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It's hard for me to believe (3) could be worth it. Do any cards give more than 2% in cashback?
by matthewbauer 7y ago
It's hard for me to believe (3) could be worth it. Do any cards give more than 2% in cashback?
- snuxoll 7y agoThis is about churning, not regular rewards. Sign up for a new card, pay taxes on it among other things to meet the spending requirement for the signup bonus, get “free” $$$ for things you have to spend anyway.
- ghostbrainalpha 7y agoExcept you don't get “free” $$$ for things you have to spend anyway... You get points you can use for vacation or travel. If you NEED to vacation or travel, it IS simply a smart transaction. But if you weren't spending money on travel before than it can still result in increased expenditure even if managed perfectly.
- jklehm 7y agoThe point is the bonus points for spending x in 3 months not the points for the spend. 60k bonus points for the first 4,000$ spent is definitely worth..most points are 1.5 cents or so.