I'm not being a wise-guy, but I'm not following you in this sentence. Are you saying if you used your savings to get the refrigerator you'd only have $11 left or the $11 is the interest you'll pay on the card?Originally Posted by paddlenbike
I'm not going to tell you what to do, but just know that the technique you are using very rarely works out in favor of the consumer.
If you were charging and paying off $10,000/month then I'd consider it, but for basic living expenses, the math doesn't work out.
If everything you charge netted you 5% back, you'd earn maybe $30-$40/month.
Then watch what happens if you carry a balance just one time in the next 12 months. All of the sudden your 5% cash back benefit turns into a 25% interest charge and all the work you did to beat the credit card company is gone.