Quote:
Originally Posted by disneysteve
maat, our CC charges for 2007 totaled $40,451.45, so average of about $3,370/month. When you are charging that kind of money, those credit card rewards get to be significant, so managing them becomes important. I'd say last year we earned about $900 in rewards.
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I can, between my personal and business expenses, get to around 3,000 per month. I was told on another forum that I could move my 10k EF over to a Countrywide high yield account at 3.55% and open a visa through them that pays 2% on all purchases. I should be able to pay my mortgage on this card I hope. The earnings are deposited into my HY savings account.
Do you think this is a good deal?