@gdale6 wrote:
Hi all,
Letting you all know you might be getting an offer to switch your customized cash rewards 3% card to their 1.5% unlimited rewards, offer came with a $200 bonus if I spent 1K by a certain date. I tossed the offer in the trash as I only use BoA cards for their 3% categories.
It all depends on perspective, other cards, how much spend, etc.
Lets say you max out the 2,500 / quarter cap on 3% and have a 2% that would cover the BofA 3% catagory
(2,500*0.01) / 3 = 8.33 / month extra rewards
$200 sub / 8.33 month extra = Next 24 months you are ahead with the Sub and lower rewards.
If you only have $500/mo spend
200/5 = 40 months you are ahead with the Sub and lower rewards.
Many sub hunters might like your offer, no HP, keep cc age, and still get a sub.
