Member - Bruce (San Diego) posted:

We use the American Express rewards program and find it usefull for one purpose only, Qantas is a partner in the program and offers a companion fare to Oz for $400.00 for 20,000 points which at the present time with fares at $1,400 saves us $1,000 per trip for the two of us.

I read an article in SMH a couple of weeks ago that the Qantas Rewards card was not worth it.

in the USA Cash Rewards used for merchandise within the country is also taxable income.

Bruce

Rob H posted:

We do the same and managed to get vouchers for $400 for Bob Jane T-mart, so that paid for most of 2 new Sumitomo Serengeti tyres.

marcus posted:

He towed from melb-townsville and return.I am in small business and with a home (rates,insurance etc) several vehicles (rego,insurance and maintenance)investment properties then things like dining out and phone,gas and electric bills for home can all be paid by credit card.I use a G.M card from holden which entitles me to a $3000 discount on my next holden from credits earned.Don't need a new holden for a while so would rather get into a more practical scheme where expenditure can be turned into a positive.The use of cards i might add needs to be highly disciplined because in the wrong hands the high interest can bring many people undone.I am suire the banks know this and on average of a thousand customers a high percentage will stuff up(thus their high profit margins).In short what i am saying is if you are incurring high costs,turn them into a positive as this fellow did.If you don"t have a reliable cash flow and can"t pay on time then don't use a card.I am just a plumber but the system works for me no problems.
cheers mark