Not exact matches
While you can also
meet your
minimum spending requirements by using your credit card to donate outright to a charity, you would be parting with your
money forever.
Don't
spend more
money than you normally would to
meet minimum spend requirements, because again you'll just end up
spending money, which is the opposite of what we want to do.
I've been extremely careful about
meeting my
minimum spend requirements without really «
spending» any
money (like cashing out a prepaid American Express card at the ATM).
If you are working towards
minimum spending on any Credit Card signup bonus, this could be a great opportunity to
meet the
spend requirements and make some
money in the process.
I think this method is for three types of people: 1) people that don't want to leave their computer to earn miles; 2) people that are fine earning the simple credit card bonuses and would just like to
meet the
minimum spend requirement without gift cards; 3) sports fans that could actually break even or make
money using this method.
Because earning the bonus usually involves a
minimum spend during the first 3 months of opening the account, it's helpful to sign - up when you can easily
meet the
requirement without
spending money on things you don't really need!
Credit card companies today are competing for your business, which means they are offering you significant
money to open an account and
meet a
minimum spending requirement (ie «$ 3,000 in the first three months»).
A cash back signup bonus will award you a nice sum of
money just for
meeting the
minimum spending requirements within the allotted time frame, usually three months after the account is opened.