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Thread: Miles, Points or Cashback ?
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Old Jun 3, 2013 | 3:00 pm
  #22  
redtop43
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Originally Posted by ChurnBabyChurn
6% of 6,000 is $360. How does that equal $895 in 2 years? Also, the fee is not waived, so the upside (long run) of the $360/year is really $285 after the annual fee.

What am I missing? It seems like with the $6,000 limit, this is basically peanuts, and you could do much better crushing the bonuses...

But, again, I imagine I'm missing something...
I'm not that familiar with the card, but I assume it is:

$250 signup bonus
$360 calendar year 2013 bonus (6000 x 6%)
$360 calendary year 2014 bonus before annual fee date
Less
$75 annual fee

equals $895
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