The only time I don't use a card is for purchases where they charge a fee for using credit, because there is no incentive then.I have used other reward cards in the past like airline rewards to get point bonuses.

And therein lies one of our country's intrinsic problems:We are rewarded for 'consumption' rather than 'saving' and/or 'investing'.As Bob Dylan also wrote: "It's a hard rain's a-gonna fall."

Where risk is taken rewards are deserved.There has been an article or two where fraud has occured but this was where a previous offer was held back and a lower offer substituted after the fact.

This needs to be balanced with reward seeking behavior to so that they can find yield to grow their portfolio.

I know your dedication and perseverance will be rewarded beyond imagination in the years ahead.HAPPY BIRTHDAY!!

Obviously this benefit is reduced now with the lower interest rates, but people are still doing it for the sign up rewards or to save money on higher priced debt like high rate credit cards or helocs.A few links.http://en.wikipedia.org/wiki/App-o-ramaThe grail of the app-o-rama peepshttp://www.fatwallet.com/forums/finance/632935/

Do the math, and you'll see that partnering is a lower-risk, higher-reward solution than high-priced hard-money (at least in my experience and the numbers I see).

I'd think if you were burning that kind of volume you could demand a better discount from the bid room and pay with an Amex for the rewards points...

Yes, rewards can be great, so are the risks.

The taxes would be graduated by level of income with thousands of loopholes designed to reward all manner of behavior or misbehavior.