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In all the years I have covered personal finance I have been in awe of the obsession some folks have with maximizing credit-card points. It's an insane form of financial chess for which I don't have the time or stamina. Some use credit-card arbitrage to game 0% offers to turn a profit. Others seems to fly around the world "for free" just by paying their bills, like the lead anecdote in Katherine Hamilton's great story here. You can now juice points by putting your rent, tuition, taxes and other bills on the right card. Fees complicate the math. As much as I am told this can be a fun hobby, I will stick with getting slightly less mediocre at the piano for now...
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Calculator.TAX with AI
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Credit-card points obsession: a financial chess game I'll never master.
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Noa Khamallah
General Partner at Don’t Quit Ventures
10h
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Creativity reinforcing the endebtness ideology in our beloved U.S will never cease to amaze me. Agree with you.
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Mindy Ross
Director, External Relations at Museum of American Finance
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I couldn't agree more. an exhausting obsession!
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Ian Salisbury
Senior writer at Barron's
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To paraphrase Dolly Parton: Getting stuff for free can be a lot of hard work
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Bernadette Pawlik
Job Search / Career Strategist, Recruiting Insider
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Oh, yes. I probably shouldn't admit this, but I used my credit cards to cover my parents' funerals.
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