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re: Credit Card Rewards and Points Discussion

Posted on 7/24/14 at 10:46 am to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35563 posts
Posted on 7/24/14 at 10:46 am to
Just got an email from Marriott today. 70k gets you 3 days at a pretty nice resort on Maui with 10k points still in the bank.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35563 posts
Posted on 7/24/14 at 1:33 pm to
FYI, Chicken is putting a sidebar ad for the Marriott 70k points card when I visit the site.

He also seems to think I want to buy another Audi because he's putting that up as well. Damned Chicken seems to know everything about me.
Posted by DukeSilver
Member since Jan 2014
2722 posts
Posted on 7/29/14 at 2:08 am to
I've been switching all of my utilities and monthly bills over to my credit card and I have a question for you credit card wizards.

My mortgage company will not take a credit card payment (or atleast I can not setup auto draft with a credit card) it has to be withdrawn from a banking account. Any way to some how still pay this with a CC? Some sort of account loophole or something?
Posted by cmlsu
Baton Rouge, LA
Member since Aug 2011
659 posts
Posted on 7/29/14 at 8:30 am to
quote:

I've been switching all of my utilities and monthly bills over to my credit card and I have a question for you credit card wizards.

My mortgage company will not take a credit card payment (or atleast I can not setup auto draft with a credit card) it has to be withdrawn from a banking account. Any way to some how still pay this with a CC? Some sort of account loophole or something?


They way people generally pay mortgages is through gift cards. For instance, you use your credit card to buy one vanillas, visa gift cards, etc. at local drug stores, grocery stores, and gas stations. You get credit rewards for the gift card purchase. You then can load some of the gift cards to bluebird/serve or others and directly pay the mortgage. You can also use the gift cards to pay the mortgage through evolve.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35563 posts
Posted on 7/29/14 at 8:52 am to
Do a serious amount of research on the gift card thing. It's not as easy of a process as it was just several months ago.

Teddy can go into detail on the process.
Posted by VetteGuy
Member since Feb 2008
28191 posts
Posted on 7/29/14 at 9:20 am to
VA, what's a good card for someone that charges $3-$4K per month?

I use a Citibank Driver's Edge now, but redeeming the reward is a PITA.



Posted by htownjeep
Republic of Texas
Member since Jun 2005
7612 posts
Posted on 7/29/14 at 9:30 am to
quote:

what's a good card for someone that charges $3-$4K per month?

What is the breakdown on types of charges? Gas, grocery store etc?
Posted by VetteGuy
Member since Feb 2008
28191 posts
Posted on 7/29/14 at 9:36 am to
quote:

Gas, grocery store


Yeah, that's pretty much it.
Posted by htownjeep
Republic of Texas
Member since Jun 2005
7612 posts
Posted on 7/29/14 at 9:42 am to
quote:

Gas, grocery store


Yeah, that's pretty much it.

Are you more interested in cash back, airline rewards, hotel rewards, etc?
Posted by hiltacular
NYC
Member since Jan 2011
19678 posts
Posted on 7/29/14 at 9:45 am to
30+k annually of gas/grocery spend would be a good candidate for AMEX PRG. LINK

If you fly delta you could also hit the annual spend bonuses with the delta amexes.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35563 posts
Posted on 7/29/14 at 9:49 am to
quote:

30+k annually of gas/grocery spend would be a good candidate for AMEX PRG


That is exactly what I was going to suggest.
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 7/29/14 at 9:53 am to
quote:

FYI, Chicken is putting a sidebar ad for the Marriott 70k points card when I visit the site.
He's been hitting me pretty hard with Tripadvisor hotel deals and the Audi. As long as he keeps those damn audio ads out of here, I'm good.
Posted by VetteGuy
Member since Feb 2008
28191 posts
Posted on 7/29/14 at 10:14 am to
Cash, I guess. I usually charge enough on the business card for hotel rewards.
Posted by VetteGuy
Member since Feb 2008
28191 posts
Posted on 7/29/14 at 10:15 am to
will review, thanks.
Posted by VetteGuy
Member since Feb 2008
28191 posts
Posted on 7/29/14 at 10:17 am to
Thanks, Wreck.
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 7/29/14 at 10:22 am to
For cash, you're better off with the Amex blue cash preferred card
Posted by VetteGuy
Member since Feb 2008
28191 posts
Posted on 7/29/14 at 10:28 am to
I have the Citibank Visa Drive's Edge, but it's a PITA to collect the cash.
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 7/29/14 at 10:30 am to
Amex just credits your statement whenever you want

Points are generally worth more than cash if redeemed for the right types of travel, but that's a game that I'm not too versed on

Using points to get cash or merchandise is usually the biggest rip off
Posted by jimithing11
Dillon, Texas
Member since Mar 2011
22473 posts
Posted on 7/29/14 at 10:32 am to
quote:

Do a serious amount of research on the gift card thing. It's not as easy of a process as it was just several months ago.



This. I gave up on it when VRs when down the shitter.

Now with a few clicks of a button I get an easy 2K in MS just via AP and Serve.

Unless you want to make it a hobby I guess, like extreme couponing, but I just can't get into driving around to places, getting denied by a cashier, going to another place, trying to load it at Wal Mart, etc, etc.
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 7/29/14 at 10:36 am to
quote:

For cash, you're better off with the Amex blue cash preferred card

Actually this is what you want if you want cash back. Old Amex Blue
quote:

Up to 5% Cash Back at U.S. supermarkets, U.S. gas stations & select U.S. drugstores (Everyday Purchases). Up to 1% Cash Back on other purchases. For your first $6,500¹ spend in a reward year², you will earn 1% on Everyday Purchases³ (5% after 65004), and 0.5% on other purchases (then 1%).

0% intro APR on purchases and balance transfers for 15 months.

Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers checks, purchases or reloading of prepaid cards, or purchases of other cash equivalents. Additional terms and restrictions apply. (Presume these T&Cs are standard and that all credit cards state this)

The Amex blue preferred caps at $6,500 annual spend. That won't do you any good.
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