They're making bank on the people who carry a balance month to month.

Oct 23, 2018
3:11:54pm

bluecheese All-American

People that pay the bill completely each month don't bother them, because they earn big $$$ from those who don't pay the entire thing each month.

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bluecheese

Previous username: Speculum
Bio page: bluecheese
Joined: Dec 14, 2004
Last login: May 3, 2024
Total posts: 14,128 (33 FO)

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Messages

Author

Time

Question for all of the cb travel hackers:

GRCoug

10/23/18 2:58pm

People take business trips, pay with their own mileage credit cards, then get

Hinta

10/23/18 3:05pm

I have a companion pass, combined with points it will save me around $3200 in

coug almighty

10/23/18 3:05pm

I use my Capital One card for frequent flier miles.

bluecheese

10/23/18 3:08pm

Chase may make lots of money, but they have lost about $10,000 on my family.

dYrtbYkerYder

10/23/18 3:09pm

They're making bank on the people who carry a balance month to month.

bluecheese

10/23/18 3:11pm

And they charge merchants, so they at least break even on you.

CougarMandias

10/23/18 3:18pm

Stick to your budget and only sign up for cards you will hit the bonus with....

FrontLineFan

10/23/18 3:14pm

I am a fan of churning cards

donnerstag

10/23/18 3:16pm

Don't forget the merchant charges. This is where they can still make money.

buckeyeod

10/23/18 3:21pm

My wife and I each churn through about 10-12 cards a year. After a few years

FrontLineFan

10/23/18 3:25pm

You should be doing #2 whether or not you’re in it for the points

Mike Honcho

10/23/18 3:21pm

I have taken trips that I wouldn't normally have taken.

winchel

10/23/18 3:27pm

Exactly. I feel like we travel like people who make high six figures.

FrontLineFan

10/23/18 3:34pm

Having a kid on college sure helps. We've take advantage of few programs

mudpupper

10/23/18 3:40pm

I'm not a hardcore travel hacker, but the way I do it. If I have a big purchase

BYUFootballisBack

10/23/18 3:46pm

So far I have used my miles for overseas trips only.

mncstr

10/23/18 4:29pm

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