- Centurion Member
- Posts: 3757
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
charged wrote:Hi, I use a rewards card right now, and am considering getting one more card from a different company.
For example I see that Amex offers the blue cash everyday with cashback and the everyday which offers points. In a situation where cards offer points how do I know which is the better deal? With cash back they explain to me clearly how much I'm getting, 1.5%, 3%, ect. I'm not understanding what the reward is with points.
Points on the EveryDay (aka MR points) can potentially become points in certain frequent flyer and hotel loyalty programs. Loyalty points can potentially be worth more than 1 cent per point when you redeem for airfare (or, in some very limited cases, hotel rooms).
There are all kinds of risks, restrictions, and complications in doing this.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when