@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Just to confirm, here are the returns for the 5 TY points/dollar on the Forward card:
3.125% Cash back as a check
3.3% Statement credit
4-5% Most gift cards from big retailers, e.g. Walmart, Home Depot, Macy's
5% Mortgage payments, student loans
5% Flights booked through Citi's travel website, which pulls fares directly off of airlines' own websites
5.5% Amazon gift card
Never get the merchandise but sometimes it may be worth it since they go on sale, e.g. 25% points off. If you were gonna buy it anyways may be worth it to compare to Amazon prices.
Thank you very much. 3.3% statement credit is better than 1% cash back from Chase Freedom or AMEX at a restaurant (unless dining out is the 5% Freedom category). I'd probably use it for Amazon though since I can buy books and other necessary things.
What's the 0.25% APR reduction thing?
Also, right now it looks like the offer is 6000 points when you spend $250 in the first 3 months? So 6000 points is equivalent to a $330 Amazon gift card?!
Also 2500 bonus points for doing paperless? So that's another $137 Amazon gift card? Am I missing something here?
No, each point is worth between 0.6-1.1 cents so those percentages only apply for the 5 points/dollar spent categories.
So 6000 points is worth $66 at most if redeemed for an Amazon gift card.
Oh I see. So on your rewards balance you have two separate categories or something?
Don't know if you saw my edit on the previous post:
As for the APR thing, you're supposed to get 0.25% deducted every 3 months so long as you stay under your credit limit and pay your bills on time each month, max of 8 times.
Yes, on your online account they will itemize the points in the bonus categories vs non-bonus categories.
