Quote:
Originally Posted by ThaVirus
Congratulations on the upcoming trip. I know from past convos you and Lew are heavy in the credit card rewards game.
I just stick with my AmEx for gas and grocery purchases and then put everything else on my CapitalOne for 2% cashback. It's a good system and I don't mind keeping it simple. I have considered "churning" through some new cards just to get those "$250, $500 cashback when you spend $1000 on this card in the first 3 months" sort of deals but that's just a bit much for me.
My goal is to pay off a trip to Hawaii for my gf and I with my credit card rewards. At this point I'm actually pretty close.
|
Yeah, there's nothing wrong with keeping it simple, and cash back cards are the best place to start for 95% of people. You can get a ton more bang for your buck if you go for travel rewards, but it's FAR more complicated (despite what a lot of online blogs and videos tell you). But that said, you can get some insane experiences if you dedicate the effort. A friend of mine (who I would call an expert) just took a trip to Germany, and on the way back he flew Singapore Airlines' first-class suite:
Again, 100% paid for using credit card rewards.