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re: How to make $300k arbitraging credit card points and then pay zero taxes on it
Posted on 4/28/24 at 11:45 am to Odinson
Posted on 4/28/24 at 11:45 am to Odinson
I've never been a credit card for everything type of guy. I don't even pay most bills with them other than a couple of streaming services. A lot of places charge fees now which makes it not worth it.
I have an AMEX cash back preferred card that I use for things that they have decent bonuses on (streaming, groceries, and gas mostly). It's free money I guess, but not really enough to move the needle for me.
I have an AMEX cash back preferred card that I use for things that they have decent bonuses on (streaming, groceries, and gas mostly). It's free money I guess, but not really enough to move the needle for me.
2
Posted on 4/28/24 at 1:32 pm to fallguy_1978
It’s all about the sign up bonuses. I don’t give much thought into their category spend unless I can scale it.
I mostly redeem for biz/first international travels
quote:
As someone that doesn't know much about cc rewards, what do you do with the points? Travel rewards?
I mostly redeem for biz/first international travels
This post was edited on 4/28/24 at 1:37 pm
Posted on 4/28/24 at 3:57 pm to fallguy_1978
Yeah we have the Fidelity credit card which isn't advertised much, but it's 2% cash back on all purchases, no limit, and no annual fee. Just put everything on there except when there's an extra cc fee and then I pay cash.
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