Robrus1 wrote:For points, I would consider keeping PRG, and maybe looking into Barclaycard Arrival Plus. Cash back, BCP or BCE. All I use my BCP card for is gas and groceries, and I get about $75-$90 a month cash back.
I don't agree with this advice. First, the Arrival Plus is really just a "cash back for travel only" card. You can't transfer the points to any airlines or hotels---it's fixed at 2 cents per dollar in value, basically.
With his spend patterns, he should look at the EveryDay Preferred. Here's how a year of spending would equate to points:
Gas: $4,800 x 2 points = 9,600
Groceries: $1,200 x 3 points = 3,600
Other: $4,800 x 1 point = 4,800
50% Bonus for making 30 swipes per month: 9,000Total: 27,000
Those 27,000 points are redeemable for a statement credit of $270. But a better use is to transfer them to an airline. For instance, you could fly book a LAX-JFK flight on Delta for 25,000 points and $5. That flight costs $420 if you were to pay cash. This is hardly the best use of Membership Rewards points, but it's a practical, real-world usage of them.
So, in summary, this card would get you over $415 in reward value for $10,800 in spend---a reward rate of over 3.4%.
The Barclaycard Arrival Plus would get you a flat 2% on everything ($216), redeemable for statement credit toward travel expenses. Based on your spend patterns, you'd be better off with the EDP even if you just your MR points for a statement credit.
Whether the PRG is a better option for you depends on how much you spend on airfare. But it would have to be enough to counterbalance the extra 1x point on groceries, the lack of a 50% bonus for 30 swipes, and the $80 higher annual fee. I doubt it is.
What about the BCP? It's close.
Gas: $4,800 x 3 percent = $144
Groceries: $1,200 x 6 percent = $72
Other: $4,800 x 1 percent = $48Total: $264
So the BCP would get you $264 in cash back---Close to the EDP, but not quite there. Of course, the EDP has a higher annual fee, which does mean the BCP is the better choice---*If* you only want cash back. If you think you might want to transfer to an airline, I'd go with the EDP, since the difference between the two cards in terms of their cash back rates is relatively small for your spend profile.
What about the no annual fee versions of Blue Cash and EveryDay?
Gas: $4,800 x 1 points = 4,800
Groceries: $1,200 x 2 points = 2,400
Other: $4,800 x 1 point = 4,800
20% Bonus for making 20 swipes per month: 2,400Total: 14,000
Blue Cash Everyday
Gas: $4,800 x 2 percent = $96
Groceries: $1,200 x 3 percent = $36
Other: $4,800 x 1 percent = $48Total: $180
Based on your spend, you'd come out ahead with the annual fee (marginally so with the Blue Cash) compared to the no annual fee version.
(Also, you *could* split your spend between multiple cards to maximize your points/cashback per dollar, but that would make it harder to reach the 25,000 points you need for a domestic Delta flight. If you want to pursue the transfer points option, I'd go all-in on the EDP.)
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