Driver’s Edge Rebate Arrived
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FacebookOur Citi Driver’s Edge reward check arrived this past weekend. In the end, we were able to cash in roughly $925 in rewards simply by faxing in a copy of the bill of sale from our new Honda CR-V. Not too bad for using our credit card as we otherwise would have. As it turns out, they cut the check for the reward balance as of when they received our request, as opposed to cashing out the balance as of the date of the sale. Thus, we ended up getting a bit more than expected. Gotta love those 5% cash back promos! Now if I could only find an equally juicy deal for the upcoming year.
Published on November 28th, 2005 - 9 Comments
Filed under: Credit Cards
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About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
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Let me get this straight. Did you pay for your car with your credit-card?
Comment by The Real Returns — Nov 28th 2005 @ 1:47 pmNo, you earn rewards for using the card, and can then cash them in when you pay for automotive service or buy a car. In my case, I had a promo deal where I was earning 5% of *every* purchase for the first nine months (capped at $1000 for the year). When we bought our car, we had $800-something in rewards built up. But by the time I actually faxed in the paperwork, we had earned additional rewards, bringing our total to $925ish. So they cut us a check for that amount. You don’t actually have to pay for the car with the credit card. It’s just a gimmick to get people to use their card.
That’s a lot of reward dollars… high roller nickel!
Comment by jim — Nov 28th 2005 @ 4:26 pm$18,500*0.05 = $925. Did you spend $18k in 9 months? Unless I pay my monthly mortgage payment using my credit card or pay my car in full with my card, I cannot spend $18k in 9 months. Fill me in Nickel.
Comment by The Real Returns — Nov 28th 2005 @ 4:34 pmWell, that includes over $4500 in dental and orthodontist bills plus a decent amount of work-related expenses for which I was later reimbursed. And we’re a family of six, so our expenses are considerably higher than the typical twenty-something.
You need to brush your teeth more.
Comment by jim — Nov 29th 2005 @ 8:05 amUnfortunately, brushing doesn’t remove your wisdom teeth. Nor does it correct orthodontic problems.
Yeah, I had a pair of wisdom teeth pulled two weeks ago and it was rough… hope I won’t have to deal with any dental insurance issues like you did, such a pain…
Comment by jim — Nov 29th 2005 @ 1:58 pmWhile not as nice an offer, when my wife and I were purchasing her recent car, we were able to work into our deal that we would put a large amount of the down payment on our individual credit cards. While the finance guy didn’t like this, it got us both that much closer to reaching the $300/year limit on our Citibank Platinum Reward cards.
Neo
Comment by Neo — Dec 8th 2005 @ 11:28 pm