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What's the context tho? If you spend $250,000 a year on credit card purchases and get 4% back on everything you've cashed in on $10,000 bonuses, but you had to
by nickjj 8y ago
What's the context tho?
If you spend $250,000 a year on credit card purchases and get 4% back on everything you've cashed in on $10,000 bonuses, but you had to spend $250,000 to get that.
It sounds like one of those conversations where it's like "yeah, just buy a car because you can write it off on your business account", so while you do get a discount on your taxes, you still had to pay for the car which is a net negative on how much $ you have in your pocket at the end vs not buying the car and paying more taxes.
- streptomycin 8y agoThe big money is in sign-up bonuses, like "spend $3000 in the first 3 months and get 50000 points, which is worth $500 cash or even more towards travel".