I revised my numbers to include extra interest I am getting from a promotional CD (6% interest). I highlighted the bank interest (taxable) rewards to differentiate them from the tax-free credit card rewards.
I also revised my Target and 1% Visa rewards for actual rewards numbers. I think those numbers are pretty good. We are probably done with the Visa for a while and I just estimated $200 more Target purchases this year (2 months x $100 grocery purchases).
I did not add the Citi rewards (double cash back) to my tally. I basically have no idea what I will get with that and it will take away from my 2% AmEx. So basically a wash. I will add it in when I have more firm numbers in early December. (This Citi double dash card is replacing the Visa; used for vendors that don't take AmEx).
$175 Cash (AICPA card, Moi)
$200 Cash (Citi card, Moi)
$500 Amazon gift cards (SW Chase double dip, Dh)
$500 Amazon gift cards (SW Chase double dip, Moi)
$250 Cash (Chase Freedom, Moi)
$200 Cash (Chase Checking, Moi)
$200 Cash (Chase Checking, Dh)
$2025 TOTAL *ONE-TIME REWARDS*
+$150 Extra bank interest from a CD promotion
+$500 deposit to ROTH (Fidelity Am Ex - 2% cash back; health insurance & misc. spending)**
+$375 AmExRewards (6% cash back groceries/3% fuel)**
+$ 60 Target rewards (5% discount Target purchases; mostly groceries)**
+$ 45 Visa Rewards (1% cash back - for places that don't take AmEx - primarily dentist/insurance/utilities)**
**Estimates for the whole year
Grand Total = $3,155
Year 2011 = $4,164
Year 2012 = $2,782
Year 2013 = $2,623
Year 2014 = $3,155
Total 4 Years = $12,724
***Mostly Tax-Free Income***
NOTE: ABOUT $550 FROM BANK CHECKING AND CD PROMOTIONS THIS YEAR. UNFORTUNATELY, THOSE ARE TAXBALE.
***CAVEAT - I absolutely do not recommend utilizing credit card rewards in this manner, unless you are in full control of your credit card spending.***