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Post by Spongemom Scrappants on Apr 22, 2016 15:54:01 GMT
I have two.
I have a GM card that I've had for over 20 years. I've used the "points" off of it to decrease my purchase price of two new Chevrolet vehicles. You make your best deal at the dealership and then whip this out and it comes right off whatever the agreed-upon purchase price is. It used to "pay off" better than it does now, but I can't complain about the benefits I've received from it.
I also got the Capital One Venture card about 5-6 years ago. I have been using it more and more and seeing the points rack up. I just applied the "eraser" feature to wipe out several of the big ticket items from our trip to Chicago last weekend. Nice.
The key to any points card being beneficial is to not carry a balance,, of course. If you are paying interest, you are probably not coming out ahead.
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Post by apeacalledliz on Apr 22, 2016 16:09:24 GMT
Capitol One Platinum has 1.5% cash back on all purchases, we use ours to pay for everything and then just pay it off at the end of the month. So far this year we have earned 300.00 doing this.
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Post by shescrafty on Apr 22, 2016 16:29:33 GMT
Capitol One Platinum has 1.5% cash back on all purchases, we use ours to pay for everything and then just pay it off at the end of the month. So far this year we have earned 300.00 doing this. Is it a Visa card? TIA
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Post by apeacalledliz on Apr 22, 2016 17:12:34 GMT
Capitol One Platinum has 1.5% cash back on all purchases, we use ours to pay for everything and then just pay it off at the end of the month. So far this year we have earned 300.00 doing this. Is it a Visa card? TIA It's a mastercard and I just realized the cashback one is Quicksilver not the platinum card. There is a 39.00 a year fee but we easily make up for that with a couple weeks purchases and bills.
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Post by Sorrel on Apr 22, 2016 17:22:54 GMT
This is all very handy. I think DH and I need to sit down and analyze our spending habits to determine what the best choice would be.
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Post by jenjie on Apr 22, 2016 18:38:35 GMT
I got a Sam's Club credit card just for purchases at their store but after seeing they give 5% cash back on gas, that's all I use for buying gas. I pay it off every month.
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scrapaddie
Drama Llama
Posts: 5,090
Jul 8, 2014 20:17:31 GMT
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Post by scrapaddie on Apr 22, 2016 20:30:06 GMT
I like my chase card. It is free and I recently added 400.00 to my savings account!
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Post by shescrafty on Apr 22, 2016 20:59:23 GMT
I like my chase card. It is free and I recently added 400.00 to my savings account! Which chase card is it?
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Post by whopea on Apr 22, 2016 21:07:35 GMT
We have a Disney points card through Chase. If you travel to Disney or like to spend money in their stores, it's worthwhile. We use it for tickets, meals or souvenirs. They're especially nice for cruises. Eventually we will switch when we no longer go to Disney.
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scrapaddie
Drama Llama
Posts: 5,090
Jul 8, 2014 20:17:31 GMT
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Post by scrapaddie on Apr 23, 2016 0:59:41 GMT
I like my chase card. It is free and I recently added 400.00 to my savings account! Which chase card is it? It is a visa freedom
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Post by librarylady on Apr 23, 2016 12:19:10 GMT
We use an amazon card and I have been using the points for purchases there from time to time.
We also have a Chase Sapphire card. When we began using a Chase card, it had no annual fee. When they switched our card to a Sapphire, Chase said we had to pay a fee. I replied that we could cancel the card then, as I was not paying an annual fee. They have let us keep the card with no annual fee. I use the points to get cash back, rather than get gifts.
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Post by bearmom on Apr 23, 2016 13:26:54 GMT
We have Flex Perks which we usually use for airline tickets. Works well for us, we have gotten quite a few airline tickets over the last 10+ years. There is an annual fee, but if you spend over a certain dollar amount (which we do, most of our bills and spending go on this card, paid off at the end of the month) they give you enough points to redeem for your annual fee or you can pay the annual fee and keep the points.
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Post by ihaveonly1l on Apr 23, 2016 13:41:26 GMT
I have the American Express Blue Cash card. No annual fee and since I use it for everything, I earn a decent amount of cash back.
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