I am looking to get another credit card, but to be a cash back credit card. I currently have three credit cards. One from Bank of America (Bankamerica Visa Card) that I got my senior year of high school in 2009, with a limit of $700. Another from Barclay's (Barclaycard Financing Visa Card) that I got last September in 2012, with a limit of $4k, and another from Macy's (Macy's Credit Card) with a limit of $300, sometime back in December 2012. I am 22 years old, and a college student.
I have been doing some research on cash back cards, but I want opinions of others because some of you have the cards and have actually seen cash back. Background information on my spending is that I spend a lot. I like to go out to eat a lot, and I use my cards on gas and anything. I have paid off all my credit cards, so there is nothing on them, I usually pay the balance or keep it empty. I plan on not using my other cards anymore, but will not be canceling them, as soon as I can get a cash back card.
I am stuck between the Costco one and any other ones. I prefer cash back more than travel and what not, as I don't travel. I would like no annual fee, but if there are great perks, then I don't mind paying it. Balance transfers, what not, don't matter because I don't deal with it. As for APR, low APR is great, but I plan on buying what I can pay only.
Sorry for the long post, thank you.