Reloadron
Contributing Member
Like everyone else we pay the bills monthly in full and use the points. Till last year I pretty much used AMEX exclusively when I could. We got points. Problem with American Express points was they weren't that great. So we cashed in something like 150,00 points for $1,500 in Home Depot gift cards for pending home improvements.Never understood folks that pay credit cards in full every month. My parents do it. Why even use them if you have the cash. Aren't you essentially paying more because of interest?
Now we use the Cabelas card. Every year over the holidays we sent out those yummy Cabelas food samplers. We have about a dozen close friends we send the bacon and other samplers to. This year we have several hundred dollars in Cabelas bucks which will cover everything and leave me room for some ammo.
Heck, we even use the Cabelas card at the local supermarket to buy gift cards and get a ten to twenty cents off every gallon of gasoline we buy at their get go service stations. Between ten and twenty cents off a gallon of gas for every $50 spent.
Like a few members mentioned, you can get the cards to work for you. Now if I manage 2014 real good I'll end up with a new rifle or handgun from Cabelas.
Ron
PS, I should point out I used an 18% APR in my example. It was just an arbitrary number and as mentioned your mileage will vary.