Post # 1
so fiance and i were thinking of opening up a joint credit card to handle all the wedding expenses (since we’ll be paying for the whole wedding ourselves). hopefully this will help simplify tracking all the money. we have the cash for our wedding but thought it would be nice to reap those credit card rewards as well.
1) cash back credit card – get 1-3% on all purchases, basically rebate for our purchases
2) mileage points for flights – we’ve never had one of these cards so i dont know how long it will take to actually accumulate the miles after our purchases. i was thinking we can use the miles towards our honeymoon too…
hmmm not really sure which one is the best option…. any other suggestions for credit cards?
Post # 3
as long as you can pay off each bill it shouldn’t be a problem. We do the mileage points because we fly a lot. But that’s just our preference! You need a loooot of miles to trade in, though. I fly for business a lot and hopefully I’ll have an upgraded flight at some point. But it’s a nice way to splurge on, say, a vacation spot, but your flight is free! We want to go to Greece for like, our 5th year….=]
Post # 4
I agree with ejs4y8….as long as you pay off the balance at the end of each month, then get the card and take advantage of the rewards. If you are getting the card to pay for wedding expenses you can’t afford now, I would advise against that. Credit cards are a nasty habit to get into, and the APRs are usually outrageous!
Post # 5
We did the same thing…just be VERY careful to pay the balance each month. That’s my only advice.
It’s up to you and yours what type of reward you’d rather get. Depending on the card, sometimes it does take a LOT of purchases for miles to add up. But if you fly alot, it’s worth it!
Post # 6
We did the cash back option and have actually had great luck with our Discover card. If we take our cash back in the form of a gift card, I can use $40 in cash back to get a $50 Banana Republic gift card.
I haven’t done a ton of cashing in, but I did cash in some to buy a cute shwoer dress at BR and we’re getting close to another $50 gift card now!
Post # 7
I like using my rewards credit card for the wedding expenses/purchases. I like using my credit card oppose to the debit card, because I don’t want to mess with “my money” if there’s an issue with the vendor or store. That way if I have to dispute something it doesn’t come out of my account and then I’m SOL!! But I’m very mindful of paying things off right away!
Post # 8
good point jingle, however ive been buying most of everything with a debt card or a check…
Post # 9
Go ahead and get a card – I recommend the Starwood American Express as it is regularly voted to be the single best rewards card available. We have one and we have stayed in some pretty amazing resorts and hotels for free all over the world.
At the same time, I wouldn’t automatically use the card for everything. If you have the cash, ask first if the vendor can give you a discount for paying in cash. If they won’t, then use the credit card. We got vendors to drop $200 this way.
Post # 10
We had the same experience! Many of our vendors were willing to waive sales tax if we paid directly using cash or a check – seems worthwhile to them not to have to pay the credit card transaction charges!