceandtows
[email protected]
37
Which credit cards do you use for maximum rewards? (lemmy.ml)
submitted 1 year ago by [email protected] to c/[email protected]
30 comments fedilink hide all child comments
 

My family uses credit cards for all purchases and we pay them off in full each month. Although sometimes we'll use a 0% APR promotion for bigger purchases.

Which cards do you use for maximizing your rewards?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

They shuffled the rewards around a few years ago due to covid.

  • Free instacart. We used the crap out of it for the first year during covid. Then the terms eroded and it got really expensive.
  • Free Uber priority or Lyft Pink or whatever. That saved us... maybe $10.
  • Free TSA PreCheck. It's worth $75 every 3 years or so. Maybe prices have gone up.
  • Priority Pass - yeah that thing that gives you access to like 0 lounges now. It was great when I got my card nearly 10 years ago.
  • Rewards points. They dropped Travelocity (thank god) as an intermediary. But now their booking costs are about 10-20% higher than booking directly with the airline/hotel/etc. So we try to bank up our points and use them to purchase whole tickets and we never spend cash through their portal anymore.
  • $300 of travel cash. We're careful to not book travel with that reimbursement through their portal. The 10-20% markup translates to $30-60 in rewards which, at a 5% cash back rate costs $1200 in travel to recoup.

Oh and when I signed up they gave me almost $750 in travel credit as a premium. I think I'm going to start churning again because that was the best freakin' reward.