Some credit cards come with $3,000 or $5,000 spending requirement within the first 3 months in order to qualify for bonus miles, or cash back or hotel stays. It can be difficult to spend that much money within the given time frame. You can try to align major spending such as car purchase (auctions take credit card), car maintenance, vacation, or flights you have been planning. However, when there is nothing else to pay for, you can pull your future spending to today.
How do we make payments for future purchases today? You have a few options:
- Park money at your Amazon gift card for your future Amazon spending.
- Buy Costco gift card to shop at Costco later
- Make estimated tax payments quarterly using your credit card (charges ~%2 but you are still ahead)
- Buy Restaurant.com cards or certificates to eat out later
- Buy other gift cards (Costco has typically 20% or 30% discounts for gift cards)
- Buy stamps
- Airline miles if on discount (This needs calculation to make sure it is a deal)
Here are some other examples of Costco gift cards you could consider:
