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Comment by nerdjon | Hacker News Reader

I gave up long ago trying to optimize any rewards, it just ended up being stressful and not really worth it ultimately.

Now I just use my apple card everywhere, pay it off every month and get whatever rewards I get.

It feels like a weird situation, those that stand to gain the most from credit cards are also the ones that should feel a difference of under $100 in rewards the least.

The one exception I see is bonus sign up rewards since those can be fairly significant, or making sure you use an airline card at the airline since those bonuses can be fairly significant (with sometimes other benefits). But outside of those exceptions, just choose a card with good rewards and stick with that and pay it off every month.

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I gave up on optimizing and just use the Robinhood Gold 3% cashback card everywhere (except Amazon/WF, where I use their 5% Chase card). I can probably get more than 3% cashback in some categories on other cards, or more ROI by switch to points, high-tier cards like Chase Sapphire, and churning, but I just don't care.

The gain of a few thousand per annum is not worth the mental distraction.

I do the same. Just a single card for most spending, but has a bunch of handy features. I pay $50 a year for that, the convenience in case it gets stolen etc. I will say though that it's a little annoying to constantly transfer to the brokerage and then to the bank, but not too bad.

I've generally tried to stay with cash back rewards in categories that don't change, that's been the best way to balance complexity with rewards for me while not nudging me to buy stuff I don't actually need. I don't like messing with points or rotating categories or included subscriptions. With one exception I avoid annual fees as well.

So like, I have a card that's 6% on groceries, another that's 3% on gas and restaurants, Apple Card does 2% on Apple Pay transactions, and I have a 1.5% card for everything else.

Ive aligned to literally the exact same lineup. Amex blue cash preferred for our 6% groceries.

> It feels like a weird situation, those that stand to gain the most from credit cards are also the ones that should feel a difference of under $100 in rewards the least.

It’s expensive to be poor. Higher interest rates, no credit card rewards, higher unit prices at places like Dollar General, etc.

I don't bother with rewards either, be it cards or memberships or whatnot - too much hassle if you're also working full time. BUT: one thing I use the credit card for and that is for the pay and travel insurance attached to it. Could I get it otherwise? Maybe, no idea. But if you don't carry debt (and I never do) there's no downside.

The rewards differences can be significant. Eg 4% vs 1% cash back is $3k difference on an annual spend of $100k.

On the one hand, relative to our income it's not so important, but on the other it feels bad leaving $3k on the table.

How do you spend 100K on a credit card per year? Do you pay housing with the card?

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