I put everything I buy on my credit card...Then I pay it off every month and get $30-40 back in rewards each month. Using credit cards is smart if you do it right. Get a card with good rewards and pay it off every month. Set your own limit (like $1000) and leave the rest for emergencies.
devenson0613 (rep: 10) posted Mar 29, 2013
I have the best credit card bill - none at all. After a bankruptcy about 11 years ago I have learned to live on what I make and I simply don't have the cards any more. It is inconvenient at times but I have generally been able to make my debit card do what I need.
erick99 (rep: 33.7k) posted Mar 29, 2013
wow.. you guys are impressive. I have 4 credit cards right now only because I just cancelled my corporate one for switching jobs. I get at least $50, sometimes close to $75, $100 in rewards every month.
@praveensapkota, I use Chase Freedom most of the time for anything that falls under the 5%. Then I use my AMEX for everything else bc of free concierge service.
kffight3r (rep: 712) posted Mar 29, 2013
I charge virtually everything on 4 rewards cards, and auto-pay them in full every month so that I never pay a cent in interest or fees. Chase Freedom, Discover More, Chase Amazon Visa, and American Express TrueEarnings (Costco) are my favorite cards in that order. They all have no annual fees, though the last requires a Costo membership. I use whichever card gives the biggest reward for any particular transaction. My monthly credit card bills typically total $900 - $1300 per month, but can be quite a bit more at times like when I pay 6 months of insurance on 2 cars at once, or if I need vehicle repairs. It all goes on the cards except for rent & most utilities. The landlord doesn't take credit cards, and the utilities charge a surcharge for credit because they use a third-party payment processor.
fluffy (rep: 2.2k) posted Mar 29, 2013
I like to keep mine under $200 every month. I only charge gas with Chase free (Jan-Mar) and (Sept- Nov)for gas because of the 5% bonus rewards.https://www.dealsplus.com/pages/my_chase_freedom_bonus_rewards_experience/21646
Otherwise I am phasing out using credit cards and just using my bank card. We shouldn't be charging more that what we are able to pay every month.
lilywow (rep: 8.5k) posted Mar 30, 2013
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