Best credit card to earn rewards everywhere

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
13 posts
pswinontario
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Re: Best credit card to earn rewards everywhere

Postby pswinontario » Sun May 03, 2015 5:04 pm

Ok, Let me tell you guyz what I am thinking. ok lets go for Citi DC but here is the fact that I have seen many people with good score getting not decent credit limit.

If I get Citi dc with only 3000 credit limit, that's useless for me as I can use only 270 to keep utilization low. and If I use more than that , increase utilization, not good for credit factor.

and If I pay early to keep utilization low, I will not get additional 1% back on payment as I am paying before billing date.

So that's what I am worried about going toward Citi DC. as I have only 740 fico score.


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CarefulBuilder14
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Re: Best credit card to earn rewards everywhere

Postby CarefulBuilder14 » Sun May 03, 2015 8:39 pm

Vattené wrote:It's fine if you want to completely rule out anything with an annual fee, but realize you could potentially be losing out on rewards if you do. Annual fee cards also have much better introductory bonuses (it takes a lot more to get one to sign up for something with a yearly cost).

Bonuses are good, and if an AF card suits your spending, the ongoing earned rewards can be really nice. When I compared ED and EDP, EDP gave 15k MRs more per year (assuming a 50% bonus every month) for the spending I'd put through it. An extra 15k MRs a year certainly merit a $95 AF!
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

rockyrock
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Re: Best credit card to earn rewards everywhere

Postby rockyrock » Sun May 10, 2015 10:08 am

CarefulBuilder14 wrote:
Vattené wrote:It's fine if you want to completely rule out anything with an annual fee, but realize you could potentially be losing out on rewards if you do. Annual fee cards also have much better introductory bonuses (it takes a lot more to get one to sign up for something with a yearly cost).

Bonuses are good, and if an AF card suits your spending, the ongoing earned rewards can be really nice. When I compared ED and EDP, EDP gave 15k MRs more per year (assuming a 50% bonus every month) for the spending I'd put through it. An extra 15k MRs a year certainly merit a $95 AF!



I'm firmly in this corner as well. Last year on our BCP we spent about $9k for groceries and $2k on gas. Simply by having BCP I netted $125 more than if I would have had the BCE.
American Express (2005): Premier Rewards Gold & Blue Cash Preferred
Chase: Freedom & UA Club USAA: Signature Visa & American Express
Discover it Bank of Hawaii Hawaiian Airlines WEMC Synchrony Sam's MC
Navy FCU Platinum Visa Citi Double Cash & AT&T Access MC



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