What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
You absolutely have, you just aren't aware of it. Merchants are charged fees by the CC processors and those are passed onto you, the customer. Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.
You could argue that everything costs 3% more because credit cards, but it's not hard to earn more than that with rewards, so it's kind of a YMMV situation.
I do hate the fact that all my rewards-based trips are basically paid for by other consumers with massive amounts of credit card debt, though.
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
You absolutely have, you just aren't aware of it. Merchants are charged fees by the CC processors and those are passed onto you, the customer. Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.
You could argue that everything costs 3% more because credit cards, but it's not hard to earn more than that with rewards, so it's kind of a YMMV situation.
I do hate the fact that all my rewards-based trips are basically paid for by other consumers with massive amounts of credit card debt, though.
Huh show me a free credit card the gives 3% cashback which is not a set time or category promo.
Highest ive seen is 2.2% cashback. Certain rewards points are thought to be worth 5-15cents each eg. starwood amex points if you intend to stay at hotels and compare the price to what the hotel normally costs. Theres an annual fee on that card but some people get it waived. Was just giving an example of how depending on how you use your points you can get much more than 3%.
I know someone who has an amex gold and sells amex rewards points for like 5cents or so. although that has an annual fee as well. if you spend enough you negate the annual fee and can still get like 3.5-4%.
Yeah this, Amex Everyday with 4.5 points per dollar on groceries, transfer to British Airways (usually 1:1 transfer but bonus 20% last month), redeem at 3.7 cents per point, 16.65% cash-back equivalent (assuming you travel). Just one example, you do need to have many credit cards to maximize earnings everywhere.
I'd gladly take a Coinbase Debit Card though!