mrow wrote:If you think you'd use gift cards then you're really better off getting a BCP and buying those GCs at a grocery store. The first $6,000 worth each year are 6% cash back. If you don't travel MR cards are not the cards for you.
My spending currently varies a bit too much to really justify cards with annual fees. I'm a bit worried that right after I get a BCP that Chase and Discover (no AF) will start to offer 5.5%/5% cash back on groceries. BCE is reasonable, though.
I agree that MR points, long term, are probably not best for me when I can get cash. Still, though, getting an extra 50,000 of them is hard to beat (as far as I know) with an 'introductory bonus' on a different card.
I'm a bit reluctant to take the gift card route for regular purchases long-term as my spending habits change. Plus, I could get to Lowes and find they're out of the particular thing I want - and then find out that another store has it in stock or cheaper.