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      11-01-2007, 03:49 AM   #23
John 070
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Drives: 335i cpe
Join Date: Oct 2006
Location: ZSP/ZPP/ZCW

Posts: 11,424
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The simplest way to put it is use a rewards card when you don't carry a balance (never carry a balance on a cc). Use the rewards card that actually gives you cash, not something you don't need, like a gift certificate or BMW.

Again, I suspect people like the roundel on their cc and flashing it. Because of that, they don't scrutinize the rewards schedule. 1% CASH (a true cash back, not some bogus tiered system) is better than 5% towards a toaster, or BMW. I'm simply astounded when someone says they send 20 grand through a BMW credit card. Amex and Citi have cards that will do a businessman much better. But it's a free market and that roundel is worth gold.
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