What's new

Best business card for wash?

ShinePro

Well-known member
Joined
Oct 24, 2022
Messages
334
Reaction score
504
Points
93
Location
Xenia, Ohio
Something to consider
I can tell you a long story about getting screwed last tax season with a cash back rewards card when I got a 1099 on may 21st

my new card is a hotel points card
No more cash back bs!
 

Earl Weiss

Well-known member
Joined
Aug 31, 2007
Messages
6,361
Reaction score
939
Points
113
I have a no fee Citibank points card. Since I have multiple locations Citi set me up with a separate card for each manager and the statement is broken down by card so it's easy to allocate the expense to the proper location.
 

Greg Pack

Wash Weenie
Joined
Sep 3, 2007
Messages
4,388
Reaction score
2,167
Points
113
Location
Hoover, Alabama
I've got Spark 2%.. It has a $150 annual fee. The 1.5% cash back is no fee. I think that makes the break even on that is 30K annual spending. My utility companies charge a small service fee (usually $2)for credit card payment but since they are usually at least 1K I get at least $20 back. I'm transitioning everything to credit card autopay that I can. Because of utilities I have at least 5K per Month Monthly bill, I think it averages around 7K. Just got back an $1800 rewards check for the past 12 Months spending. You can also spend your rewards on amazon.

I would likely opt for the no fee 1.5% back if I didn't put my utilities on the bill.
 

ShinePro

Well-known member
Joined
Oct 24, 2022
Messages
334
Reaction score
504
Points
93
Location
Xenia, Ohio
cashback rewards are NOT taxable.....
Agree
To explain
The bank made a mistake on the rewards
Over rewarded me - i didnt pay attention to it
So they 1099’d me in May for the over reward on
60 days after I filed my taxes
My accountant wanted to refile amended return and we did

after bitching at the bank about how I wish they would have handled it
I got a new card for the business
 

soonermajic

Well-known member
Joined
Oct 26, 2014
Messages
3,384
Reaction score
869
Points
113
Location
texas
Have had GM card for well over 25 yrs. It has changed banks MANY times. 2 different dealers have told us NEVER let GM trick u into switching it to a "current" Card, as we are Grandfathered in. Basically no limits, 5% back on EVERY SINGLE PURCHASE made, to be used towards purchase of new GM vehicle. Can earn $3000 yearly, up to 5 yrs =$15,000 off on new GM!
We have saved over $20,000 on 5 new cars / trucks in past 25 yrs!
GM has been deceiving & tried every trick to get us to switch to "All New" GM card.🤔🙄😡
 
Top