Does anyone have this card, I think it's a pretty good deal.
It gives you 1% on all purchases, 2% on groceries, and 3% on Gas.
If you keep $50K combined in your checking / savings they give you a 50% bonus on that, which makes it 1.5% / 3% and 4.5%.
I spend about $10k a month (I use my card for work travel) and got a $1000 rebate this quarter. A $4k return on $50K in a year is pretty damn good, especially for how low risk it is.
And I think because it is a rebate (giving you money back you spent) you don't have to pay taxes on it. Can any of you CPA types tell me if that's right?
It gives you 1% on all purchases, 2% on groceries, and 3% on Gas.
If you keep $50K combined in your checking / savings they give you a 50% bonus on that, which makes it 1.5% / 3% and 4.5%.
I spend about $10k a month (I use my card for work travel) and got a $1000 rebate this quarter. A $4k return on $50K in a year is pretty damn good, especially for how low risk it is.
And I think because it is a rebate (giving you money back you spent) you don't have to pay taxes on it. Can any of you CPA types tell me if that's right?