Originally Posted by gregorygrady
But now you're out $20,000.
I'd rather have 20K SPG points and $20K dollars than 20K SPG points and $0.
BTW, you actually do get interest if you sock your money away in the Ameritrade Money Market Fund, ~4.1% currently.........
You're not OUT $20 000. It works well if you already spend that much as it is, only putting it to your free card. You're getting the points as a result of your annual consumption.
Interesting on the interest rate, not such a bad deal after all. Amazing what we do fo rpoints
