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re: Lawmakers trying to take away credit card rewards

Posted on 7/20/23 at 10:27 pm to
Posted by LSUsaintsfanla
NOLA
Member since Dec 2006
10946 posts
Posted on 7/20/23 at 10:27 pm to
Do you even have a credit card? My wife and I have a chase sapphire and we use it for everything and pay it off every month. Whether we pay it off every month or not, we still get points. There’s no kickbacks for payment.
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7560 posts
Posted on 7/20/23 at 11:01 pm to
quote:

Do you even have a credit card? My wife and I have a chase sapphire and we use it for everything and pay it off every month. Whether we pay it off every month or not, we still get points. There’s no kickbacks for payment.




You get penalized with interest if you don't pay the statement balance off. That offsets any points you get from the spending.

FFS some of you people are dense.

Posted by lsufan1971
Zachary
Member since Nov 2003
18369 posts
Posted on 7/21/23 at 4:44 am to
quote:

There’s no kickbacks for payment.


If your payment is late you will forfeit the points for that month with most companies.
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