Don't you just love rewards cards???
I use mine to pay for pretty much everything (except bills) that I would have used a debit card, cash or check to pay for. I stick to a budget...and pay the card off each week. (I am not comfortable paying off monthly...weekly keeps me disciplined.)
Then, every few weeks when the reward hits $20 or more, I can request a check...I just submitted a request and will receive a $20 check in the mail in the next week or so. For expenses I would have paid anyway!! (gas, groceries, etc.)
The $20 will go towards our other cc...that has some unplanned emergency stuff on it from earlier this year (big dental bill and plumbing work on the house)
In the meantime, I will keep earning those rewards dollars...
Rewards Card
April 13th, 2006 at 04:08 pm
April 13th, 2006 at 06:05 pm 1144951511
April 13th, 2006 at 06:09 pm 1144951746
Ours is a cash rewards card...and we get cash back on our purchases.
As I stated, I pay the balance in full each week, so there is never a finance charge...and there is no annual fee. So it is a total win for us!