I currently have my insurance auto drafted out of my bank account, but I am looking to move those to a credit card for reward purposes. What category would those fall under for rewards?
Based on your line-up, probably 1.5%.
@Varsity_Lu wrote:I currently have my insurance auto drafted out of my bank account, but I am looking to move those to a credit card for reward purposes. What category would those fall under for rewards?
Right, but I am looking for a new card, so I would like to know what rewards category insurance falls into. Bills? Utilities? What's the best card to maximize rewards for this?
@NoMoreE46 wrote:Based on your line-up, probably 1.5%.
@Varsity_Lu wrote:I currently have my insurance auto drafted out of my bank account, but I am looking to move those to a credit card for reward purposes. What category would those fall under for rewards?
@NoMoreE46 Wait, how did you get MF in dark mode? I need this.
@MissLiz wrote:@NoMoreE46 Wait, how did you get MF in dark mode? I need this.
Browser setting, depends on which one you are using.
Depending on who your insurance is with, the pay in full and direct debit autopay discounts may beat any potential credit card rewards by a very wide margin.
@NoMoreE46 wrote:Correct.
By paying the entire premiums for the year vs. monthly, we saved like 12% on our auto insurance policy.
@markbeiser wrote:Depending on who your insurance is with, the pay in full and direct debit autopay discounts may beat any potential credit card rewards by a very wide margin.
Yeap, with Allstate I'm right at a 12% discount for PIF from a checking or savings account.
Other than the initial policy when I started, there is not even an option to pay with a CC unless I go monthly, which costs more.