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Glad I happen to be in Munich where cash is king otherwise I would’ve noticed. Using cash here has made me rethink my habits. Still no chance I will put down m
by wil421 8y ago
Glad I happen to be in Munich where cash is king otherwise I would’ve noticed. Using cash here has made me rethink my habits.
Still no chance I will put down my AMEX. 6% cashback at Grocery stores, 3% at the pump, and 3% at the department store I shop at. Even if I carry a balance sometimes I made almost $700 back last year.
- distances 8y agoCashback is very US thing though, so using cash in Germany won't deprive you from that. There are some companies offering modest cashback in Europe too, but in my experience their cards are rarely accepted anywhere. Which is fine by me, I'd rather have lower prices to start with.
- thesimon 8y agoAmex is 0.5-1% cashback in Germany which is quite good. SME Visa/MasterCards still give around 1% in airline miles.
- distances 8y agoBut I think Amex is very rarely accepted -- I don't own one, but judging by the "we accept these cards" labels outside stores.
- thesimon 8y agoI guess it depends what you are optimizing for. Groceries is a quite big expense part for me, so REWE, Aldi and tegut in Germany are quite good for earning. Other expenses are traveling, where basically everyone accepts Amex. Starbucks accepts is as well, quite a lot of McDonalds and most fashion retailers as well. You probably can't survive on Amex alone, but at least in Germany there is a quite big chunk that you can cover.