There are cards out there where one can get "money back" or reward points that can be translated into cash/gift cards.
(I actually do the AMEX -> Gift Card route.)
Anyhow, if you PAY OFF EACH MONTH one can actually look at it as a percentage off the price of your purchases.
Or, if your like Melonie, you can view the money back as a refund on various taxes.
But the key to all this is PAY OFF YOUR BALANCE EVERY MONTH. Otherwise, you lose all those "savings" (usually minimal but hey ever penny helps these days) lost in the interest due on the card.
I use my AMEX charge card for nearly everything - phone, insurance, etc. I would be spending this money anyhow simply to function in society (a topic of another post!)
(A charge card is required to be paid off each month as it is not a credit card.)




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