Been doing that for a while, pay bills with CC and pay it off each month, after a couple months I use the points to pay a bill lol.
Good on ya. You are what the CC companies refer to as a deadbeat. They hate cardholders that do this simply because the only revenue the CC company is ever going to realize from that account is the small percentage fee they charge the merchant which usually evaporates with cards that have points or rewards. Think about it if you are getting 5% cash back and the CC company is only charging the merchant a 3% transaction fee they are loosing money.
I do the same thing but on top of that I open and close a lot of merchant cards on a continual basis. Some merchants will give you up to 20% off on your first purchase in addition to the xx% cash back. The CC companies and merchants really hate those type of account holders.
