So I pay attention to which credit cards pay which incentive and try to use the right card at the right time. I pay off all my balances each month. However, I'm an accountant and I started going back and actually calculating the fees. One card promises 5% back on gas and 2% back on groceries (up to an annual limit) but has never actually paid that... it's only paid 4% and 1% respectively. I complained (and although they've told me they are investigating, that is all I've heard). So I looked at another card that promises 5% back on gas. It's paying 4%. I haven't looked at my other cards, and the actual amount of money is small - if they promise to pay 5% up to $3,000 of purchases and are really paying 4% then that's $30 a year. Immaterial in a dollar sense... but misleading. Thoughts?
Submitted April 29, 2018 at 09:50AM by Kituku https://ift.tt/2r7ZJPV
