Comments on: Free Money 2005

By: FMF

FMF — Sat, 31 Dec 2005 04:07:06 +0000

How about adding in other “free money” like 401k matches?

By: jim

jim — Sat, 31 Dec 2005 02:57:07 +0000

I’m going to send everyone who ever said “oh those credit card reward programs don’t ever amount to anything, it’s such a waste of time” to this post.

And the IRS of course.

By: nickel

nickel — Fri, 30 Dec 2005 23:33:56 +0000

Two of the cards (AT&T and Dividend Platinum) gave me about two or three months (both of them had $300 limits). But then they were still 5% off ‘everyday’ purchases, so I racked up everything I could, then relegated them to groceries and gas while I used the Driver’s Edge for everything else. The latter card (Driver’s Edge) had a 9 month promo, so I had until October to cash it in. On top of that, the reward limit on that one was the highest — initially $500/year, but that was bumped to $1000/year in the spring.

By: Jeremy

Jeremy — Fri, 30 Dec 2005 23:09:07 +0000

Not bad. I guess it pays to use Citi. Just curious… How long was the 5% back on everything promotion? Did they give you a long window?

I recently posted a comparison of cash back credit cards, but perhaps a back up Citi card (up to the $300 rebate limit) would be, well, rewarding.

Thanks for the info. It just shows what’s possible with a little effort.

By: nickel

nickel — Fri, 30 Dec 2005 14:54:15 +0000

I don’t think there’s anyway that I’ll come close to this in 2006. For one thing, the promotional reward card offers this year are nothing like they were fall a year ago.

By: FMF

FMF — Fri, 30 Dec 2005 14:47:47 +0000

Now — to see if you can beat that in 2006!!!!