Cash rewards for the month = $185!!!

All about maximizing your rewards!
Members share tips and tricks for getting the most miles, & points.
jeffysdad
Centurion Member
Centurion Member
 
Posts: 875
Joined: Thu Apr 30, 2009 2:32 pm
Location: Texas

Postby jeffysdad » Sat Sep 15, 2012 1:51 pm

Craigm, your spending doesn't seem high at all for a family of five, except perhaps for gasoline. My family of one human and three dogs costs about $1,800 a month to sustain, not including rent. I wish I could get 5% back on dog-related expenses; as it is I usually just get 2% back using Fidelity Amex.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.


trumpet-205
Centurion Member
Centurion Member
 
Posts: 221
Joined: Sat Oct 23, 2010 1:51 pm
Location: CA, USA

Postby trumpet-205 » Sat Sep 15, 2012 4:31 pm

You could buy Pet store GC from grocery store to enjoy 6% CB.

Another alternative is from Plastic Jungle or Cardpool.
In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)

jeffysdad
Centurion Member
Centurion Member
 
Posts: 875
Joined: Thu Apr 30, 2009 2:32 pm
Location: Texas

Postby jeffysdad » Sat Sep 15, 2012 4:43 pm

Thanks, Trumpet. The food my dogs eat isn't available at the grocery store. As for gift cards, I'm just not willing to go to that much trouble for a modest reward.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

kcarter609
Centurion Member
Centurion Member
 
Posts: 423
Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Sat Sep 15, 2012 8:14 pm

Well, it all seems pretty normal for 5 people I guess. That's good that you have a 6 month backup fund and everything is paid in full.

My only recommendations to you are to a) Start using Quicken (it's really great once you set it up. The best way to do it with that many transactions is to just start from like 9/1/12 and go from there. Unless you want to put the time in. It auto downloads, but when you have to go back and some accounts give 90 days, some give like 50, etc. it gets confusing. Up to you.) and b) if you can, bump the emergency fund up to 12 months. You never know.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

craigm1
Centurion Member
Centurion Member
 
Posts: 285
Joined: Wed Dec 01, 2010 8:44 pm
Location: toms river nj

Postby craigm1 » Sat Sep 15, 2012 8:29 pm

jeffysdad wrote:Craigm, your spending doesn't seem high at all for a family of five, except perhaps for gasoline. My family of one human and three dogs costs about $1,800 a month to sustain, not including rent. I wish I could get 5% back on dog-related expenses; as it is I usually just get 2% back using Fidelity Amex.


The 641 is between 2 cars and one of them only uses premium thank god for 5% cash back on gas!
Current Cards: American Express:Grandfathered Blue Cash CL 34k member since 89
Chase Freedom CL 7.5k member since 04
Chase Marriot Rewards Premier CL 20k member since 13
Chase Sapphire Preferred CL 25K member since 13
Bank Americard Cash Rewards Signature Visa CL 14k member since 11
Discover Cashback Bonus $10.5k member since 11
US Bank Cash + Signature Visa 19k member since 12
Citibank Thank You Preffered World Mastercard $16.5k member since 14

FutureBillionaire
Centurion Member
Centurion Member
 
Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Sun Sep 16, 2012 6:37 pm

Jeffysdad, 6 percent back is just a modest reward? Am I missing something here?


As for the original poster, I need you to download some coupon apps and make sure that you are shopping at places that reward your loyalty with coupons or rewards points outside of your credit card usage. You should probably buy some items in bulk and buy a ton of things you know your family will use up while they are on sale. I buy enough toothpaste and toothbrushes to last a year when they are 10 for 10 dollars.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

jeffysdad
Centurion Member
Centurion Member
 
Posts: 875
Joined: Thu Apr 30, 2009 2:32 pm
Location: Texas

Postby jeffysdad » Mon Sep 17, 2012 6:36 am

FB, I suppose I could try to buy gift cards for PetSmart at Kroger and get 6% on dog food that way. To be honest, I hadn't thought of that. I'll look for PetSmart gift cards the next time I'm at the grocery store.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

FutureBillionaire
Centurion Member
Centurion Member
 
Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Mon Sep 17, 2012 11:38 am

You will make HUGE cash back doing that. I buy gift cards to any place that doesn't already get me rewards, like Target. I effectively get 6% back on my target purchases in store. I'm not sure how you can beat the value of that card.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

trumpet-205
Centurion Member
Centurion Member
 
Posts: 221
Joined: Sat Oct 23, 2010 1:51 pm
Location: CA, USA

Postby trumpet-205 » Mon Sep 17, 2012 2:17 pm

For Target, you might want to get Redcard (Debit without HP) instead.

Even though it offers 5% discount, the discount is applied before sales tax is calculated. So depending on you states sale tax you actually save more vs 6% Target GC from grocery store.

Plus Redcard gets you free shipping for Target online as well.
In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)

jeffysdad
Centurion Member
Centurion Member
 
Posts: 875
Joined: Thu Apr 30, 2009 2:32 pm
Location: Texas

Postby jeffysdad » Mon Sep 17, 2012 2:26 pm

The only store where I shop regularly for which gift cards would be useful is PetSmart. If I used gift cards purchased at the grocery store with BCP to pay for dog food instead of my Fidelity Amex, I would make about $27 per year. That hardly seems worth it.

I don't shop at Target or most other brick and mortar stores with any frequency/regularity to warrant holding gift cards for them. When I shop online, I used the WorldPoints mall for additional cashback, so buying a gift card for Banana Republic, for instance, would net me very little if anything.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.



Return to “Rewards”

Who is online

Users browsing this forum: No registered users and 2 guests