Yeah but all those "dollars off" are just from rewards points, right? Which AT MOST (other than occasional 3x days) is 5% on Cabela's purchases only but only 1% on everything else? There are much better credit card rewards out there that you can use for actual cash back and then use that save that cash to put towards the same gear?
The dollars off is a combination of things, 10% off for Club Member sales which you only get with the credit card, 5% Cabela’s cash back from a Cabela’s purchase and then somewhere between 4% and 10% actual cash back for Active Junky unless you buy a firearm where it’s 1%.
Most credit cards are 1.5% everywhere vs 1% for the Cabela’s cards. If you spend $25,000 on your card that’s only a difference of $125. Meanwhile just having the card gets me 10% off on sales which can make up a significant difference.
So I’ll give you a quick run down of last Black Friday, my Citori, on top of being the lowest price I found at $2800 vs $3,000+ everywhere else, was eligible for 10% off so that knocked $280 off the price. Then add in the 3x points for Black Friday which got me $378 back in Cabela’s points.
I then turned around and still on Black Friday sales got a $400 benchmade, knocked 15% for the sale, paid $340 in club points and still got $51 back in club points plus $15.30 from active Junky.
In other words I bought $3,200 worth of stuff, only paid $2,520 for it and walked away with $89 in Club points and $27.98 in actual cash. So I got roughly a 25% discount by using the Cabela’s credit card, to get that same $796.98 in cash back I would have had to spend between $39,850 and $159,396 more on pretty much any other card that gives 1.5% to 3% cash back.
Trust me I’ve looked and while Cabela’s isn’t the best choice all the time their benefits are about the best I could get in a credit card the last time I looked for a better one. I can’t buy all the gear I want with it but guns, optics and other items that have a fixed minimum prices are the best choices as they are generally the same price everywhere outside of small niche shops that skirt the MAP through forum posts.