Let's review the Quicken card's rewards program for a comparison.
[imga=Quicken credit card rewards program"]http://creditcardforum.com/images/cards/misc/quicken-credit-card-rewards.png[/imga]
- For cash rebates, to get 1 penny per point you will need to redeem in increments of $100. However you can still get the same value with $50 gift cards.
- The rewards value on the TurboTax and Quicken products is great, equaling out to be a boost of 15% to 20% (i.e 5,000 points for $59.95 TurboTax Deluxe). Though on the flip side as you pointed out, you can usually find coupon codes during tax season and many credit card shopping programs, such as ShopDiscover, give 10% or more cash back at TurboTax.com.
- The airline ticket options have the potential to give above 1 cent per point. However one must subtract the $15 fee for booking through Maritz. This is a good option if the price of the airline ticket is very close to the upper end of a tier.
- A maximum of 60,000 points can be earned per year with the Quicken credit card.
This card could be a great choice if you spend significantly in those 4 categories which give 2x points. The 60,000 point rewards ceiling won't be a problem for most people. The 5x points at Quicken is great but that would probably benefit businesses (which spend a lot through them) versus the typical individual. You may also wish to review the Blue Cash Preferred and Everyday
which give high cash back in some of these categories, too. Good luck!