People say that you use credit cards for rewards you’ll get burned.  That many people never redeem their rewards.  What is the actual value of the redeemed rewards?  What’s the purpose?
Well on one of our cards, I just redeemed $273 in cash and applied it to the balance of the card.  This our primary credit [...]

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In 2008 we as usual had large tuition bills. We also got a new credit card the Citibank CashBack Rewards, which gave us 5% cash back for the first 3 months, then 1% on everything ever after. So how’d we do for 2008?

Driver’s Edge – $297.32
Citibank Cash Rewards – $974.52
American Express – $135.85
Citibank [...]

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Now, let me preface by saying Credit Cards are like Guns, in the wrong hands they can do tremendous damage, but properly learned and used they are invaluable. 
Why Gas?  Well you have to buy it anyway so you might as well save 5% on the purchase.  Will you really change your driving habits because it’s [...]

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