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re: Bat Signal for the credit card point gurus

Posted on 12/21/14 at 9:51 pm to
Posted by Powerman
Member since Jan 2004
162295 posts
Posted on 12/21/14 at 9:51 pm to
quote:

The money was going to get spent whether I earned rewards or not so I chose to earn rewards. Not sure you get how this thing works.

I get it. I just don't try to chase rewards I guess. I use my amazon card as my main spending card so it's not like I don't use the rewards points ever.

I just can't imagine what type of spending you'd have to do to get anything substantial out of it. At that point it seems like you've proven you spend enough to where you could probably afford whatever the hell it is anyway.
Posted by Jwodie
New Orleans
Member since Sep 2009
7223 posts
Posted on 12/21/14 at 10:04 pm to
My question in the OP is the very reason the points are relevant. If I'm spending $40,000 to pay off a loan, why not figure out how I can get 40,000 cc points at the same time?
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35720 posts
Posted on 12/22/14 at 2:13 pm to
I own a business. I spend a minimum of 20-30k a month for business. I might as well get free flights, rooms, etc. out of it. I understand that my spending is not normal and others can't benefit as much as I can without manufacturing their spending.
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 12/22/14 at 2:25 pm to
quote:

I just can't imagine what type of spending you'd have to do to get anything substantial out of it. At that point it seems like you've proven you spend enough to where you could probably afford whatever the hell it is anyway.


Last summer, when staples portal bonus was open, I accrued through simple gift card process about 300,000 points for a cost of a touch over $1100 net. For those points I got 2 Biz class tickets to Dublin and stayed at the Shelbourne for several days.

If I had booked that trip retail it would have been way over $10K

Yeah it can be worth it if you do it right.
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