topic Re: maximizing rewards points in Credit Cards

maximizing rewards points

Anonymous — Tue, 07 Apr 2015 14:20:00 GMT

so I'm on the treadmill devising ways to earn points and then it hits me 💡 I'm currently in school and receive several grants and scholarships. just signed up for summer classes and school account reflects balance. idea: pay with CC Venture or PRG then PIF with refund. has anyone done this before? I just don't want to be caught with my pants down.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 14:23:01 GMT

I typically keep my pants up on the treadmill! But, I think your idea is perfect. I do the same thing with reimbursements from my employer.

Re: maximizing rewards points

takeshi74 — Tue, 07 Apr 2015 14:32:35 GMT

Have you verified that they accept credit cards? Do they impose a fee?

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 14:59:42 GMT

2.7% on Discover, AMEX and MasterCard

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 15:03:23 GMT

@Anonymous wrote:
2.7% on Discover, AMEX and MasterCard

So basically it is stupid then. Because you won't get 2.7% back in points on any of those cards. So ultimately you will be spending more.

I wouldn't do it.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 15:04:44 GMT

@Anonymous wrote:
@Anonymous wrote:
2.7% on Discover, AMEX and MasterCard
So basically it is stupid then. Because you won't get 2.7% back in points on any of those cards. So ultimately you will be spending more.

I wouldn't do it.

Unless of course the extra spend would put you over for a sign-up bonus, thus giving you more than 2.7% back on the transaction, then it would be worth it.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 15:09:52 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
2.7% on Discover, AMEX and MasterCard
So basically it is stupid then. Because you won't get 2.7% back in points on any of those cards. So ultimately you will be spending more.

I wouldn't do it.
Unless of course the extra spend would put you over for a sign-up bonus, thus giving you more than 2.7% back on the transaction, then it would be worth it.

Agree. Going to cost you money otherwise.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 15:10:34 GMT

this summer's tuition for example on my PRG would earn me 1346 points at the cost of $36. That in itself is enought to satisfy the $1000 spend for 25k points. seems like a fair hassle free price for 26,000 points.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 15:12:16 GMT

50k points.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 15:13:11 GMT

@Anonymous wrote:
this summer's tuition for example on my PRG would earn me 1346 points at the cost of $36. That in itself is enought to satisfy the $1000 spend for 25k points. seems like a fair hassle free price for 26,000 points.

Like I said, if it gets you the bonus then go for it. Bummer you only got 25k bonus for the PRG. There's a 50k link out there. Then it really would have been worth it!

Edit: I guess it is 50k!

Re: maximizing rewards points

VanillaThunder — Tue, 07 Apr 2015 15:30:54 GMT

I do this every semester, but the charge at my university is a flat $7.50. I just use my Citi DC, and get about $60 bucks minus the 7.50.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 16:08:25 GMT

@Anonymous wrote:
I typically keep my pants up on the treadmill! But, I think your idea is perfect. I do the same thing with reimbursements from my employer.

ROFL -- This forum isn't just about credit advice. It can also put a smile on your face and make you laugh out loud!!

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 17:14:16 GMT

@Anonymous wrote:

@Anonymous wrote:
I typically keep my pants up on the treadmill! But, I think your idea is perfect. I do the same thing with reimbursements from my employer.

ROFL -- This forum isn't just about credit advice. It can also put a smile on your face and make you laugh out loud!!

I've lost so much weight over the years my pant's tend to find their way to my ankles. Now that I have a Dick's Sporting Goods store CARD@, I'll probably go buy some pants I can keep on my waist on the treadmill and be just like @Anonymous 😉.

Edit: I do in fact, not OWN a Dick's Sporting Goods

Re: maximizing rewards points

Ghoshida — Tue, 07 Apr 2015 16:47:31 GMT

@Anonymous wrote:
@Anonymous wrote:

@Anonymous wrote:
I typically keep my pants up on the treadmill! But, I think your idea is perfect. I do the same thing with reimbursements from my employer.

ROFL -- This forum isn't just about credit advice. It can also put a smile on your face and make you laugh out loud!!
I've lost so much weight over the years my pant's tend to find their way to my ankles. Now that I have a Dick's Sporting Goods store@, I'll probably go buy some pants I can keep on my waist on the treadmill and be just like @Anonymous 😉.

Do you mean a "store card"? I mean, if you own the store, why bother about buying?

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 17:13:14 GMT

🙊 ha ha... I acquired the store in a hostile takeover.

Re: maximizing rewards points

Anonymous — Tue, 07 Apr 2015 17:16:02 GMT

@Anonymous wrote:
🙊 ha ha... I acquired the store in a hostile takeover.

You told them you were the guy from Academy. "All your base are belong to us"