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The credit card games are about to begin again

November 29th, 2012 at 04:26 pm

I've been laying low for a few months on the credit card rewards games. The last card I got was Citi Forward, a few months ago; it's paying for a year's worth of Netflix, and I occasionally charge something on it to make sure it remains active.

However, I just realized something very important! It's something I never knew before when I still was paying my mortgage all these years because the bank also handled my property tax payments for me through an escrow account.

Since having paid off the mortgage this past summer, I now, for the first time, get the property tax bill directly from the town. It no longer goes to my morgage bank. I took a look at the 2nd half of my property tax payment that is due January 1, and I see in tiny print that I can indeed pay my property tax with a credit card!

There is a convenience fee, and I haven't checked to see what that is yet, but I certainly think it would be worth it to cash in on a juicy rewards card. My upcoming payment, which represents half my annual property taxes, is $3300, more than enough to earn some nice rewards, or a good leg up to reach for some of the bigger spending requirements on some of the cards.

I don't have any airline travel in my near future, so free airline miles don't appeal. I am leaning toward the Starwood Preferred Guest Credit Card from Amex.

You get 25,000 points ($250 in gift cards) after spending $5,000 in 6 months. After charging my property taxes, I'd only have to charge $1700 more, and I'd have 6 months to do it. Since I managed (with difficulty) to charge $2,000 in 3 months with the Amex Premier Rewards card, this shouldn't be too difficult.

There is an annual fee ($65) after the first year, so I'd need to watch it like a hawk and cancel before that first year is up.

If you know of a sweeter deal, I want to hear about it!

On the health front, I started taking Prednisone today after seeing the doctor AGAIN. She believes my initial infection is gone but the ears remain clogged, and the Prednisone SHOULD bring them back to normal as quickly as a day and a half. LET'S HOPE SO. I made an appointment with an ear nose and throat specialist but cancelled it to give the Prednisone a try. It may restore my faith in my APRN.

There's a couple who live in the house behind me up on the hill that I really like. I'm very sad because after living here about 10 years, they plan to move and put their house on the market in March. They are the nicest people. They had me over for a hot meal during our extended power outage/Hurricane Sandy. They have to move becus her husband lost his job and their house, which is huge and was in the middle of renovations, is too much to keep up, especially with the inflated property taxes.

She also is out of work but recently picked up a low paying, but f/t here in town. She hopes to use the income from it to complete their home renovations and ready the house for market. Their plan is to move to Tennessee and buy a smaller home with cash. I will be very sad to see them go. Good neighbors are not always easy to find.

3 Responses to “The credit card games are about to begin again”

  1. creditcardfree Says:

    I sure hope that works for you that fast...you have been miserable for too long!

    Look at the Maximizing Money site for other credit card offers. I think you might be able to find something where all you need to charge is your property taxes and have a larger bonus. Good plan either way!!

  2. FrugalTexan75 Says:

    I'm glad that it sounds like you are feeling somewhat better. I hope that the prednisone works.

  3. CB in the City Says:

    Have you been able to go to your part-time job while you were sick?

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