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Yes, for everything that is free to do on CC, I do this. I figure if I don’t use a rewards card everything is 1-3% more expensive bc the cost of the business paying the CC fees is built into every price. If you pay cash/debit, you’re just paying more than me to subsidize me.
I also used to churn for bonuses, but that got exhausting.
I pay for almost everything with credit card, except for property tax, mortgage, HOA, and electric/gas. I pay the statement balances off every month. Typically have 3 cards that I use regularly for different benefits and maximizing benefits. Everything is auto pay so mostly, I never had to think about it.
Chief
Everything that doesn’t charge a fee, yes.
I would say a very high percentage of us are in this bucket!!
Conversation Starter
Wish I could pay rent with CC without the 4% fee the management company asks for!
Conversation Starter
No only ACH
People with credit cards don’t do this? You’d be missing out on the sweet sweet rewards
Chief
The Dave Ramsey types have a point—the convenience of a credit card probably causes most people to spend much more than they otherwise would. That being said, I still use CCs lol
I even pay my rent with CC. The leasing company charges 1.7% so I’m well ahead if I use a card with 2% cash back
Rising Star
Yes that’s what I do for ease of paying bills and charges . Great for points , but I hate seeing the large intro month balance
Yep! What I’ve done since I got my first credit card. You just need to have the mentality that your CC is a purchasing card you pay of every month
Yep - works pretty good if you’re disciplined. Recommend setting a strong budget before trying this though.
I do this but take it the extreme and pay off any balance on the card at least weekly so I mentally internalize the cash leaving my checking account.
Definitely plus I use my wife’s card for Amazon (5%) she uses my target card (5%) plus we have our regular cards which automatically are paid in full.
Pro
Hello, are you me? We have Amazon (5%), Target (5%), VS ($25 on every ~200 spend), Walmart (3%)...plus our regular cards. I clean out the balances before cycle end.
Always? Event rent goes on the American Airlines CC and paid in full monthly
Yep
I pay everything I can with a credit card. I have multiple cards to maximize the amount of points/rewards. I track the balance through Mint and make sure I stay within budget to pay it all off at the end of the month.
Yeah. Have a handful of cards all used for certain things. As long as you spend within your means it shouldn’t be an issue.
I think of my CC’s as debit cards. If I don’t have the money in my bank account I don’t spend it
Always. And optimize which card I’m using to earn the most rewards (e.g., groceries, gas, travel, dining, etc.)
Rising Star
I thought everyone did this. I just have an auto payment for my full balance in the due date.
Yes, use credit responsibly and live within your means