chefsteph wrote:I have a BofA account w/ Gold Preferred Reward status for their preferred rewards program, so I could potentially get a 25% rewards bonus if I get the BofA Cash Rewards card. I don't see myself hitting the platinum or platinum honors rewards status ever because that'd be too much liquidity in my bank account so the gold status is as good as it's gonna get!
On the other hand, Citi Double Cash has one of the best flat rate cash back rewards I've seen at 2% (1% purchase + 1% bill pay) so that's also an enticing offer leading me to the dilemma I am in now.
Discover, with extra rewards, beats Double Cash hands down for the next year.
As far as BofA Preferred Rewards, you can also have balances in a Merrill Edge account contribute to your "asset pool". I've read some really bad things about Merrill Edge and personally choose to avoid it. My point is simply that investments can count, too - not just liquid funds in checking and savings.