Re: NFC.Credit card BS
From: Brian E. Buxton (BrianBuxtonBuxtonMotorsports.com)
Date: Fri, 15 May 2009 17:09:12 -0700 (PDT)
One of the main cards I use for my biz is a Merrill Lynch WCMA VISA. You basically get a point for every $1 you spend. You can request gift certificates to steakhouses, gas cards for hell, airline tickets, etc. in exchange for points, but you can also exchange points for diamond earrings, golf clubs, Bang & Olufsen stereo systems, etc. I think one year for 1 million points you could get a Range Rover. All you had to do was pay sales tax on the value. I also use marriott VISA where I can stay free at Marriotts. 1 point for $1 spent everywhere but Marriott, and at a Marriott resort, hotel or owned restaurant it's 3 points for every dollar.

Brian



Matt Boyd wrote:

The credit cards still make enough $$ off transactions to afford to
pay good rewards. Changing topics, what are the best reward cards out
there? Here's what I do:

I have a Pentagon Federal Credit Union Visa card that gives 5% back on
all pay-at-the-pump purchases (no limits), and I believe 2% on
everything else. I also use an American Express for all travel or
restaurant expenses or at Costco as it gives 3% on all those
purchases, but I have to wait for a yearly check from AMEX that I then
have to bring to Costco, but you can cash it on and get green bills as
your rebate (you don't have to USE it at Costco).

Are there other good rewards options out there? I really like the pure
cash back rewards instead of travel perks and such.

-matt
'85 euro 308....top off commuting today...

On Thu, May 14, 2009 at 9:50 PM, Charles Perry
<charles [at] carolina-sound.com> wrote:
Erik didn't say that you had to PAY cash, he just said you had to be
ABLE to pay cash.

-- charles



-----Original Message-----
From: LtWacko [mailto:ltwacko [at] aol.com]
Sent: Thursday, May 14, 2009 8:47 PM
To: Charles Perry
Cc: The FerrariList
Subject: Re: [Ferrari] NFC.Credit card BS

Isn't paying off the balances every month AND collecting my rebates
"better" than paying cash?  I get about $60 a month and never pay a
finance charge/interest.

Rodney



In a message dated 05/14/09 19:38:41 Central Daylight Time,
judge4re [at] gmail.com writes:
If you can't pay cash for it, you don't need it.  Period.

On Thu, May 14, 2009 at 7:29 PM, LtWacko <ltwacko [at] aol.com> wrote:

Sigh.

Rodney
Paying off CC balances every month and using rewards...
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Brian E. Buxton, President



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