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Author: ricerFool Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35392  
Subject: Re: Free Savings Bonds for me!! Date: 12/2/2002 7:55 AM
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serrow: Your plan isn't really anything new. Your particular card gives a 1% rebate in the form of savings bonds. Other cards do airline miles, store gift certificates, etc... If you shop for credit cards, you may find that others may even be better than your 1% rebate card.
'Frinstance I carry a Juniper Platinum MC that has a tiered rebate structure. Once you accumulate over $10k in charges over the year the rebate goes up to 2%.

FWIW, I thought about charging savings bond purchases as well, to take advantage of the rebates like you describe. Seems like a solid plan.

Also, when you buy savings bonds this way, buy them *after* your monthly billing cycle date, but *before* the end of the month. Since savings bonds are dated by the month, you can score some extra cash flow by buying the bonds at the end of the month.

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