Originally Posted by
tal32drew
I'm moving into a new apartment and have the option to pay my rent with credit card. I'm considering paying using my Chase BA Visa...
43.5 weeks * 620/wk = 26970 total rent
1.1% fee = 296.67
43.5 * $2/transaction fee = 87
383.67 in total fees
27353.67 * 1.25 = 34192 BA miles
More importantly, this extra spend would guarantee I reach $30,000 this calendar year and earn a 241 award ticket (otherwise my spend would only be around 15k).
Does my math look right? Is this worth it?
Thanks!
Fee-wise, its a bit much - BUT, because you're reaching a CC spending threshold, it certainly doesn't seem prohibitive.