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Author Topic: I've Taken The Advice Of Getbig & Using Credit Cards For Points  (Read 7348 times)

Vince G, CSN MFT

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I've Taken The Advice Of Getbig & Using Credit Cards For Points
« on: July 17, 2016, 01:06:27 PM »
I've always been big on paying cash for everything but after speaking with some fellow Getbiggers via PM, I've gotten an AMEX business card and am going to put everything on the card and pay it off each month to get the points and rewards....just to see how it goes.   
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MorganSA

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #1 on: July 17, 2016, 01:32:30 PM »
We have a consultant in at work who pays for all his grocery shopping off rewards points from his work travel expenses.....am very jealous
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Simple Simon

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #2 on: July 17, 2016, 01:33:25 PM »
Quote from: Vince G, CSN MFT on July 17, 2016, 01:06:27 PM
I've always been big on paying cash for everything but after speaking with some fellow Getbiggers via PM, I've gotten an AMEX business card and am going to put everything on the card and pay it off each month to get the points and rewards....just to see how it goes.   
do shops take American Express for a Snickers and a Big gulp?
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el numero uno

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #3 on: July 17, 2016, 01:36:25 PM »
Seems like your life has changed now that you have a real job.
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SF1900

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #4 on: July 17, 2016, 01:37:34 PM »
Quote from: Be There on July 17, 2016, 01:33:25 PM
do shops take American Express for a Snickers and a Big gulp?

haha, I literally laughed out loud for this one!! LMAO!!!  ;D ;D ;D
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Henda

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #5 on: July 17, 2016, 01:38:34 PM »
I got refused a contact mobile phone for having no credit history at the time, they say no history is worse than bad history.
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Vince G, CSN MFT

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #6 on: July 17, 2016, 01:42:10 PM »
Quote from: Be There on July 17, 2016, 01:33:25 PM
do shops take American Express for a Snickers and a Big gulp?

No, they take rolls of nickels like your momma
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FitnessFrenzy

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #7 on: July 17, 2016, 03:49:49 PM »
Quote from: Vince G, CSN MFT on July 17, 2016, 01:42:10 PM
No, they take rolls of nickels like your momma


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Coffeed

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #8 on: July 17, 2016, 04:12:57 PM »
Quote from: bass generator on July 17, 2016, 01:38:34 PM
I got refused a contact mobile phone for having no credit history at the time, they say no history is worse than bad history.
I know someone who had this no history issue and it was indeed brutal. With no credit history you can get royally screwed with huge interest, excessive deposits, or just flat turned down.

If you're going to avoid building a credit history you better have a big pile of cash if you want to live in the modern world.
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Qwert II

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #9 on: July 17, 2016, 04:15:37 PM »
Quote from: Vince G, CSN MFT on July 17, 2016, 01:06:27 PM
I've always been big on paying cash for everything but after speaking with some fellow Getbiggers via PM, I've gotten an AMEX business card and am going to put everything on the card and pay it off each month to get the points and rewards....just to see how it goes.    

Whatever!!!

What business expenses do you have a month?

Your imaginary boy in India? Your once a year hosting of your dead site for $9.99? Imaginary pay per click fees?

if you had a real business, you'd have HAD to have a card all these years to function at optimal levels. You can't run a biz in cash in this day & age.

Only a life time minimum wager who works for $10.54hr would think that this was possible.

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HTexan

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #10 on: July 17, 2016, 04:22:19 PM »
Quote from: Vince G, CSN MFT on July 17, 2016, 01:06:27 PM
I've always been big on paying cash for everything but after speaking with some fellow Getbiggers via PM, I've gotten an AMEX business card and am going to put everything on the card and pay it off each month to get the points and rewards....just to see how it goes.   
business reward cards are awesome. Just never redeem point for cash. The best deals on points I have found though AMEX website is dinning, but check the ratios.
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denarii

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #11 on: July 17, 2016, 04:25:15 PM »
Amex at the laundromat

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Princess L

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #12 on: July 17, 2016, 04:25:55 PM »
Look into the Chase Freedom Card.



$150 Bonus

after you spend $500 on purchases in your first 3 months from account opening.*

Earn a $25 bonus when you add your first authorized user* and make your first purchase within this same 3-month period.*

This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.

Low intro APR

0% intro APR for 15 months from account opening on purchases and balance transfers.† After that, 14.24%–23.24% variable APR.† Balance transfer fee is 5% of the amount transferred with a minimum of $5.†

5% Cash Back

Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.*

1% Cash Back

1% cash back on all other purchases* – it's automatic. Cash Back rewards do not expire as long as your account is open!*

Also, look into a credit union and see if they offer this program.

https://www.points2u.com/

Get gift cards instead of merchandise - much better deal.




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WalterWhite

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #13 on: July 17, 2016, 04:30:46 PM »
I am a Discover Card fan because of their Shop Discover function on the web site.

http://www.creditcards.com/reward.php?
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Iceman1981

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #14 on: July 17, 2016, 04:39:17 PM »
I use the credit card for most of my purchases. At the end of the month I have enough points to pay for my groceries for a week. Points are great.
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NelsonMuntz

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #15 on: July 17, 2016, 04:42:00 PM »


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HTexan

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #16 on: July 17, 2016, 04:47:45 PM »
Quote from: Iceman1981 on July 17, 2016, 04:39:17 PM
I use the credit card for most of my purchases. At the end of the month I have enough points to pay for my groceries for a week. Points are great.
I'm a huge fan of AMEX corporate and barclaycard apple rewards. AMEX rewards are redeemed for date night ;D, and barclaycard is redeemed for apple gift cards.
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Irongrip400

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #17 on: July 17, 2016, 04:51:53 PM »
Good call on the Amex if you travel. I haven't paid for a plane ticket in over three years except one or two times. It's a great card to have.
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Coach is Back!

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #18 on: July 17, 2016, 04:58:38 PM »
Quote from: Vince G, CSN MFT on July 17, 2016, 01:06:27 PM
I've always been big on paying cash for everything but after speaking with some fellow Getbiggers via PM, I've gotten an AMEX business card and am going to put everything on the card and pay it off each month to get the points and rewards....just to see how it goes.    

Congrats, you just put or added more debt to your business. Now you have bust your nut each month to pay off that Amex. You can operate a successful business with ZERO debt. Bad business move.
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HTexan

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #19 on: July 17, 2016, 04:59:27 PM »
Quote from: Irongrip400 on July 17, 2016, 04:51:53 PM
Good call on the Amex if you travel. I haven't paid for a plane ticket in over three years except one or two times. It's a great card to have.
look into the SW reward business credit card, it isn't too bad.
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HTexan

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #20 on: July 17, 2016, 05:00:52 PM »
Quote from: Coach is Back! on July 17, 2016, 04:58:38 PM
Congrats, you just put or added more debt to your business. Now you have bust your nut each month to pay off that Amex. You can operate a successful business with ZERO debt. Bad business move.
he has an LLC.
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Chadwick The Beta

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #21 on: July 17, 2016, 05:05:24 PM »
Quote from: Vince G, CSN MFT on July 17, 2016, 01:06:27 PM
I've always been big on paying cash for everything but after speaking with some fellow Getbiggers via PM, I've gotten an AMEX business card and am going to put everything on the card and pay it off each month to get the points and rewards....just to see how it goes.   

 ::)
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Coach is Back!

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #22 on: July 17, 2016, 05:13:27 PM »
Quote from: HTexan on July 17, 2016, 05:00:52 PM
he has an LLC.

Still, debt kills the bottom line. There are huge corporations in the US that operate debt free. Regardless, an Amex business is risky especially if payment is late or missed. But if that's what he wants.
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HTexan

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #23 on: July 17, 2016, 05:15:56 PM »
Quote from: Coach is Back! on July 17, 2016, 05:13:27 PM
Still, debt kills the bottom line. There are huge corporations in the US that operate debt free. Regardless, an Amex business is risky especially if payment is late or missed. But if that's what he wants.
You understand how a LLC works right? Plus he is going to pay it off same month, he should be fine. unless he falls into that early "first time credit card owner" trap and buys shit he cant afford.
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Coach is Back!

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Re: I've Taken The Advice Of Getbig & Using Credit Cards For Points
« Reply #24 on: July 17, 2016, 05:31:42 PM »
Quote from: HTexan on July 17, 2016, 05:15:56 PM
You understand how a LLC works right? Plus he is going to pay it off same month, he should be fine. unless he falls into that early "first time credit card owner" trap and buys shit he cant afford.

Yes, of course I understand. But if he's going to pay it off anyway just stay with a business debit card. Just my opinion. We've always operated debt free since day one.
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