- Centurion Member
- Posts: 195
- Joined: Mon Oct 29, 2012 2:50 pm
- Location: Boston
FutureBillionaire wrote:I understand. I'm going to fund a future honeymoon and some other stuff with rewards. Plus, I want to make some extra cash. If I can drive downtown to the bar to blow money, I sure as heck can drive to the home improvement store to earn som rewards.
That makes sense. To me, spending $100 just to earn 5% on a purchase I don't need is pointless. I'll buy gas cards or lunch (Chase Freedom 5% restaurants) but spending money to earn a small percentage isn't worth it.
I churn bonuses and will use my cards for rewards. Thats about it. It's like playing in Vegas just for comps. You don't gamble for comps, you do it for entertainment. You also don't gamble what you can't afford.
Spending $500 to earn $25 when I don't need to is just bad opportunity cost.
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000
Current total limit: $129,500