I just recently signed up for the Amazon Rewards Credit Card through Chase bank. I originally got it because I make enough purchases on Amazon that it would be useful, but have been thinking a lot about using it into my other purchases. I will, of course, pay off the balance each month and possibly each week.
Plus, for the first 90 days, points are double, so I would get 6 points for each Amazon purchase, 4 points for gas and groceries, and 2 points for every other purchase in the first three months. (BTW: this is not a sponsored post.)
There’s a bit of a debate out there surrounding credit cards. Some view them as evil, mainly because of the misuse that got them into debt. Others, however, use them for gaining points and getting rewards back. I went through Dave Ramsey’s Financial Peace University last year, so I have had the mindset that I should stay away from them, but honestly I feel like I have enough discipline to use one. I’ll test out the waters this month and see if it affects my spending.
What is your perspective? Credit cards: Good or evil?