Vattené wrote:If I were solely getting rewards in the form of cash back, in theory I wouldn't have a problem with a guaranteed 2% card. This is my personal preference, but I like building up rewards - even cash back - to redeem in large amounts anyway and for a specific thing. Yes, I could take it as soon as possible and I understand the argument that one should get the cash as soon as they can, but if I'm going to devote this much time to credit card rewards I want to "feel it." If I just took a statement credit as soon as possible I wouldn't even notice it, in terms of my bank account. So, I'd have no problem waiting a long time to reach a redemption threshold.
However, I'd still be a little hesitant to get too many category cards because I wouldn't want it to impact my spending. I'm invested in MR anyway, so I'm happy with ED as a general spend card.
What makes you stick with ED vs. EDP? I've been curious about that. How many swipes a month do you average? What other factors do you consider in that decision?