Last week I accidentally used my credit card. I pulled the wrong blue card out of my wallet. PURELY an accident. As soon as I realized I did it, I paid the balance (since I had planned on using my debit card, I knew I had the cash).
The thing I didn't think about until later was the points that got credited to the rewards program. As I stated yesterday, we are getting the kids a Wii for Christmas with points.
After getting the Wii, I have about 4100 points left. At 6000 (or 6500, I have to look again), we can get a $50 GC to Lowe's, which will help pay for paint for the hallway, and allow us to get the 2 lights we didn't have enough cash to get.
So, we need about 2000 more points. Then I read this post about paying for your mortgage with a credit card (ok, I have searched high and low and can't find it again....so sorry dude, no link love for ya!!). One month, plus one other purchase we have planned (and have the money for) and I would be there! Then I would get my gift card, cancel the reward program and hop on down the bunny trail.
Except our mortgage company won't accept a credit card payment. Bummer. But I am not letting it get the best of me. I am planning on using my credit card in HIGHLY CALCULATED situations to get the points, and it will take me a little longer, but I will still get there.
I know what you are thinking.....Tsk, tsk, Mysti. This is a gateway to problems. What are you thinking, girl????
I am thinking that I know that I have a $600 purchase next week, and that will be 1/4 of the points I need. I am only going to use the card for purchases that I have the cash in hand to do. Not, I will have the cash next week. If I have the money that I could take to the store and hand them in cash, then I will use the card to get the points....go home, and pay the bill. There won't be a balance.
I just think we are close enough to get the gift card that it would be a waste to not use all the points. I could get a gift card to a restaurant.....but it wouldn't even be enough for all of us. So it really isn't an incentive. Now, getting the lights for my hallway.....THAT is an incentive!