Comments on: Credit Card Rewards – Are They Really Worth It?

By: gary

gary — Thu, 27 Aug 2009 17:12:42 +0000

they no longer offer that….

By: Vacation Pictures.. and Post Roundup | Bible Money Matters

Vacation Pictures.. and Post Roundup | Bible Money Matters — Mon, 14 Jul 2008 14:47:57 +0000

[...] My post was featured on MSN Smart Spending this weekend: Credit Card Rewards – Are they really worth it? [...]

By: Carnival of Personal Finance - Time to Give Lots of Link Love! | Fix My Personal Finance

Mon, 14 Jul 2008 08:15:13 +0000

[...] Money Matters asks whether credit card rewards are really worth it. There are definitely a lot of gotchas with credit cards and it pays to watch [...]

By: Smart Spending

Smart Spending — Fri, 11 Jul 2008 22:45:49 +0000

Who really benefits from rewards credit cards?…

If you thought credit card companies offer rewards and cash back because they want to give you things, think again. Several bloggers were intrigued by a study in the July issue of Consumer Reports about how rewards programs work — in favor of the com…

By: Concert Ticket Inflation and Credit Card Rewards @ The Carnivals

Concert Ticket Inflation and Credit Card Rewards @ The Carnivals — Wed, 09 Jul 2008 21:05:48 +0000

[...] Credit Card Rewards – Are they really worth it? @ Bible Money Matters [...]

By: The Carnival of Personal Finance: American Flag Edition | Mighty Bargain Hunter

Mon, 07 Jul 2008 06:55:40 +0000

[...] Money Matters asks whether credit card rewards are really worth it. There are definitely a lot of gotchas with credit cards and it pays to watch [...]

By: Frank

Frank — Wed, 02 Jul 2008 21:28:24 +0000

@Matt – I also take advantage of the Chase Awards. Did you know that if you wait until your rewards equal $200, they are supposed to add an additional $50 to your account?

By: Peter

Peter — Wed, 02 Jul 2008 20:21:54 +0000

I like that idea – put the chips down – and voila! you have $3 cash back! haha..

By: GFish

GFish — Wed, 02 Jul 2008 20:20:14 +0000

We’ve used cash back cards for the last several years (always paying off our balances). I’ve probably taken $1,000 from credit card companies over the last 8 years in the form of cash back without ever paying a dime in interest.

But this year I closed my Discover and Chase Rewards cards. Something about Dave Ramsey screaming in my ears “if you play with snakes, you ARE going to get bit” just keeps resonating with me.

Next time I’m at the grocery store with $100 of groceries, I think I’ll just put back one of those $3 bag of chips, and call that my 3% cash back!! I definitely don’t “need” the chips.

By: Peter

Peter — Wed, 02 Jul 2008 16:25:07 +0000

Thanks Jeff!