No. of Recommendations: 0
I have two cards: One is the Motley Fool/MBNA 1% cash back card with a rate of 7.9%. The other is Direct Merchant's with a 90 day same-as-cash. I think the rate on that one is %14. Not sure, since I always pay off within the 90 days.

Currently I put my day-to-day expenses on the cash back card and pay off monthly. I put big ticket items (travel, furniture, etc) on the 90 day card. Obviously, that one gets used much less.

Question: should I instead put the expenses on the 90 day card and get the use of the "free" money? Or stick with getting my 1%? Or is it a wash?

BTW, I pay off my balances from my checking account, which doesn't pay any interest.

Thanks in advance for your replies!

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.