BCE vs. Freedom?

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cleverpig421
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BCE vs. Freedom?

Postby cleverpig421 » Thu Dec 20, 2012 9:45 pm

Hi all,

I've been reading the forums, but this is my first post here. Recently I've got mail offers for Amex BCE and Chase Freedom. Any ideas on which one to choose?

Most of my spend goes to supermarkets, air tickets and online shopping (e.g. Amazon). The rotating 5% categories of Freedom doesn't include these, so BCE seems to be a better choice. But someone told me Freedom has better offers about air tickets and Amazon, how does that work?

Also, how serious do you think these pre-offers are? Do they mean my credit score has hit their requirement? I came to US last year and has only 8 mos credit history, so I'm afraid I'll be rejected.

Any suggestion will be appreciated. Thank you :oooo


nishant
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Postby nishant » Fri Dec 21, 2012 12:35 pm

I find Chase Freedom better than Amex Blue Cash Everyday. Accepted in most places. You can combine points with other Chase to get rewards faster.
Chase does offer 5% on airline in one quarter in a year. So if you time one ticket for say $400, you get $20 effortlessly. For 2013, Chase Freedom has Q4- for 5% on Amazon. Ideal for holiday shopping.

FutureBillionaire
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Postby FutureBillionaire » Fri Dec 21, 2012 12:56 pm

Get a blue cash preferred and get gift cards to the places that you need to shop. Done and done.
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


Money card
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Postby Money card » Thu Dec 27, 2012 8:11 pm

if your only using a credit card for grocery stores, gas stations and department stores the Blue cash basic card would be the route to go.
but for restaurants, gas stations, fashion , barnes and nobles , getting your car fixed either card will work.
I guess it all depends on what you use your cards for. since you metioned grocery stores and travel. I would go for American express and theres a reason why?

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Terry
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Postby Terry » Thu Dec 27, 2012 8:36 pm

I have both cards and choose the one that gives the most rewards at the time of purchase.
AMEX Green Card - NPSL [Member Since 1995] ;)
AMEX Everyday Card ($25,000) 6/14 Backdated to 1995 - For 20% Extra Points Benefit
Chase Freedom Visa Signature ($17,000) - For 5% rotating categories
Citi ThankYou Preferred Visa Signature ($16,000) - 2% dining
Discover IT Humane Society Design ($16,500) - For 5% rotating categories
Firestone ($2,600) - For 0% financing
Home Depot ($10,000) - For 0% financing
JCPenney Credit Card ($7,000) - For special discounts
Sam's Club MasterCard - ($20,000) - 5% off gas at any fuel pump
Wells Fargo Personal Line of Credit - ($15,000)

FICO's - 767 EX, 778 EQ, 790 TU [02/2015]

peaches
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Postby peaches » Sun Dec 30, 2012 9:36 am

Terry wrote:I have both cards and choose the one that gives the most rewards at the time of purchase.


+1

I would get both since it rewards you for different things.

cleverpig421
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Postby cleverpig421 » Wed Jan 02, 2013 12:27 pm

Thank you guys for the suggestions. I've applied for both. Instantly approved by BCE and still waiting for Freedom~


RewardHop
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Postby RewardHop » Thu Jan 03, 2013 4:37 pm

Call the recon line for Freedom, they can probably push it through immediately for you.

cleverpig421
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Postby cleverpig421 » Fri Jan 04, 2013 5:48 pm

RewardHop wrote:Call the recon line for Freedom, they can probably push it through immediately for you.


Thanks for that. Checked the status today. Approved for freedom.

nishant
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Postby nishant » Sat Jan 05, 2013 11:52 am

The issue with BCE is whether you get 3% on grocery or not is dependent of whether the merchant is categorized as grocery or not so if you buy grocery from a shop with MCC not matching, you land up in just 1%.

Chase freedom offers 5% on gas for 6 months- two quarters a year. Assuming uniform expenditure, that alone makes it average 3 % per month- average of 5% and 1% whereas BCE gives only 2%.

Both cards offer 1% on everything else.



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