Originally Posted by
Gig103
I'm curious....
I always pay my electric bill from my bank, because there's a fixed $1.90 fee for using credit. As I start to think about maximizing MRs, and my electric bill being $240 this month (yay Arizona summer + a Tesla to charge at night), would you pay the surcharge to earn the MRs? What's your break even point? Do you go by the flat > 1% rule? Do you use TPG's valuation of ~1.8 cents per MR?
If you are willing to branch out to earning cash back, the US Bank Cash+ card allows you to choose utilities as one of your 5% back categories. It looks like your utility bills are high enough that it might be worth considering. The utilities category also includes natural gas service, water, and trash pick-up companies.