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Sign up for rewards credit cards and "make" some money. $500 bonus cash back if you spend $4k. The processing fee on $4k is about $95, so you get a ~10% discoun

by gonyea 11y ago

Sign up for rewards credit cards and "make" some money. $500 bonus cash back if you spend $4k. The processing fee on $4k is about $95, so you get a ~10% discount on your property taxes.

DrScump 11y ago
What credit card is giving back 12.5% cash on purchases? That makes no sense whatsoever. Exactly which elective office do you hold in the CA Legislature, anyway?
- gonyea 11y ago
  Many credit cards offer a bonus if you spend $X in the first 3 months. And then it's usually 1-5% cash back at certain vendors after that.
  - DrScump 11y ago
    Many credit cards offer a bonus if you spend $X in the first 3 months. Well, sure, but that's not a marginal advantage to using it for this one purpose unless you're not charging anything else. And then it's usually 1-5% cash back at certain vendors after that. I've not seen any card with an unlimited bonus on something like this of more than 2%. You might see 3% on limited categories like fuel (like Costco) or groceries.'
    - gonyea 11y ago
      Chase freedom has 5% cash back with Amazon. This month it's actually 10%. They did recently cap the monthly rewards at $150 total, which is a bummer. You can get 20%+ cash back (up top $10k in purchases) with discover if you use it with Apple Pay this month. http://www.uscreditcardguide.com/discover-apple-pay-22-23-or-30-cash-back/ http://www.uscreditcardguide.com/discover-apple-pay-22-23-or... And yeah, that's real. I never pay full price for anything ;). Even my taxes.
      - DrScump 11y ago
        I never pay full price for anything On that note, I don't pay for anything on Amazon; I can use my Citi points like cash there... and my designated charity (OneBrick) still gets their full cut. Thanks for sharing the Apple Pay info, but it seems to require Apple devices.
kspaans 11y ago
You can pay your property taxes with a credit card?
- gonyea 11y ago
  In Santa Clara county, yeah. The fee is 2.38%. Which is a terrible financial decision unless you're using it to get bonus points (and you pay the balances in full, right away).

by gonyea 11y ago

Sign up for rewards credit cards and "make" some money. $500 bonus cash back if you spend $4k. The processing fee on $4k is about $95, so you get a ~10% discount on your property taxes.

DrScump 11y ago

What credit card is giving back 12.5% cash on purchases? That makes no sense whatsoever. Exactly which elective office do you hold in the CA Legislature, anyway?

gonyea 11y ago
Many credit cards offer a bonus if you spend $X in the first 3 months. And then it's usually 1-5% cash back at certain vendors after that.
- DrScump 11y ago
  Many credit cards offer a bonus if you spend $X in the first 3 months. Well, sure, but that's not a marginal advantage to using it for this one purpose unless you're not charging anything else. And then it's usually 1-5% cash back at certain vendors after that. I've not seen any card with an unlimited bonus on something like this of more than 2%. You might see 3% on limited categories like fuel (like Costco) or groceries.'
  - gonyea 11y ago
    Chase freedom has 5% cash back with Amazon. This month it's actually 10%. They did recently cap the monthly rewards at $150 total, which is a bummer. You can get 20%+ cash back (up top $10k in purchases) with discover if you use it with Apple Pay this month. http://www.uscreditcardguide.com/discover-apple-pay-22-23-or-30-cash-back/ http://www.uscreditcardguide.com/discover-apple-pay-22-23-or... And yeah, that's real. I never pay full price for anything ;). Even my taxes.
    - DrScump 11y ago
      I never pay full price for anything On that note, I don't pay for anything on Amazon; I can use my Citi points like cash there... and my designated charity (OneBrick) still gets their full cut. Thanks for sharing the Apple Pay info, but it seems to require Apple devices.

kspaans 11y ago

You can pay your property taxes with a credit card?

gonyea 11y ago
In Santa Clara county, yeah. The fee is 2.38%. Which is a terrible financial decision unless you're using it to get bonus points (and you pay the balances in full, right away).