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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No, you have to pay a 3% fee. That would be almost $4000 for me this year and my credit limit isn't that high anyway. [/quote]

OP, unlike this moron, we follow IRS suggestions and use Pay1040 to make periodic tax payments at a very reasonable rate of 1.75%. We use our Chase Freedom Unlimited card (which has a $75K limit) to make estimated quarterly payments of around $53K each. This works out to be about $3710 in fees. The spending earns us 1.5X per dollar spent which is about 318K Chase points per year. We also have a CSR credit card which allows us to transfer 1:1 to Hyatt points which are nominally valued at about 1.7¢ each. [b]This means we’re getting at least $5406 in value for only a $3710 expense[/b].

Truthfully, though, we cash in those 318K Hyatt points to book multiple rooms or suites for week-long vacations at places like the Park Hyatt Maldives, Alila Ventana Big Sur, or the Impressions by Secrets in Cancun.

DH and I are staying at the Park Hyatt Tokyo in June for 7 nights using 315K points plus a Suite Upgrade Certificate. This is peak pricing! The cash price for the most entry level room over the same dates is $14K. When you factor in the suite upgrade, we’re looking at a standard suite that would otherwise cost $22K.

So, yeah, we’re cool spending an extra $4K in CC fees to land a luxury suite in Tokyo that would cost a cash-paying customer an extra $18K. This is why our family takes 5-6 luxury vacations every year to most people’s 1-2. [/quote]

Certainly this is unassailable logic. Because no one has ever had health issues or family issues that prevent planned travel. And we all know that hotel and airline points program NEVER devalue their points currency.

PP, the certainly with which you speak makes you look foolish.[/quote]

She clearly has lots of free time in her hands if she bothers to run all these points have for $1696 savings  a year.

As a working woman, my time is literally worth $1300/hr. I will loose more money trying to save some negligible amount

It’s the same as spending half a day shopping at Costco vs just buying groceries from Whole Foods actual the street.

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