Time-Shifting Your Credit Card Purchases to Maximize Rewards
A few months ago, I provided some tips for maximizing your credit card rewards. I then promptly forgot to take my own advice about labeling our cards for the current quarter. As such, my wife (who does the bulk of our grocery shopping) has continued to put these purchases on our Platinum Delta SkyMiles Credit Card from American Express instead of our Chase Freedom card. With the Chase Freedom card you need to remember to enroll each quarter to earn in the 5% cash back bonus categories that change every quarter and there is a quarterly maximum spend limit.
Yes, we’ve still been earning rewards but, if we had used the Chase card for our grocery purchases, when groceries were in the bonus categories we could’ve received 5% cash back up to the quarterly spend limit. Bummer…
Categories: Credit Cards