Good credit card for gas and groceries w/ FICO score and no annual fee?

For just about anything you want to get off your chest about credit cards.
7055
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Postby 7055 » Sun Mar 30, 2014 9:24 pm

otter wrote:Depends on yout spending habits. Nothing gives you 5% for everything. There are a handful which give 5% for a few things:
(1) Sallie Mae isn't a "raw deal" at least for me... if you use it right(first $250 each for gas and groceries) you should net $25 every month.
(2) Discover, Chase Freedom, and Citi Dividends are all 5% select categories each quarter. I have the Freedom and Discover IT and some quarters are useful for me, others not so useful. Dividend categories aren't good for me, IMHO.
(3) A few other cards let you pick the 5% cats(US Bank Cash+ and PenFed), but they have strict underwriting and I really don't know a lot about them.
(4) All the cards I mentioned and all the ones in my signature give at least 1% for everything.


My bad, I thought you said 0.5% but I mistook the period for a decimal point. That does sound like a good deal...

$25 on $250 is 10% though...


darkguy2
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Postby darkguy2 » Sun Mar 30, 2014 10:33 pm

Unless you have a history I doubt you will get the Sallie May card. I tried to get it after having my IT for a year and they said I needed more history. But YMMV and you may get it.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

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otter
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Postby otter » Sun Mar 30, 2014 10:38 pm

7055 wrote:My bad, I thought you said 0.5% but I mistook the period for a decimal point. That does sound like a good deal...

$25 on $250 is 10% though...


$250 on gas + $250 groceries = $500 X 5% = $25.
In my Wallet:
  • Amex PRG NPSL[3-14, bd 91]
  • Sallie Mae MC $8000[1-14]
  • Chase Freedom $4700[1-14]
  • Discover It $2750[8-13]
  • BoA UCF Alumni Cash Rewards $5000 [3-15]
Sometimes in my Wallet:
  • GM BuyPower WEMC $5000[9-14]
  • Wells Fargo Propel 365 Amex $7000[4-14]
  • Barclaycard Arrival WEMC $7000[3-14]
  • BoA Better Balance $3000[2-15]
In my sockdrawer: Amex BCE $1000[10-13, bd 91], OCCU Duck $10000 [11-13], The Sportsman's Guide Visa $8000[8-14], Chase Slate $4000 [9-14]Delta Gold Amex $2000 [2-15 bd 91], Diners Club MC $20000 [10-14] Commerce Bank Visa $2000 [3-15] Citi Double Cash $1000 [3-15]
Total CL: $90450

linuxmachine
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Postby linuxmachine » Sun Mar 30, 2014 10:51 pm

otter wrote:$250 on gas + $250 groceries = $500 X 5% = $25.


It's 250 combined :-(

darkguy2
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Postby darkguy2 » Sun Mar 30, 2014 11:10 pm

linuxmachine wrote:It's 250 combined :-(


From the card page.

"5% gasoline category rewards are earned on the first $250 net purchases made per monthly billing cycle at eligible gas stations and service stations. 5% groceries category rewards are earned on the first $250 net purchases made per monthly billing cycle at eligible grocery stores and super markets."
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

linuxmachine
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Postby linuxmachine » Mon Mar 31, 2014 1:16 am

darkguy2 wrote:From the card page.

"5% gasoline category rewards are earned on the first $250 net purchases made per monthly billing cycle at eligible gas stations and service stations. 5% groceries category rewards are earned on the first $250 net purchases made per monthly billing cycle at eligible grocery stores and super markets."


Woah... that's pretty nice. I thought it was combined!

darkguy2
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Postby darkguy2 » Mon Mar 31, 2014 1:48 am

Yea wish I could get it. So far it is the only card I have applied for and got denied.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

MemberSince99
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Postby MemberSince99 » Mon Mar 31, 2014 6:01 am

Yeah I thought so too that is nice. If you combine that with Arrival you would get a minimum 2% across the board right on up to 5% for the categories.

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otter
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Postby otter » Mon Mar 31, 2014 8:01 am

linuxmachine wrote:It's 250 combined :-(


darkguy2 wrote:From the card page.
"5% gasoline category rewards are earned on the first $250 net purchases made per monthly billing cycle at eligible gas stations and service stations. 5% groceries category rewards are earned on the first $250 net purchases made per monthly billing cycle at eligible grocery stores and super markets."


Yes... darkguy is correct! Trust me, I've done the max every month. $25 a month. That's why it helps to read the fine print.
In my Wallet:
  • Amex PRG NPSL[3-14, bd 91]
  • Sallie Mae MC $8000[1-14]
  • Chase Freedom $4700[1-14]
  • Discover It $2750[8-13]
  • BoA UCF Alumni Cash Rewards $5000 [3-15]
Sometimes in my Wallet:
  • GM BuyPower WEMC $5000[9-14]
  • Wells Fargo Propel 365 Amex $7000[4-14]
  • Barclaycard Arrival WEMC $7000[3-14]
  • BoA Better Balance $3000[2-15]
In my sockdrawer: Amex BCE $1000[10-13, bd 91], OCCU Duck $10000 [11-13], The Sportsman's Guide Visa $8000[8-14], Chase Slate $4000 [9-14]Delta Gold Amex $2000 [2-15 bd 91], Diners Club MC $20000 [10-14] Commerce Bank Visa $2000 [3-15] Citi Double Cash $1000 [3-15]
Total CL: $90450

takeshi
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Postby takeshi » Mon Mar 31, 2014 10:02 am

7055 wrote:Was reading some fine print and found out the credit score they give you for the Dicover IT is based only on information from Transunion instead of all three.

A score is always based on data from a single CRA. No score factors in all 3.



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