Credit Card Rewards
Got a credit card? Chances are it has some sort of reward system. Mine is a point a dollar sort of deal with the occasional multipoint opportunities from certain merchants, which tends to be standard.
I was perusing my rewards yesterday and noticed some incongruities. In general 100 Reward Points equates to $1, for example a $100 Amazon Gift Card for 10,000 points. As I moved toward the higher end awards, I found a few odd things:
An Xbox 360 Pro Bundle for 82,250 points. Using the formula I mentioned previously this equates to $822.50. So you could spend 40,000 points for 4 $100 Amazon Gift Certificates and have a little bit of cash left over, or you could spend more than twice the amount…
They weren’t all crappy deals, in fact I did see one nice one: an “Unrestricted Round Trip Ticket, Any Class, Any Destination (Max Value $325)” for 25k points. Of course there were no details on the page and you actually have to call them to book it, but even with all that it seems like a fairly decent deal.
And of course to be topical I’ll mention one last reward:
Chase Mortgage Bucks – trade in 15k points and they will put $150 towards your next mortgage Payment.
Anyone else seen any rewards (good or bad) worth mentioning?
Lastly, I just finished watching The Rocker. Very enjoyable little flick, couple of great lines including:
Loads of bands use drum loops.
Loads of elevators use Celine Dion music, doesn’t make it right.