In case anyone doesn't know, the Chase Freedom card is pretty sweet. You get 3% cash back on all purchases in your top 3 categories (which admittedly I don't usually get much this way because the categories are kinda not what I spend money on), and 1% cash back on everything else. You can cash in at increments of $50.. or you can wait until your rewards balance gets up to $200, at which time they'll send you a check for $250. That's 50 free dollars, which translates as two lapdances, including tip (or maybe just the tip)!



... You could also think of it as 1.25% cash back, but I like to think "free dollars" :-P
That ain't bad...I have a Citibank card that gets 4% on gas and grocery purchases plus 1% on everything else but I don't get any bonus bucks
You are welcome, Matt.



So, I have revolving credit cards because I max out the rewards for some, or they have different periods of extra moneys back. Well, discover pretty much shafted me with a max of $20 cash back for the quarter. They advertised as 5% on gas purchases. I max that out in like 2 weeks, and was pretty pissed.



Also, if you spend a rediculous amount of money, American Express blue cash was offering 6% after you get to $5,000.



I'll have to check on the citi bank card, b/c last I checked mine was at ~1.5% for everyhthing. If they are offering 4% on gas I need to get in on that.



500miles/week * 1gal/13miles * $4.00/gal * 4weeks/month = $615.385/month



$615.385 * 4% = $24.615/month in savings



admin hax: fixed that for you. if we didn't have complete and thorough dimensional analysis, where would we be?
thanks for the fix, matt..





i'm huge
My AMEX is similar to steven's although you have to spend over $6500 and then you get 5% back on your groceries, gas, etc..



I just read bhicks post which says the same thing. I guess I do spend ridiculous amounts of money
well, I think I avg'd it out at one point, and it came to be ~3% cash back at the end of the year based on my expenditures. amex just does more towards the end, and chase does it evenly. If you spend enough, you could eventually get more than 3%, which would be the best case scenario.