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Old Jan 1, 2014, 2:05 pm
  #166  
greggarious
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Join Date: Sep 2013
Posts: 817
Originally Posted by silver6054
Well, a common thing to do is to use BB to pay the credit card. Some are wary of doing that with an Amex credit card (as it is Amex to Amex) but many report no issue.

The problem with doing only $5k a month is that the returns aren't that great (more like $210 a month after the fees), and with this card you have to "waste" some rewards on the initial $6,500, getting 0.5%/1% where you could be getting 1.5% or more, depending on your other cards. And most of the risk of being shut down is still there with this level of spending.

On the other hand, if this card is useful for 5% on real groceries and gas, then you can view the extra $210 per month as a good perk!
My yearly expenses for gas an groceries are ~6500 so anything above that is gravy.
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