Re:Ask HN: What's Wrong with Penny Pinching?
by randomopining on Monday August 16, 2021 @03:54PM
(#28202132)
Churning in what regard, getting a lot to get the sign up bonuses? Or more intense, like buying stuff that you sell to somebody using your credit card to get points etc.
Re:Ask HN: What's Wrong with Penny Pinching?
by MattGaiser on Monday August 16, 2021 @04:32PM
(#28202581)
Sign up bonuses. I don't buy stuff to resell, but will do things like refuse direct billing for insurance.
Re:Ask HN: What's Wrong with Penny Pinching?
by randomopining on Monday August 16, 2021 @04:34PM
(#28202610)
Do you do all of them? Or just like Chase Reserve and Amex Plat.
Re:Ask HN: What's Wrong with Penny Pinching?
by MattGaiser on Monday August 16, 2021 @04:58PM
(#28202877)
I am Canadian, so doing ours, but I am pretty indiscriminate. Currently I am doing ones attached to Aeroplan, our largest frequent flyer program.
I don’t worry about what food costs, but I still maximize coupons, deals, and points. I also churn credit cards to make travel cheap.
I think it also depends on where the time for it can be taken from. I have meetings I am in, so the time just needs to have a value greater than dumpster to be a benefit to me.
Couponing has a low ROI, but meetings have defaulted my time to having no ROI.