Before I was the doctor of credit card rewards, I used one Chase credit card for pretty much everything. With a typical credit card bill of $4,000 to $5,000 a month, I was rewarded with $40 or $50 worth of points every month and I thought that wasn’t bad.
Before I was the doctor of credit card rewards, I used one Chase credit card for pretty much everything. With a typical credit card bill of $4,000 to $5,000 a month, I was rewarded with $40 or $50 worth of points every month and I thought that wasn’t bad.
When I shopped at Amazon, I got triple the usual points, and there used to be some other perks, like using $250 worth of points for a flight worth up to $400. I knew the ins and outs of the one card’s benefits pretty well, and I did my best to get the most value I could for my points.
Since then, I’ve done much better. You should get at least 2 cents back in value on every dollar you spend on a credit card. You can do that with one no annual-fee card (Wells Fargo Active Cash Card — compare this card to others), and there are ways to get even more value with travel rewards redemptions and categorical spending on other cards we’ll discuss below.
I have acquired a number of different credit cards, of course, but I can easily meet the minimum spending requirements in a month or two, and when you have a system to track your cards, it’s not difficult to manage.And I’ve got just the thing you need.