- Green Member
- Posts: 17
- Joined: Mon Mar 15, 2010 7:27 pm
- Location: chicago area
Well, I sense I am the dinosaur participating in this thread.
My first two cards were Sears and JCPenney. Applied for both on the same day, and I don't know which was first. This was in 1983, before the great cashback deals and crazy signup bonuses, and even before widespread acceptance of Visa/MC (Sears, for example, didn't accept Visa/MC). Discover wasn't even a twinkle in anyone's eye yet, and AmEx was for really rich people. I do think I got some sort of signup bonus for at least one of the store cards, like a $5 merchandise credit. Yay! After that, it was various gas cards (Clark, Citgo, Shell, etc.) Gas stations, for the most part, didn't accept Visa/MC in those days either, or charged a high premium for paying with a card other than their own. I eventually got a Citi M/C that didn't pay any cashback, IIRC.
My first card of the current rewards era was the Chase Cash Plus card, which gave 5% on gas/grocery/drug, and a $250 signup bonus. That eventually turned into a Chase Freedom card, and I went on to apply for the Citi Driver's Edge Card (6% on gas/grocery/drug (12% for the first year), and 2% on everything else). Thus began the obsession...