- Centurion Member
- Posts: 1589
- Joined: Sun Jun 19, 2011 2:37 pm
- Location: Down South
LadyinRed wrote:I've had my eye on the Sallie Mae card for some time, but actually have been hesitant about it since I haven't seen much posted about it in this forum... haha.
Personally, I have tens of thousands of dollars in loans through Sallie Mae, so that would be a good reason. I think this would pair nicely with the AMEX BCP since now it has a cap. With the BCP, $6,000 divided by 12 is $500, so an extra $250 a month would be nice. Also even if I wanted to just use it for gas, it seems much easier to get than the PenFed card, and I certainly don't spend more than $100 in gas each month.
One more thing about the Sallie Mae card. You get an extra 5% cash back on online purchases through Upromise (it's one of those click and purchase though this link and you'll get a percentage back). I already use Upromise (when the savings outweigh that of the Chase Ultimate Rewards site). BestBuy.com gets 5% through Upromise, which means 10% with the card.
If the 5% back on bookstores counted Amazon.com then... well... there would be no reason not to get this card.
If you have low utilization, I don't see why you wouldn't be able to get a penfed card. I feel like at penfed card is something to get early before you have many cards and high limit. I have two, and I don't have 800 credit. You should give it a shot.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape