I would like an opinion over which card is a better moneymaker.
Cap One gives1.5% over all purchases.
Chase Freedom gives 5% in quarterly categories and 1% on all other purchases.
Since I have Chase checking I also get the 10% annual bonus, thus making it 5.5% and 1.1%.
I use the quarterly categories sometimes, like restaurants and drug stores. However, some of the other categories are not ones I care about.
We do have medical bills which pay more on the 1.5% Cap One.
My problem is that I have too many really good
credit cards, and already use AMEX Blue for groceries and gas, and Costco AMEX for Costco and restaurants.
I also have Discover IT.
I would like to cut regular wallet usage down to the two AMEX cards and one other
I just don't know how to do this, without giving up some category or reward.
I really do NOT want to carry four credit cards or play credit card musical chairs (which I am tired of doing).
I would like to really 'settle down' with the two AMEX cards and only one of Cap One or Freedom in the wallet (becuase you need a MC or Visa). I would 'sock-drawer' the others and use them once in a while to keep them active.