Millennials Don’t Use Credit Cards Because They Have No Money

Re:Millennials Don’t Use Credit Cards Because They Have No M... by jdpigeon on Friday August 19, 2016 @02:57PM (#12322561)

How do you get so much cashback? I've always poo-pooed credit card benefits because back of the envelope calculations always make them seem negligible (ie 1% cash back)

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Re:Millennials Don’t Use Credit Cards Because They Have No M... by ams6110 on Friday August 19, 2016 @03:04PM (#12322620)

One way is to look for introductory deals. A lot of cards give bonus reward points for opening an account, then more if you charge a certain amount in the first 30 or 90 days, etc. Some also give double or triple points for spending in certain categories e.g. restaurants or travel.

Straight cash back bonuses are maybe not as easy to find.

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Re:Millennials Don’t Use Credit Cards Because They Have No M... by pbarnes_1 on Friday August 19, 2016 @03:35PM (#12322861)

If you know what you're doing, it's easy to get 5-10c per point.

There are entire websites and communities dedicated to the points game.

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