silver6054 wrote:While I agree with what people have posted, we should all remember that it is not quite as simple as that. Many studies show that with a rewards card, you don't buy what "you would have bought anyway", you buy more, probably 15% is an average from those studies. And that is of course why the credit card companies want to give rewards, to increase spending for additional swipe fees (and interest charges if they are lucky!).
I try to think of it as: "I'm going to buy this, can I get points?" versus "What can I buy to earn points?" It makes it really hard when I go to the UR Mall to see if I can earn points for what I'm already buying and see all those 5x, 6x, 10x...it's like wandering around Walmart :-/