Our credit card [not a Cabela's card] gives us reward points and there are literally hundreds of ways we can use them. Airline travel, hotel stays, we can buy junk products directly from the rewards company, get 0.5% cash back, purchase products from retailers we have no interest in, or exchange the reward points for gift cards from a long list of retailers. Looking through all the various options, THE ONLY ONE that stuck out as something we'd like, was to exchange the points for Cabela's gift cards.
So we do that once a year. We use that credit card for EVERYTHING; bills, groceries, gasoline, EVERYTHING. We build up points in a hurry. Also, if you buy from Cabela's, they will send you a "cash card" at the end of every summer. The way this thing works is that you go to a Cabela's store and if you purchase $500 in merchandise, they activate the "cash card" for $150 that you can use right then and there. We've been able to combine our credit card points with this promotion.
This year, we took in $400 in Cabela's gift cards that came from our reward points. We also happen to have a $50 Visa card that we got as a rebate from buying Cooper Tires. So, we spent about $60 out of pocket to get the first basket of merchandise up to that $500 mark, and then the next basket was already arranged right at the $150 mark.
Basically, we walked out of Cabela's with ~$650 worth of goods, and we only spent about $60 of our own money. It's pretty cool I guess. I mainly buy reloading components and stuff, and the wife gets whatever she happens to want. I have to say, $650 worth of Cabela's merchandise won't quite fill up the trunk of the car like you might think it would. Their prices are up above their competitors in my estimation.
If our credit card were to offer some type of exchange for Midway Money, we wouldn't mess with Cabela's.
. Nice taxidermy stuffs too.
