I have a rewards card I really like and we have about $5k in bills monthly. Almost all of them I could setup to pay out of this card. That would earn about $600+ in rewards annually, which would make Christmas time that much easier.
Assuming I paid it in full each month just as if it were a consolidated monthly bill of our actual bills, are there any cons to doing this? Online articles seem to suggest it is a good idea if you can pay them in full each month, which we would do and have no issue doing so.
The card would be used exclusively for our monthly bills, so the accounting aspect will be easy enough, and we thought we would setup the bills on auto-pay and then set the payment date for the credit card to the 30th of the month and just make a single "bill payment" monthly.
I didn't find any other questions here regarding this in a search, so I'm wondering if it is a wise move or if there are downsides to doing so.