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Which credit cards do you use for maximum rewards? (lemmy.ml)
submitted 11 months ago by WetBeardHairs@lemmy.ml to c/personalfinance@lemmy.ml
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My family uses credit cards for all purchases and we pay them off in full each month. Although sometimes we'll use a 0% APR promotion for bigger purchases.

Which cards do you use for maximizing your rewards?

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[-] WetBeardHairs@lemmy.ml 2 points 11 months ago

They shuffled the rewards around a few years ago due to covid.

  • Free instacart. We used the crap out of it for the first year during covid. Then the terms eroded and it got really expensive.
  • Free Uber priority or Lyft Pink or whatever. That saved us... maybe $10.
  • Free TSA PreCheck. It's worth $75 every 3 years or so. Maybe prices have gone up.
  • Priority Pass - yeah that thing that gives you access to like 0 lounges now. It was great when I got my card nearly 10 years ago.
  • Rewards points. They dropped Travelocity (thank god) as an intermediary. But now their booking costs are about 10-20% higher than booking directly with the airline/hotel/etc. So we try to bank up our points and use them to purchase whole tickets and we never spend cash through their portal anymore.
  • $300 of travel cash. We're careful to not book travel with that reimbursement through their portal. The 10-20% markup translates to $30-60 in rewards which, at a 5% cash back rate costs $1200 in travel to recoup.

Oh and when I signed up they gave me almost $750 in travel credit as a premium. I think I'm going to start churning again because that was the best freakin' reward.

this post was submitted on 27 Aug 2023
37 points (91.1% liked)

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