7055 wrote:Sallie Mae sounds like a raw deal considering Discover IT does 1% or 5% on everything unless they have something else going for them. Looking into the Barclaycard now
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.
In my Wallet:
Sometimes 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]
- 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