Best Credit Card Reward Points Bonus I have ever used.: Happy Friday everyone and thanks for stopping by. Today I’m going to talk about how I used my home renovation project to help my wife and I afford the holidays. How did I do this? Well that’s all part of the story. By using a card with one of the best credit card reward points.
Let’s start with setting the scene. My wife and I bought our house December 2017. It had plenty of issues and gremlins to sort through, so we figured that we would sort out the issues that involved being inside. Such as painting – which we did extensively. We took our downstairs which was five different, non-complementary colors and brought it into a single theme. Example:
Finally, a color that isn’t stupid. Pardon the lacking vent and outlet cover.
Why I’m telling you all this is because we neglected to fix the outside of the house (remember – cold). This means we had some TLC to handle on the exterior of the house – mainly just missing/damaged siding.
Best Credit Card Reward Points Bonus I have ever used: American Express Gold Card
In case you missed it – THERE IS A 50,000 POINT SIGN UP BONUS FOR ONLY SPENDING $2000 IN THE FIRST 3 MONTHS. Sorry, I had to make it obvious. The site that I found this on claims that this is an $800 value which is absolutely crazy to me.
Beginning the project
The stage was set. It was now late summer/fall of 2018. I had just applied and received this card. It was time to call some roofing/siding contractors. After settling on one (which was a process), I agreed to the work which was more substantial than I had initially realized. From the estimate we needed:
- Multiple siding patches
- Wood replacement and capping of two windows and one door
- Remove metal from rake boards, fur our (build out) and properly recap
- Remove and install siding over old/rotted gable vent
- Add a ridge vent to the roof (the previous roofer installed the wrong shingle and it was beginning to peel up)
More expensive than we thought…
So – much more than replace damaged siding. However, it all needed to get done. What was a $150 job became a $2600 job. Conveniently – this Gold card played perfectly into the plan.
I agree to the work, which the contractors did over 3 appointments. Although there were some miscommunications about the size and scope of the project initially (the guy who did the job was not too happy), the work was done for the price we agreed upon. Check it out:
Once everything is paid for, I will meet the requirement of the sign on bonus. An interesting thing about the sign on bonus that I was reading about is that you can use the points for gift cards. Not that you want to use gift cards for everyone’s birthday but you can use them at a place of your choosing to by what you need.
Again, this card has one of the best credit card reward points I have seen. The $2,000 spend to get $500 in rewards is an amazing deal.
That is the plan this year, barring any interruptions or snaffoos. So there you have it – renovating your home and helping towards paying the holidays. Win-win.
Edit: Update as of 11/17/2018: Success!
Check out part 2 here: