|
|
|
Post Reply |
|
Thread Tools | Search this Thread |
02-17-2018, 12:26 AM | #1 |
Major General
3046
Rep 6,089
Posts |
So I've been lazy and always use my credit card at the gas station even though they charge 10 cents more per gallon with credit. Turns out I was getting gas cheaper with the card because I get 3 percent cash back and another 75 percent bonus cash back on top of that. So if a gallon of premium costs $3.49 cash and 3.59 credit I get an effective price of $3.40 after cash back which is almost 10 cents cheaper than the cash price!
|
02-17-2018, 06:16 AM | #2 |
Major
660
Rep 1,118
Posts |
Using a credit card for purchases when you can pay it off each month, in lieu of cash, is s smart way to manage your finances. The caveat is that you have to pay it off, or you will paying a lot more for your purchases.
We use the credit card to maintain a budget. I enjoy getting the emails from Visa to track our purchases and keep up to date monthly spreadsheets. |
Appreciate
1
wdb5028.00 |
02-19-2018, 09:20 AM | #3 |
Major
754
Rep 1,247
Posts |
Yeah, I thought this was credit card 101.
But it's funny that people rave about how much they're getting back from credit card rewards. There is pretty much a flat 3% increase on all goods across the US b/c of credit card fees. Every time that your card is swiped the fee is ~3%. This cost was already passed on to us a long time ago. |
Appreciate
0
|
02-19-2018, 09:58 AM | #4 | |
Major General
3046
Rep 6,089
Posts |
Quote:
|
|
Appreciate
0
|
02-19-2018, 10:13 AM | #5 | |
Major
754
Rep 1,247
Posts |
Quote:
|
|
Appreciate
0
|
02-19-2018, 11:43 AM | #8 |
Major
754
Rep 1,247
Posts |
|
Appreciate
2
wdb5028.00 MalibuBimmer964.50 |
02-19-2018, 11:51 AM | #9 |
Private
45
Rep 58
Posts |
Your taxes are nowhere as high as ours though. Europe is definitely not where you want to live when it comes to cars. I pay a little under 3k euros yearly just for road taxes. First time registration was over 10k
Last edited by Ktmdude; 02-19-2018 at 12:02 PM.. |
Appreciate
0
|
02-19-2018, 12:05 PM | #10 | |
Major
754
Rep 1,247
Posts |
Quote:
Tuition, medical, etc. Also, your roads don't have 12 inch wide potholes that don't get fixed for 6+ months. Also, most of your bridges aren't falling apart and are ticking time bombs. You also don't have subways that look like they're from the 1960's (they are). |
|
Appreciate
1
MalibuBimmer964.50 |
02-19-2018, 12:10 PM | #11 | |
Private
45
Rep 58
Posts |
Quote:
|
|
Appreciate
0
|
02-19-2018, 12:12 PM | #12 |
Brigadier General
1203
Rep 4,108
Posts
Drives: 330i, 135i
Join Date: Feb 2006
Location: San Diego CA
|
I just got approved for discover it card and I will start using it for gas and groceries. they offer 5% cash back not only that, they advertise that they will double my cashback at the end of year... no limit..
Gas its getting expensive again. We need to be wise about it. |
Appreciate
0
|
02-20-2018, 01:44 AM | #13 | |
Major General
3046
Rep 6,089
Posts |
Quote:
|
|
Appreciate
1
GoRomeo1203.00 |
02-22-2018, 07:14 AM | #16 | |
Captain
150
Rep 672
Posts |
Quote:
|
|
Appreciate
0
|
02-22-2018, 08:12 AM | #17 |
Colonel
1276
Rep 2,962
Posts |
I use my Amex blue to buy a gas station gift card at the grocery store and get 6% back.
__________________
2015 335i Msport/6 JB4/EWG/E30/VRSF DP/ER CP/ VRSF Race Exhaust/ Injen Intake/Verde Axis 19x8.5/9.5 245/35/275/30 Conti Extreme CS/ H&R Sports / Motorsport Hardware Stud Conversion
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|