Vanilla Reloads Are Dead: What Now?

DSCF3121As many of you know, CVS stores recently decided to stop allowing customers to buy Vanilla Reloads with a credit card.  At first, I was disappointed because I literally have eight CVS stores within 5 minutes of my house, and all of them were Vanilla Reload goldmines.  On the other hand, life goes on.  Most good things do come to an end, and the fact that some people were buying 5K per day probably wasn’t helping matters.  The good thing is, I was only using Vanilla Reloads to meet the minimum spending requirement on a specific card.  Now that that’s done, I couldn’t care less about Vanilla Reloads.  Here’s why:  [Read more...]

Using Vanilla Reloads for Credit Card Rewards

what not to doAs many of you know, we’re always on the lookout for ways to pursue credit card rewards.  And so far this year, things have gone well.  We’ve signed up for three Southwest Rapid Rewards cards and a Citi AAdvantage MasterCard so far and have hit the minimum spending requirements easily due to our recent home remodel.  But I had a problem, a first world problem.  I really wanted to earn the Southwest Rapid Rewards Companion pass, but I couldn’t come up with a very good strategy for doing so.  Let me explain. [Read more...]

Credit Card Rewards: Creative Ways to Earn Miles and Points

credit card rewards ccGood morning, peeps.  We’re enjoying our time in Jamaica.  Please enjoy this guest post from Elroy McGregor who blogs at Moi and Money.

First and foremost, let me say that no one saves money by pursuing credit card rewards.  You can save a lot more money by skipping the travel altogether and staying at home. [Read more...]

Rewards with less than Perfect Credit

credit card rewards ccAll of us want excellent credit, but the reality is not all of us do.  However, imperfect credit shouldn’t mean you miss out on deals that can save you money.  Rewards credit cards are one of the best ways you can save money. You see them on TV advertising cash for travel or gifts just from your everyday spending. The rewards are real, and you can save hundreds of dollars per year with the right credit card.  But you don’t have to have perfect credit to take advantage of them. In fact, there are numbers to prove it. [Read more...]

Credit Card Rewards: What I’m Working On

remodel sinkGood morning, Club Thrifty enthusiasts!  A lot of you have emailed to ask where in the hell I’ve been.  Welp, since you asked, I’ve just been busy getting our new house ready to move into.  Greg and I have painted the whole friggin’ thing over the past few weeks, as well as done a bunch of the prep work for the professionals who are currently installing our new floors and plumbing. [Read more...]

Does Pursuing Credit Card Rewards Hurt Your Credit?

I Heart Credit Cards

I Heart Credit Cards

I have a confession to make.  I’m shameless in my pursuit of credit card rewards.  I know what you’re thinking.  I’m selfish.  I’m careless.  I’m out for myself.

If you happen to be thinking any of those things, I want you to know that you’re totally correct.  It’s true.

I have zero love for the big banks who dole out ridiculous sign-up offers and incentives.  After all, would Chase or Citibank piss on me if I was on fire?  Would Bank of America help me out if I were in trouble?  Would American Express show mercy on me if I was having trouble paying my bills?  Doubtful.  Also, I think it’s important to keep in mind that they don’t offer rewards out of the kindness of their hearts.  They’re actually trying to trick us.  They want to lure us in, get us to spend more than we planned, and pay interest to them for the rest of eternity.

Therefore, I don’t feel bad at all when I take advantage of their generous offers without paying annual fees or a cent of interest.  Not one bit. [Read more...]