Paying rent with Credit Card...

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Twisted Innovator
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Paying rent with Credit Card...

Postby Twisted Innovator » Thu Feb 06, 2014 6:48 am

Have any had any experience with this....like paying for a Money Order with a Credit Card at Walmart? I want to use my Credit Card to collect the free rewards, since I have to pay rent anyway...


cashback
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Postby cashback » Thu Feb 06, 2014 7:52 am

Google "Bluebird Rent" and click the first one. Id link you to it, but CCF would delete it.
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781

commdiver
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Postby commdiver » Fri Feb 21, 2014 11:25 pm

Couldn't you theoretically earn (almost) unlimited cash back that way? You could max out one credit card every month paying to reload your Bluebird to pay back the other credit cards. Or am I missing something?
Current credit cards:
American Express: Blue Cash Everyday, Fidelity Investment Rewards
Discover: It
MasterCard: Chase Ink Cash
Visa: BB&T Visa Signature, Capital One Business Platinum, Chase Freedom, Citi Forward

rockyrock
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Postby rockyrock » Fri Feb 21, 2014 11:30 pm

commdiver wrote:Couldn't you theoretically earn (almost) unlimited cash back that way? You could max out one credit card every month paying to reload your Bluebird to pay back the other credit cards. Or am I missing something?


You are missing that it cost you ~$4 for every $500 you load, not a huge amount but not free which cuts down on the value of your miles/points.
American Express (2005): Premier Rewards Gold & Blue Cash Preferred
Chase: Freedom & UA Club USAA: Signature Visa & American Express
Discover it Bank of Hawaii Hawaiian Airlines WEMC Synchrony Sam's MC
Navy FCU Platinum Visa Citi Double Cash & AT&T Access MC

commdiver
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Postby commdiver » Fri Feb 21, 2014 11:37 pm

rockyrock wrote:You are missing that it cost you ~$4 for every $500 you load, not a huge amount but not free which cuts down on the value of your miles/points.


$3.95 :P :D

That still seems like a steal. If you can get 5% off Vanilla Reload (e.g. Chase Ink at Office Depot), you could be making several hundred dollars a month by doing nothing but paying your bills, which you would be doing any way.

Thank you for the heads up. I am happy that I found this thread, haha.

EDIT: My only concern would be getting a Vanilla Reward for $500. That seems to me like it would make me an easy victim to get mugged.
Current credit cards:
American Express: Blue Cash Everyday, Fidelity Investment Rewards
Discover: It
MasterCard: Chase Ink Cash
Visa: BB&T Visa Signature, Capital One Business Platinum, Chase Freedom, Citi Forward

rockyrock
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Postby rockyrock » Fri Feb 21, 2014 11:39 pm

commdiver wrote:$4.95 :P :D

That still seems like a steal. If you can get 5% off Vanilla Reload (e.g. Chase Ink at Office Depot), you could be making several hundred dollars a month by doing nothing but paying your bills, which you would be doing any way.

Thank you for the heads up. I am happy that I found this thread, haha.


Look on The Points Guy blog for more info on this subject, he really breaks it down and gives you the ins and outs. Also read the comments after the blog to here peoples successes and failures.

Good luck!
American Express (2005): Premier Rewards Gold & Blue Cash Preferred
Chase: Freedom & UA Club USAA: Signature Visa & American Express
Discover it Bank of Hawaii Hawaiian Airlines WEMC Synchrony Sam's MC
Navy FCU Platinum Visa Citi Double Cash & AT&T Access MC

commdiver
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Postby commdiver » Sat Feb 22, 2014 12:00 am

rockyrock wrote:Look on The Points Guy blog for more info on this subject, he really breaks it down and gives you the ins and outs. Also read the comments after the blog to here peoples successes and failures.

Good luck!


It seems most places will not let you use a credit card to purchase a Vanilla Reload card. Oh well. It did seem pretty nice.
Current credit cards:
American Express: Blue Cash Everyday, Fidelity Investment Rewards
Discover: It
MasterCard: Chase Ink Cash
Visa: BB&T Visa Signature, Capital One Business Platinum, Chase Freedom, Citi Forward



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