This might be a little bit of a silly question, but credit card companies do not report your spending information to the IRS correct?
Cc companies do not report to the IRS.....hey, how do you like your Barclay Rewards MC? I just got approved for it 2weeks ago, then opened Amex BCE and Discover last week...do you think Barclay will be okay with that? I'm asking you since you have Barclay rewards and a lot of other Cards...at least a lot more than I do....did you get your Barclay Card before most of your cards, or did you get the Barclay card towards the end of your collection of credit cards?
$600 
$6500 
$30k 
16k 
12k VSiggy
Thanks for the info. Honestly, the only reason I got it was because of the $100/$750 offer. It pretty much just collects dust now. I got approved for it and 2 others within a few days of each other back in November, so from my experience I think you should be ok. 1% CB and then 2% CB on gas, grocery, and utilities. I can get a higher CB% in those categories with my other cards. Your amex covers the gas and grocery. I'll put a few things here and there on it, but other than that I can't justify useing it when other cards offer higher CB percentages.
@knhorn wrote:This might be a little bit of a silly question, but credit card companies do not report your spending information to the IRS correct?
Thanks very much for adding another thing to worry about in my already paranoid mind...lol!
@BRlaw wrote:No but if you ever get audited it is free game for subpoena... It is very much a "paper trial" if that is what you are getting at...
Ditto......instead of BR "law", mine is CPA.
