Quote:
Originally Posted by dchar
Even better if you have the Citi Costco Card! 4% cash back for gas on the first $7,000 per year, then 1% after.
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Let's see....
CA is ~$3.90 for premium
7000 / 3.9 = ~1,795 gallons of gas
~25 mpg of spirited driving
1795 * 25 = ~44,875 miles per year you'd have to drive to hit that 1% mark.
At 4% cash back, if the average driver hits 15,000 miles, that's ~$2,340 you're spending on gas per year, yielding ~$93.6 per year cash back.
I'll stick with my 3% cash back on everything Amex, I spend way more.