I get 1%-3% on my American Express, are you finding better pay backs? We have excellent credit too but charge about 14K-20k a year. What credit cards do you like and why?
For convenience I like Amazon and Cabelas. Amazon has run specials, double points, etc. We buy allot off of Amazon and the $50 gift certs come in handy. But now we are saving up the points for two round trips to Ireland.
I don't buy a lot at Cabelas but do use the points for xmas presents. Three sons and wife...all hunters.
I have the “black” premier card because I spent $20,000 last year with it.
Got a nice slug of 15,000 miles for a Citi American Airline card...on top of the miles I already had, I finagled three round trip tickets...Also $200 back from American Express for travel related costs.
I don't spend allot of time at this...just if I notice something during my regular spending/credit reviews. It's during these reviews that if I have a good offer I really cram down interest rates. Am running a little bit of debt at 0% on several cards and will pay it off before the offer expires. Of course they now have goosed up transfer fees so I really watch that and have called to negotiate. If you are moving $20,000 they will listen!!!
I have airline and hotel points in various accounts I haven't even sorted through. Keep saying I will but just not a priority right now.
My understanding is they are pulling some card programs back or I guess just keeping them for their best credit worthy customers.
Just a nice fringe...still what I like most is paying $500 a month on a card that has a $44 minimum.. just to see the numbers fall.....Have to be totally debt free (with relatively new cars, motorcycle, equipment etc.) for retirement.
I know they are websites that will compare all kinds of things and I am sure there must be some forums or blogs. I read recently about two sisters, they travel all the time, have gone round the world..they don't pay anything in costs, but they work allot on it, I just don't have that kind of time or desire!!!!
The Big Boo