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I used to live in a place where my rent -- for a nice apartment -- was about $1k/month. That's 12,000 points a year from putting rent on the card, and there are
by ubernostrum 10y ago
I used to live in a place where my rent -- for a nice apartment -- was about $1k/month. That's 12,000 points a year from putting rent on the card, and there are airlines where that's right around the lower bound of redeeming a flight.
If your rent is higher than that, of course, it becomes a better deal.
- seanp2k2 10y agoThe way this all works is the merchant pays a fee to process you CC and the bank splits that fee with you. Gas stations are somewhat smart about this in that they charge you more when using a card since they're paying more for the transaction. However, it's annoying to consumers to charge a higher price depending on payment method. Not sure why gas stations are the only ones getting away with it.