Liquidating Your CC Credits/Benefits
Intro
It’s that time of the year…As we’re getting closer to the end of 2023, let’s take a look at our credit cards and make sure we’re maxing out the benefit for each one. Remember, the name of the game is to maximize as much value as humanly possible from each card. We don’t want to leave money on the table.
Let’s have a look at each card that has been recommended in the Q1, Q2, Q3, and Q4 plan so far and examine how we can maximize each card’s benefits to the fullest. We’ll also have a look at some other popular cards that haven’t been included in any of the quarterly plans yet.
Quarterly Plans
Man…A trip down memory lane pulling up the old Q1 Plan post. When I think about two of the biggest wins to come out of this BowTiedBum project, I think of two things. First, the Slack Group. The OG’s that were members since Nov 2022 remember a two month period (November and December 2022) where there was no Slack Group. The comment section was more active, but there wasn’t nearly as much camaraderie, and it didn’t feel even close to as tight-knit as it does now.
The second biggest win was creating a specific follow-along guide for each quarter. This took all the guesswork out. For those completely new to this game, it often sounds overwhelming at first. Earning $10K/y for credit card rewards sounds to good to be true. Once we were able to break it down to $2,500 per quarter and offered a specific plan for how to do so, it became much more manageable for each new bum. Seeing other bums win by simply following the quarterly plans inspired newbies to start and take action.
We’ve earned a lot through each signup bonus.
Now, let’s focus on maximizing benefits and make sure we squeeze as much value from each card as possible.
