The Money Mustache Community

Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: FastStache on January 17, 2015, 01:18:44 PM

Title: How to benefit from large purchase
Post by: FastStache on January 17, 2015, 01:18:44 PM

I have purchased a solar water heating system and pool heating panels, and I'm trying to figure out what is the best form of payment, as I have the cash in my account.

I'm going to ask if I can pay with a credit card to get some nice perks. Does anyone have a card with good perks?

Also, what if they don't accept cc or charge me 2-3% for using one? Are there other ways to get some cash back, etc.?

Title: Re: How to benefit from large purchase
Post by: sunshine on January 17, 2015, 01:22:33 PM

If they charge any fee I would write a check. We run all purchases and bills through our Discover card. We get 1 percent back plus up to 5 percent on certain categories and shopping links through their site. There are likely better perk cards but we have had this one 20 years.

Title: Re: How to benefit from large purchase
Post by: nobody123 on January 17, 2015, 03:00:04 PM

If you have the cash, ask for a discount for paying cash (via check, so you can prove you did pay).  For high-dollar items, they might have already built the 3% credit card processing fee into their price if the majority of their customers pay via credit card.  Worst thing that can happen is they say no.