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re: Credit Card Rewards and Points Discussion

Posted on 8/14/14 at 9:35 am to
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 8/14/14 at 9:35 am to
quote:

I'm running dangerously close to grabbing the credit card tiger by the tail, and that's something that I simply won't allow to happen.
What does this mean? Adding a CC shouldn't be thought of as "more money I can spend". I would carry the same balance on my CC if I had 1 or 10. Zero. If adding a CC tempts you to spend more, then I agree, don't get it.
Posted by yellowfin
Coastal Bar
Member since May 2006
97829 posts
Posted on 8/14/14 at 10:04 am to
So this morning I got the Chase United Explorer and Chase Sapphire Preferred, that's 1k in bonus dollars before lunch right?
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27521 posts
Posted on 8/14/14 at 12:01 pm to
quote:

What does this mean? Adding a CC shouldn't be thought of as "more money I can spend". I would carry the same balance on my CC if I had 1 or 10. Zero. If adding a CC tempts you to spend more, then I agree, don't get it.


I never carry a balance. I mean making decisions based on chasing points. Applying for a card with a $450 fee I won't get much use out of when I will be buying a car this year just to essentially buy points is further down the rabbit hole than I'm comfortable with right now.
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