$200 Capital One (DL credit card - used for auto insurance)
$ 30 Citi Reward (for charging hotel)
$ 15 AmEx Reward (for charging insurance)
$245 TOTAL *ONE-TIME REWARDS*
+$298 AmExRewards (6% cash back groceries/streaming services)
+$75 Target rewards (5% discount Target purchases; mostly groceries)
+$153 Visa Rewards (3% cash back restaurants/fuel). Ended up also using for groceries in Q4 (3% cash back)
+$1,032 Citi 2% card (2% back everywhere - health insurance/medical is the *big* expense that we charge, is more than our mortgage payments)
Grand Total = $1,803
I just want to add that historical figures below do also include bank bonuses. They just don't generally work very well for us so I do not utilize as much. (We did -0- bank bonuses in 2022).
Year 2011 = $4,164
Year 2012 = $2,782
Year 2013 = $2,623
Year 2014 = $3,128
Year 2015 = $2,585
Year 2016 = $1,906
Year 2017 = $3,578
Year 2018 = $2,096
Year 2019 = $2,266
Year 2020 = $2,107
Year 2021 = $2,377
Year 2022 = $1,803
Total 12 Years = $31,415 ***Mostly Tax-Free Income***
Note: I have been tracking since 2011 because that's when the rewards got CRAZY. We have always utilized cash back on credit cards. It's just been extra rewarding during the past decade.
***CAVEAT - I absolutely do not recommend utilizing credit card rewards in this manner, unless you are in full control of your credit card spending. We treat our credit cards like debit cards; only charging if we have the cash on hand already. We've never paid a cent of fees or interest.***
Honorable Mention to I Bond interest. ~$1,200 interest this year and will be more next year. I won't include it because it's not a "bonus". It's basically the equivalent to bank interest. But it was such a boost this year, and might be some of the reason I did not pursue more rewards.
MM(19) did do a $200 credit card bonus this year. But he didn't need me to co-sign his credit card. I was not involved in that, so won't add that to the tally. I did get DL(17) a credit card and a bonus (and helped him with the spending to get the bonus.) Same as we did for MM, it was nice to have a $200 chunk to apply to his first big car insurance bill.
There was also a couple of obvious small rewards that I just had to click a button and/or switch credit cards to redeem. (I didn't seek them out, but I got an email or saw mentioned online.)
Given the low energy I put towards looking for credit card bonuses recently, it's no surprise that this was our lowest year (since tracking).
I expect 2023 to be even lower. With interest rates rising and mega I Bond interest, I will have less motivation to chase credit card rewards. Also, we were both just rejected for a bigger credit card bonus.