Often, if using your credit card means incurring a fee, it's better to pay another way. Why spend more than you need to? But in some cases, the fee might be outweighed by rewards.
That was the case for 29-year-old Keith Rosso, who recently used a credit card to buy a Tesla Model 3 with his wife Liz for a total of $58,857, including taxes and fees....................................
Talk about using rewards points to your advantage. This type of transaction would make me super nervous but more power to this guy!
Dude had enough expendable income to purchase a 60K car in cash but only had a 37K limit on a Chase business card? Phht. He needs to spend some time 'round these parts. 
@MakingProgress wrote:Often, if using your credit card means incurring a fee, it's better to pay another way. Why spend more than you need to? But in some cases, the fee might be outweighed by rewards.
That was the case for 29-year-old Keith Rosso, who recently used a credit card to buy a Tesla Model 3 with his wife Liz for a total of $58,857, including taxes and fees....................................
I am highly skeptical that this guy got a $5000 benefit out of buying the car this way.
If the rewards outweigh the taxes and fees, go for it! I would never do this, though. LOL.
@iv.... So, best case with his given numbers is $3,529 profit, worst case is $1,177 (at a basic 1.5cpp rate).
And not surprisingly, right after this article hit the news, Chase cut off the bug he used (Plastiq payments counting at 3X points on the Ink Business Preferred). I'm guessed he pissed off a lot of Plastiq+Chase abusers...
Still. 3,500 or 1,200 -- I'd do it. I never like leaving money on the table if all it takes is a little creativity or elbow grease.
I think that's hilarious! Chase was on that like stink on shi*. LOL Moral of the story? Keep your stupid mouth shut and don't try and act like a cool guy to the press.
@Asilomar wrote:
@iv.... So, best case with his given numbers is $3,529 profit, worst case is $1,177 (at a basic 1.5cpp rate).
And not surprisingly, right after this article hit the news, Chase cut off the bug he used (Plastiq payments counting at 3X points on the Ink Business Preferred). I'm guessed he pissed off a lot of Plastiq+Chase abusers...
Still. 3,500 or 1,200 -- I'd do it. I never like leaving money on the table if all it takes is a little creativity or elbow grease.
I think that's hilarious! Chase was on that like stink on shi*. LOL Moral of the story? Keep your stupid mouth shut and don't try and act like a cool guy to the press.
LOL. 