Credit Card Mastery / Cash Back Systems

Discussion in 'Off-Topic' started by khardbored, May 23, 2019.

  1. Cycsk

    Cycsk Well-Known Member
    SuperFanatic SuperFanatic T2

    Aug 17, 2009
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    The United card sign up bonus is deceiving. The miles are real, but you have to plan ahead to get a 12.5k saver trip. My Alamo Bowl trip took 50k for each of us.

    Also the United Club "passes" are "day passes," not annual memberships.

    The Marriott card sign up bonus is essentially 1 night at a true Marriott and 2 nights at a Courtyard or Fairfield.
     
  2. aeroclone

    aeroclone Well-Known Member

    Oct 30, 2006
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    I keep it simple right now. Fidelity Rewards Visa. 2% cash back on everything, no cash back limits and no fees. Could do better juggling cards but not sure I want to deal with the hassle.
     
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  3. usedcarguy

    usedcarguy Well-Known Member

    Apr 12, 2008
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    I use a capital one spark. The first offer they sent was 1.5% cash back on everything with a $500 bonus with a 3 month spend of $3000. Then they offered a another $500 on a 2% cash back card with the same spend. Didn't think they'd be dumb enough to send me another $500 but they did. That one has a $60 annual fee, but I spend around $7000 per month so it's more than worth it. (mostly thru business) Adds up quick.

    I will never ever do business with Chase for as long as I live.
     
  4. Cycsk

    Cycsk Well-Known Member
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    For a long time, we used a Choice Privileges card because they always run specials and easy ways to earn bonus points. We got 10+ free nights per year at Quality Inn type hotels.
     
  5. IASTATE07

    IASTATE07 Well-Known Member
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    May 30, 2016
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    Why?
     
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  6. khardbored

    khardbored Well-Known Member

    Oct 20, 2012
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    Even better - 6% on streaming services. :cool:
     
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  7. CysRage

    CysRage Well-Known Member

    Oct 18, 2009
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    Right you are! 6% is pretty dang good if you are a cord cutter.
     
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  8. Dopey

    Dopey Well-Known Member

    Nov 2, 2009
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    I use Discover. Usually redeem points for Lowe's gift cards.

    On the off chance someone doesn't take Discover, my debit card is a Visa.

    I don't bend over backwards to maximize rewards
     
  9. GrappleCy

    GrappleCy Well-Known Member

    Aug 7, 2018
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    Rewards or not, never use a debit card. If fraud happens a debit card is your money on the line. A credit card is the banks money. The only thing a debit card should be used for is the ATM.
     
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  10. cowgirl836

    cowgirl836 Well-Known Member

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    if you ever travel much, Discover doesn't seem to be widely accepted in the UK/Canada.
     
    • Informative Informative x 1
  11. mkadl

    mkadl Well-Known Member

    Mar 17, 2006
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    NOPE
     
  12. khardbored

    khardbored Well-Known Member

    Oct 20, 2012
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    I've decided to go with this 3 card strategy for the time being:

    • Amazon Prime Visa: 5% on Amazon.com, 2% on restaurants & drugstores
    • Amex Blue Cash Preferred (Amex BCP): 6% on Groceries up to $6,000 (includes Walmart grocery!), 6% on Streaming, and 3% on Gas - $95 fee, but worth it! ($265 net per year on groceries alone) AND will give a $250 sign on bonus (my custom offer was $300!) with $1,000 spend in first 3 months. Could downgrade after year 1 to avoid that fee, but prob. won’t.
    • Citi Rewards + / Citi Double Cash (Citi): The only reason I got the Citi Rewards + was just to get the $150 sign on bonus. For that I need $1,000 spend in the first 3 months. Then I will convert to Citi Double Cash and get 2% cash-back on everything. This is the “EE” (Everything Else) card.
    If anyone is thinking about the Amex BCP, I would get a refer-a-friend credit if you use this link when applying, so that would make me happy!

    Would anyone be interested in an explanation of what I've done / how I will use them in a video - esp on how to get the 6% back on Wal-Mart grocery orders?
     
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