Jay's Tips: A Credit Card That Pays Four Points on Shipping

We’re going to start crowdsourcing business tips in this space, everything from credit card deals to tax strategies to CRM software.

This credit card tip comes from Jay Goltz:

I recently joined a new business peer group. About 30 minutes into the first meeting, I was questioning whether I was wasting my time. But here’s why it always pays to belong to a smart group: It turned out one nugget of information alone, from one of the owners, will have a real impact on my business. The owner happened to mention that he pays for his shipping with an American Express Gold card, which rewards him with four points for every dollar spent on freight. I spend over $600,000 a year with UPS — and I’d previously been getting just one point. That tip is going to make me about $20,000 a year.

Have you found a credit card deal that works best for you? If so, tell us in comments. If you’d like to share a tip on a different topic, you can send it to me by replying to this email. We’ll publish it another day. Thanks!