- Centurion Member
- Posts: 4041
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
CarefulBuilder14 wrote:Do others find my last post confusing? I was trying to illustrate how, in a community where most people have many cards, a no-bonus 2% card can have a fairly low marginal rewards benefit.
I don't find it confusing. But we can paint ourselves into a corner comparing marginal benefits only. Just as one can argue that the extra in 2% yields a small marginal benefit on noncatgory spend since category cards give you a 1% on noncategory spend anyway, one can just as easily argue that equally makes the benefit of other rewards cards marginal (over a 2% card) since the non-AF ones with a constant category have at best a 3% return in the given category. 2% over 1% is just as marginal as 3% over 2%.
I'm not a fan of 3% category cards, either...unless there's a signup bonus, perks, and/or the opportunity to earn more than 3% in certain circumstances.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech