Originally Posted by
gtu2004
question, what if we have the ink bold and we just get visa prepaid at an office supply store, netting 5% back, and use WP at 2.95%, we would come out ahead by 2.05%, and achieve a good chunk of any spending requirement, no? Might even be worth going forward with considering that it's a 2.05% savings to the rent.
Originally Posted by
Frequent Miler
You didn't calculate in the cost of the reload card (.8%), but your point is still correct.
dont forget opportunity cost, keep in mind if you have any other rewards card, you will at least get 1mile/point, for simplicty 1% back (maybe more with other means,promos, but for this purpose keep it simple)
So with Bold it is 4%
more -2.95%fee -0.8%reload fee = 0.25% more than using any other card
If you are grandfathered, 0.75%.
$50K will net you $375.