- Centurion Member
- Posts: 1589
- Joined: Sun Jun 19, 2011 2:37 pm
- Location: Down South
cashback wrote:Right. But if youre just traveling because you have the points, and you wouldnt normally be doing so if you had to pay cash for it, then its a waste IMO.
Also, you have to look at how much each southwest point is worth. You may actually be losing point value by transferring.
You come out ahead with transfers.
You're absolutely right about using the rewards for things you wouldn't get anyway. They aren't really savings if they are used like that. That's going to be a topic I cover in my upcoming blog. (shameless promotion). Anyways, I fly southwest for nearly all of my trips. I travel for pleasure a bunch during the summer. Plus, I'm going to be married in the next couple years. I'm going to use rewards to fund a honeymoon.
I will use some of the Freedom and Discover cashback to subsidize the cost of some high end fashion purchases as well. I'm to thrifty to pay full price for some of these items.
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