fj12ryder wrote:
My thought about cash back cards is that you're going to buy stuff anyway, why not get a bit of it back. Yeah, maybe sometimes I buy a couple extra things because it isn't "cash", but most of what is purchased would be gotten anyway. I haven't paid a dime of credit card interest in probably 30 years, that's a fool's game.
Yeah, I'll take my $250 check from Costco and enjoy every dime.
The Costco card is what we use for gasoline and diesel. I don't really see how getting a few cents/gallon back doesn't work in my favor. I'm going to buy it anyway, and every little bit helps. Costco gas around here is the cheapest, plus the money back. Win, win. But we only fill up there when we are at Costco anyway.
We use penfed for gas, pay off every month, combined with Kroger fuel credits and it can amount to a significant saving/gallon.
And use a Visa card for everything else including many monthly bills that can be paid by CC w/o a surcharge. Again pay off every month. End result is we haven't paid for airplane tickets for travel in decades. Visa CC points have paid for all our airline travel.
We are what the credit card companies sometimes call "credit card deadbeats". We pay off the card every month, have cards with no annual fee (other than costco) and pocket the benefits.