- Posts: 1
- Joined: Fri Jun 21, 2013 3:22 pm
- Location: Boston, MA
I recent conversation with my brother got me thinking about credit card rewards, which I had never thought of before. I quick look at my rewards for my Citi Dividend Student Card made me realize I had $50 that I could redeem as a check. Huzzah!
That took me almost two years to reach, but I also wasn't using my card much because I didn't know about rewards. But looking at the reward opportunities, I was pretty disappointed: 5% for all purchases within quarterly categories (which never apply to me) and 1% for all other purchases. Pretty standard, but I think I could do better with other options out there.
I've done some research, but between all the reward programs and card stipulations, I'm not sure what's best for me. Could someone recommend me a card with opportunity to get more cash back than what I already have?
Some relevant info about me: most of my spending is concentrated in Amazon, restaurants, books, and music. I spend on average $400-500 a month. I have a checking account with Schwab and a savings account with Capital One 360 (formerly ING Direct). I'm a college student, 20 years old, with excellent credit (>700).
I'd prefer a card with no annual fee, because any rewards I incur would likely be nullified by the fee. A card with no foreign transaction fee would also be awesome, but not necessary.
Any help or suggestions would be appreciated. Thanks!
Also: would a credit card with rewards towards travel (like the Capital One Venture Card) be worth it at my rate of spending?