cancel
Showing results for 
Search instead for 
Did you mean: 

Paying for rent w/ CC...frowned upon or o.k.?

tag
CreditCuriosity
Moderator Emeritus

Re: Paying for rent w/ CC...frowned upon or o.k.?

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  

Message 41 of 78
angelcred10
Regular Contributor

Re: Paying for rent w/ CC...frowned upon or o.k.?


@longtimelurker wrote:

@angelcred10 wrote:

Mine charges a $20 Fee..

My Citi Double Cash is 1+1 so it actually evens exactly.. almost not worth it for myself.

 

1085 total = about $21 back so I make a lousy dollar haha


But that's a $1 EVERY month, so in just 80 years you will have nearly $1000!   Think what $1000 will buy in 2095!


maybe a hover board! Smiley WinkSmiley LOL

Starting Score: 635 Current Score: 659 Discover Pull
Goal Score:720s
Tried to use Images but it was all Wibbly, Wobbly, and Timey-Wimey.
Message 42 of 78
Anonymous
Not applicable

Re: Paying for rent w/ CC...frowned upon or o.k.?


@angelcred10 wrote:

@longtimelurker wrote:

@angelcred10 wrote:

Mine charges a $20 Fee..

My Citi Double Cash is 1+1 so it actually evens exactly.. almost not worth it for myself.

 

1085 total = about $21 back so I make a lousy dollar haha


But that's a $1 EVERY month, so in just 80 years you will have nearly $1000!   Think what $1000 will buy in 2095!


maybe a hover board! Smiley WinkSmiley LOL


You'll be lucky to get a candy bar for $1,000 in 80 years.

Message 43 of 78
mongstradamus
Super Contributor

Re: Paying for rent w/ CC...frowned upon or o.k.?


@CreditCuriousity wrote:

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  


using CSP for cash isn't the best usage :-(  



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 44 of 78
CreditCuriosity
Moderator Emeritus

Re: Paying for rent w/ CC...frowned upon or o.k.?


@mongstradamus wrote:

@CreditCuriousity wrote:

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  


using CSP for cash isn't the best usage :-(  


I didnt mean cash equiv.  I meant UR points, but hopefully you get my point.. I will be using it for airline ticket..  I was just trying to simplify itSmiley Happy

Message 45 of 78
longtimelurker
Epic Contributor

Re: Paying for rent w/ CC...frowned upon or o.k.?


@CreditCuriousity wrote:

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  


For quickly meeting min spend for those not wanting to do other things, this is fine.

Message 46 of 78
mongstradamus
Super Contributor

Re: Paying for rent w/ CC...frowned upon or o.k.?


@CreditCuriousity wrote:

@mongstradamus wrote:

@CreditCuriousity wrote:

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  


using CSP for cash isn't the best usage :-(  


I didnt mean cash equiv.  I meant UR points, but hopefully you get my point.. I will be using it for airline ticket..  I was just trying to simplify itSmiley Happy


Ok :-) makes me smh IRL when people use mr or ur for cash or statement credit. Its not as bad with chase but still not optimal usage!!



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 47 of 78
CreditCuriosity
Moderator Emeritus

Re: Paying for rent w/ CC...frowned upon or o.k.?


@longtimelurker wrote:

@CreditCuriousity wrote:

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  


For quickly meeting min spend for those not wanting to do other things, this is fine.


Ok just wanted to make sure I wasn't missing anything...   

Message 48 of 78
Anonymous
Not applicable

Re: Paying for rent w/ CC...frowned upon or o.k.?


@mongstradamus wrote:

@CreditCuriousity wrote:

@mongstradamus wrote:

@CreditCuriousity wrote:

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  


using CSP for cash isn't the best usage :-(  


I didnt mean cash equiv.  I meant UR points, but hopefully you get my point.. I will be using it for airline ticket..  I was just trying to simplify itSmiley Happy


Ok :-) makes me smh IRL when people use mr or ur for cash or statement credit. Its not as bad with chase but still not optimal usage!!


Chase UR for statement credit isn't anywhere near as bad as MR for statement credit.

Message 49 of 78
mongstradamus
Super Contributor

Re: Paying for rent w/ CC...frowned upon or o.k.?


@Anonymous wrote:

@mongstradamus wrote:

@CreditCuriousity wrote:

@mongstradamus wrote:

@CreditCuriousity wrote:

well 3% of 1500 for two month = 90 dollars vs. 500 in CSP sign up bonus so net around $410 still sounds good to me..  Missing something?  I can meet the min. spend, but might be doing to Min spends at the same time and becomes a bit tougher is all..  


using CSP for cash isn't the best usage :-(  


I didnt mean cash equiv.  I meant UR points, but hopefully you get my point.. I will be using it for airline ticket..  I was just trying to simplify itSmiley Happy


Ok :-) makes me smh IRL when people use mr or ur for cash or statement credit. Its not as bad with chase but still not optimal usage!!


Chase UR for statement credit isn't anywhere near as bad as MR for statement credit.


that is why i said its not as bad with chase but if you have csp you shouldn't be using it for cash imo . Give me those 50k points i could find an nice way to use them !!



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 50 of 78
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.