And the grand total is 11. That is how many credit card offers I received in the month of March. To be honest, I'm a little disappointed. It took a couple of late offers to get me past 10. Then again, I had high expectations for how many offers I would receive.
Amongst all the offers is the question, which one do I take? Miles, rewards, points, cash back, American Express, Discover, etc. I'm getting something with my current principle credit card, but I get the sense I could be doing better. But I put so little on my credit card that it's a pretty marginal return anyway. Nonetheless, I'm open to suggestions.
5 comments:
Frankly, your credit card decision is not worth much of your time. It is hard to go wrong with the saying that Cash is King.
I've gotten about $300 back from my credit card over 1.5 years with no fees or other crap. 5% from groceries and gas really adds up (especially for things to be reimbursed by calsol).
Used to buy the I series US saving bonds with credit card just to get the miles. Boy, the govenrment wised up and no longer allows credit card purchase because most of them held onto the I bonds for a short while and redeemed them as soon as the interest changed. Bought them on line right after the day of the credit card statement so the billing would be on the next cycle. You could have about 40-50 days of free use of money while earned interest and miles! Always pay the credit card companies in full and on time. Those credit card companies just hate people like me.
citi dividend
5% back on gas, groceries, drugs
Cash is not always KING. Unless you have lots of illegally obtained cash and you want to spend it as fast as you can. Why not spend someone else money and earn rebates and miles then pay it on time and in full amount. Just be careful because some government services still charge you for using the credit card for payments. Many countries such as New Zealand prefer to have it's citizen use credit cards or cash card (ATM) for all payments because they do not want to deal with, yes, the drug money or other illegal adtivities with cash changed hand. The government issues ATM card and account for it's citizens. The service is free. When people use cash, they don't deal with pennies any more, just round to the 5 cents. Merchants love it. The don't have to spend time to handle and count pennies. It's great and more efficient to become a cashless society. But our government will never agree to that. How else your politicians get pay-off from those lobbyists? Not with credit card!
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