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2008 Credit Card Usage Totals

January 6th, 2009 at 04:24 pm

It's that time again. Time to look back and review the spending for the year. This entry covers our credit card usage for 2008.

Marriott Visa: $31,652.26
AOL Visa: $5,831.72
Discover: $3,265.06
--------------------
Total: $40,748.04

That's just about $300 more than 2007 which isn't bad at all considering we had the Bat Mitzvah this year and spent a lot of money on that. The only major expense that wasn't charged was the caterer.

As for rewards, we earned 35,287 Marriott points. That would get us 6 nights at about $90/night, so $540 in rewards.

From AOL and Discover, we earned cashback of $258.21.

We also got a free night certificate from Marriott Visa worth between $150 and $200.

That gives us total rewards earned for 2008 of $950-$1000.

As always, all bills were paid in full and on time, no interest charges or late fees. The Marriott card does have a $65 annual fee, but since we got rewards worth over $700, I think it is well worth the price.

6 Responses to “2008 Credit Card Usage Totals”

  1. Analise Says:

    Using your CC the way you do is a smart way to make extra money. I do the same... pay cc bill in full and on time every month and earn rewards, otherwise it is not a good strategy. I agree some CC cards are worth the fee. My Alaska Air card has a $75 fee but in 2008 alone, we saved over $4,300 on airline tickets to Boise, NYC, and El Salvador.

    Considering inflation and the Bat Mitzvah, you actually spent less than 2007.

  2. whitestripe Says:

    i do the same, my anz visa has an annual fee of $49 but I earnt about $200 last year. Hoping I will earn more this year!

  3. Amber Says:

    You did really great DS. I just cashed out my BoA rewards for $120, unfortunately I have a balance but by April I hope to have this paid off

  4. Ima saver Says:

    I earned $700 in cash using my chase rewards card. Like you, I pay the balance off in full each month.

  5. coreys Says:

    That is a lot of credit card spending! Do you pay all of your expenses through your credit cards? Just curious.

  6. mrpaseo Says:

    What medium do you use to track your expenses? Currently I use Excel for my budget (Tried Money and a few other money management tools but they were to in depth for me to keep up with). The problem with excel is it only keeps track of the top level balances, meaning, I apply $600 a month to food... then we use that for groceries, eating out, fast food etc...

    Any suggestions?

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