My family uses credit cards for all purchases and we pay them off in full each month. Although sometimes we’ll use a 0% APR promotion for bigger purchases.
Which cards do you use for maximizing your rewards?
My family uses credit cards for all purchases and we pay them off in full each month. Although sometimes we’ll use a 0% APR promotion for bigger purchases.
Which cards do you use for maximizing your rewards?
If it’s just a card you like anyway and it’s easy then great, but to spend time figuring out 2% vs 1% and meeting all the requirements, that’s a damn small amount compared to increasing your income potential, learning skills, or getting various other life choices right.
I just think overall, personal finance folks spend too much time on these gimmicks vs maximizing their income or avoiding costs. Probably because it seems easy and you can do it from your couch.
Also, I shouldn’t have said income. It’s more like 1 or 2% of your credit card spend, which is hopefully a much smaller number (say $800 on a $100k income with $40k CC spend)