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#americanexpress

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Techaktien
@Techaktien
4Mon·

The new Trade Republic credit card (Debit Visa) offers a maximum of €15 per month with 1% cashback on a minimum €50 savings plan. I would have to spend a total of €1,550 per month for this. So I get a maximum of two free kebabs after buying at least 221 kebabs. Do you find this offer attractive? Is it a good deal? 🥙💳💵

#traderepublic
#visa #mastercard #amex
#americanexpress
#sparplan
#sparpläne
#cashback
#etf #ETFs

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36 Comments
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PowerWordChill@PowerWordChill
4Mon
I've had a Crypto.com Visa Card (Ruby Steel) for 2 years and get 1% cashback.
You have to look at it this way, you spend the money, with or without cashback, but this way you get 1% off everything (including pet food)
Why not take the 1% with you?

Edit: If you put €10 into a $SPYI every month for 30 years, you'll end up with around €8300 in today's purchasing power, adjusted for inflation.
That's 1100 kebabs or something... 😅

Edit 2: A little thought experiment, imagine your current card provider were to charge you 1% more for every purchase, you would certainly go on the barricades and change providers.
So if it's rational to switch providers when the cost is 1% higher, then it's also rational to switch providers when the cashback is 1%.
Or am I making a mistake here? 🤔
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Techaktien
@Techaktien
3Mon·
4
3 Comments
tims92@tims92
3Mon
I'm really thinking about selling Paypal again without a loss and investing in Visa
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