This is my original tally:
UPDATED TALLY:
$1030 cash Chase Sapphire (moi)
$200 cash Chase Freedom (dh)
$625 gift cards - Chase SW (dh)
$515 gift cards - Chase SW (moi)
$500 gift cards Citi (dh)
+$100 gift cards - Citi for trying to close card
$310 gift cards - Citi (moi)
-$99 annual fee (SW card)
+$99 annual fee refunded when closed card
-$69 Fee (SW card)
+$69 annual fee refunded when closed card
-$41 lost value for exchanging some Citi gift cards for cash and amazon gift cards
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$3239 TOTAL *ONE-TIME REWARDS*
+$ 500 deposit to ROTH (Fidelity Am Ex - 2% cash back)
+$ 80 Target rewards (5% discount Target purchases; mostly groceries)
+$ 35 Visa Rewards (1% cash back - for places that don't take AmEx)
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=$3854 TOTAL REWARDS 2011
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It's not overly organized, because, well, I didn't expect so many rewards. I just kept adding more and more. So I went back and re-organized a bit to show by reward offer.
What I also wanted to see is what exactly I received in rewards, and what I did with said rewards.
So here is another break down:
CASH: $1230
AMAZON GIFT CARDS: $1225
ROTH DEPOSITS (CASH) $500
WALMART GIFT CARDS: $500
KOHLS GIFT CARDS: $250
B&N GIFT CARDS: $50
CARLS JR GC: $20
OLIVE GARDEN GC: $5
TOTAL = $3780
For simplicity, I left out ongoing Target and Visa rewards (small).
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I was able to sell the WalMart gift cards for cash and more amazon gift cards, so I ended up with:
CASH: $1594
AMAZON GIFT CARDS: $1320
ROTH DEPOSITS (CASH) $500
KOHLS GIFT CARDS: $250
B&N GIFT CARDS: $50
CARLS JR GC: $20
OLIVE GARDEN GC: $5
TOTAL = $3739
With these rewards I was able to:
Add $500 to my ROTH
Add $1132 to payments of mortgage principal (amount is greater than one monthly mortgage payment)
Donate $250 to kids' school
Paid $212 towards Napa vacation
$700-ish towards kindles/etc. for Christmas gifts
$80 Roku (to help with dropping cable)
**Didn't have to spend cash for many household or fun purchases the last few months/made, and some long put-off purchases, with remaining Amazon gift cards
NOTE: I could have easily sold all the gift cards for cash, at a 80%-90% discount, if I would have just preferred cash.
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I've still got significant gift card balances to carry me through next year. $100 Kohls, $50 Barnes & Noble, at least $50 Amazon, etc.
I am working on a $250 reward at the moment. If I can sell the rewards for cash, I will probably put this reward toward the mortgage. I am $162 short of my goal for year, and this will put me to goal without touching savings or any gift (birthday/christmas) money.
Credit Card Rewards Broken Down
November 12th, 2011 at 09:08 pm
November 13th, 2011 at 05:04 am 1321160687
November 13th, 2011 at 03:33 pm 1321198380
I have used plastic jungle.