- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
If you're using strictly cashback (or points where each point equals 1 cent cashback), then you should not settle for anything less than 2% (2 points/dollar), which you can obtain with Fidelity Amex and I'm sure other cards.
The best you can hope for from a card with rotating categories (Discover, Chase Freedom) is 5%. Use these cards for the 5% only; why would you accept 1% in "other" categories when you can get 2% elsewhere?
Finally, when shopping online, use your cards' points malls to access the websites where you shop. For instance, I just spent $330 at ebags.com after accessing the website from the WorldPoints mall charging to my Fidelity Amex. For that transaction I will earn the regular 2% cashback ($6.60) plus another 9% ($29.70).
If you do all of the above, your nominal cashback for an entire year could come out to 3-4% or more, depending upon how much you spend, on what and where.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.