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Started By
Message
Paying Vehicle Note & Rent w/ credit
Posted on 6/27/18 at 6:32 pm
Posted on 6/27/18 at 6:32 pm
Spin off of credit card rewards discussion. Searched but couldn’t find where this was mentioned.
Currently, have a Citi double cash card that I use for everything less rent and truck note. I pay my credit card in full at the end of each month. The card has cash advance fees that out way the 2% cash back.
How do you recommend I take advantage of credit card rewards to pay for rent and my truck note?
Has anyone purchased a money order or prepaid card each month to pay for similar expenses?
Currently, have a Citi double cash card that I use for everything less rent and truck note. I pay my credit card in full at the end of each month. The card has cash advance fees that out way the 2% cash back.
How do you recommend I take advantage of credit card rewards to pay for rent and my truck note?
Has anyone purchased a money order or prepaid card each month to pay for similar expenses?
4
Posted on 6/27/18 at 6:42 pm to good_2_geaux
quote:
How do you recommend I take advantage of credit card rewards to pay for rent and my truck note?
Generally you can't.
Posted on 6/28/18 at 6:42 am to Mingo Was His NameO
quote:
Generally you can't.
This. Even where you can, you will run into 3+% fees that outweigh the cash back/reward gain
Posted on 6/28/18 at 7:09 am to good_2_geaux
I just got into churning last year. What I have learned is their are a lot of people out their that obsess over how to churn. Pretty much any question or idea you have has been answered on reddit churning. I read a lot of the threads over their and I still don’t understand what they are talking about sometimes. I’m a rookie but will be in Kaua‘i in a couple of weeks thanks to churning.
Posted on 6/28/18 at 7:49 am to Hankg
quote:
What I have learned is their are a lot of people out their
quote:
I read a lot of the threads over their
There, they're, their. Learn the difference.
Posted on 6/28/18 at 8:26 am to Hankg
quote:
I just got into churning last year.
quote:
a lot of people out their that obsess over how to churn.
quote:
any question or idea you have has been answered on reddit churning.
quote:
will be in Kaua‘i in a couple of weeks thanks to churning.
so much churning.
Posted on 6/28/18 at 9:36 am to good_2_geaux
quote:
Has anyone purchased a money order or prepaid card each month to pay for similar expenses?
as there is normally a small fee for both in addition to your time I just dont see how you are going to come out ahead enough to justify it.
Posted on 6/28/18 at 8:28 pm to cave canem
I know it costs $1.65 for a $1000 money order at the post office. With 2% cash back, that would be $18.35 cash back each month. I don’t know if you can use credit to purchase a money order though
Posted on 6/28/18 at 9:20 pm to good_2_geaux
You can’t
Posted on 6/28/18 at 9:50 pm to good_2_geaux
It costs more than 2% to pay my rent with a credit card. So I don't.
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