My 1st Million At 33 – yes, you can do it too

It appears that one of the easiest way to get a cashback offer on American Express TrueEarning credit card for Costco is not to use the card too much except at Costco.  I have got this offer every year since I signed up the credit card.  My shopping pattern for this card is I only use this card at Costco, and very occasionally I use it besides at Costco.  Then during the summer, American Express will mail me this offer of “spending $750 outside Costco in two month to get $20 bonus rebate” which is in addition to the regular cash rebate of 3% for dining out, 2% for travel, and 1% for everything else.

Such high percentage rebate amount doesn’t come by often.  So I’m going to put all of my purchase on this card, besides grocery/gas/drug which I can get 5% back on Citi Platinum Select Dividend Card.

Hmm, spending $750 for two months besides grocery/gas/drug is a little high for me.  At such time, I may simply prepay some of my bills that are payable by American Express, stock up on miscellaneous items, or take the penalty of paying a fee of $5.95 to buy the Simon Mall Visa gift card which I can always use anywhere later.  If you have any other good ideas on pre-spending without wasting money, please do let me know.  Thanks.