[quote=davelj]
For me personally, a waste of time. Yeah, $900 for ten minutes’ work seems nice. (Although it’s probably more like a couple of hours when you factor in interpreting the fine print, calling the credit card company to be sure you understand it properly, setting up an online payment, etc.) But it’s not worth the brain space of keeping track of it. I’ve gotten all the same offers and never even considered it. But if you’re scraping along and $75/month of after-tax money is meaningful to you, then by all means, knock yourself out.
Regarding risk, I wouldn’t offer anyone credit who engaged in these silly games. Spend your time improving the value of your human capital, not trying to game the credit card companies for a few hundred bucks. You’ll earn more in the long term and won’t have these problems. But that’s just me. To each their own.[/quote]
If you do it the old school way of keeping it all in your head, then you might have a valid point. However, a lot of the banks these days have online bill pay. You can schedule all the payment for the next year and you don’t have to think about it again. I’m not scraping along but I’d take $75/month free a month any day. I guess some people are too rich to care about $75/month of free money and call it a silly game.
