Midori wrote:USBank Cash Plus, but I stopped thinking about them when people started talking about how less competitive they had become.
Unfortunately, everyone does indeed say that. The only reason I ever hear is because they took away the bill pay category because it was being abused. I'm not entirely sure if you can choose the same categories every quarter, and for the 5% cash back categories you have a cap of $2000. The 2% cash back categories (which are both gas and also groceries) have no cap. You can only choose one however, vs being able to choose two 5% categories. So you could rotate them like 1 quarter gas, another quarter groceries, etc.
Personally, I think the USBank Cash Plus is still one of the better rewards cards, simply because it's customizable unlike a lot of rewards cards. That being said, there are definitely better gas and groceries cards. The Costco True earnings card for example give 3% cash back for gas at a cap of $4000/year. That could be useful because you wouldn't be using it all the time at the pump since you have other cards with rotating categories.
In fact, AMEX actually probably has a lot of cards that you would like for these purchases. It's too bad your local grocery store doesn't accept them
. It's 2013! Anyways, there's a BofA card that you could look into. It's the cash rewards one, found Here.
3% on gas, 2% on groceries, it has a cap of $1,500 in combined gas & groceries, but only per quarter. You also earn a 10% bonus when you redeem the rewards directly into your BofA checking or savings account (although I'm not sure if you have one of those or not). Since you're already a BofA cardholder, it would be something to look into. The real nice part is you get a $100 cash rewards bonus if you spend $500 within the first 90 days.
Hope this helps!