Comments on: Will Chasing Credit Card Rewards Hurt My Credit Score?

By: Aaron

Aaron — Thu, 27 Oct 2016 20:54:57 +0000

In reply to Liz. I'm not too keen either about having more than one rewards card. Too much to keep track of, though the rewards points and a free trip would make it worthwhile.

By: Aaron

Aaron — Thu, 27 Oct 2016 20:53:32 +0000

In reply to Stephen. That sounds like a great tax write-off too.

By: Aaron

Aaron — Thu, 27 Oct 2016 20:52:33 +0000

In reply to Mustard Seed Money. Sounds like a smart plan to travel the world as soon as you can with a child and credit card points to pay for it!

By: Stephen

Stephen — Tue, 25 Oct 2016 17:46:50 +0000

I do pay for a rewards card, but I have to travel for work which really makes up for it in the additional extra points when I spend >10k/year on travel

By: Mustard Seed Money

Mustard Seed Money — Tue, 25 Oct 2016 00:58:46 +0000

I have a one year old right now but when my wife and I feel comfortable with him not running up and down the plane screaming we plan to travel the world. I definitely plan to use points in order to travel hack and really appreciate your insight with credit cards. Thanks for sharing!!!

By: Liz

Liz — Sat, 22 Oct 2016 00:04:34 +0000

I’d stick to my one credit card and wouldn’t get another one, and grabbing its offers will still depend on my needs. Probably I’d get another one if the rewards and services are greater, but I’d have to cut the previous card.

By: Aaron

Aaron — Mon, 17 Oct 2016 15:16:26 +0000

In reply to Money Beagle. I agree, but up to a point. For me, the $100 annual fee for our rewards card is worthwhile in a free annual hotel stay. The annual fee easily makes the room half price. But for the most part, I agree with you and avoid annual fees as often as possible.

By: Money Beagle

Money Beagle — Mon, 17 Oct 2016 14:50:29 +0000

One thing I’ll never do is pay for a rewards card. I know that you can often get a better reward rate and eventually ‘make back’ the money you put in, but I still won’t do it. There are too many companies out there that will appreciate my business.