Credit Card Forum
  1. #1
    Green Member
    Join Date
    Oct 2012
    Location
    san francisco
    Posts
    1

    Lightbulb Best cashback/airline card for 700 credit score?

    Hi,

    I am looking to get a credit card with the maximum cashback or airline miles for any airline in the US.

    I have a 700 credit score.

    The vast majority of my purchases done via credit card are 80% food/restaurants, 10% travel and 10% misc

    Thanks in advance
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  2. #2
    Platinum Member
    Join Date
    Jun 2012
    Location
    Las Vegas
    Posts
    82

    Default

    look into Amex Sky and Cap1 Venture.
    Both cards come with and without AF.
    Cap! QuickSilver VISA 2005 $6500
    Chase Freedom MC 2006 $5000
    Amex Sky 1999 $2000
    BCE 1999 $8800
    NFL 2013 $1500
    Discover IT 2013 $3500
    FICO July 16/2012 ---- 742 Experian (Amex)
    BK comes off ---- 9/2014
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  3. #3
    Centurion Member
    Join Date
    Aug 2011
    Location
    Phoenix
    Posts
    955

    Default

    As DeceasedArachnid said:

    Airline: Capital One Venture ($49 annual fee) as you can earn 2 points towards airline travel on any airline. AMEX Blue Sky and Blue Sky Preferred ($75 annual fee) can also be used for any airline.

    Cash Back: I would suggest the new US Bank Cash + Visa Signature as you can chose your 5% catagories, which for you would be restaurants/fast food restaurants and then you could use your other 5% bonus for utilities and then choose your 2% catagory as either groceries or gas. If by food you meant grocery stores than I would recommend the BofA BankAmericard Cash Rewards Visa card as you earn 3% on gas, 2% on groceries and 1% on everything else. AMEX Blue Cash Everyday (BCE) has a similar structure if you don't mind the AMEX network and having your cash reward credited to your account. AMEX Blue Cash Preferred ($75 annual fee) gives up to 6% back on groceries but I hear there are some changes coming wherein the 6% on groceries ends after $6,000 spend and 1% for groceries after $6,000. With BofA you can have your cashback credited to a bank account (you get an addl 10% bonus if you credit the cash back to your BofA checking account) credited to your card account or have a check mailed. If you have a US Bank checking account you can have your Cash + cashback credited to your US Bank checking account and they are currently offering a $25 bonus if you cash out in $100 increments. If you do not have a US Bank checking account it is my understanding that the cash back gets credited to the account balance or you can have them mail Visa Debit cards.

    Just be sure to read the terms and conditions for the cash back to determine how they give you your cashback. I personally do not like having the bank credit your credit card account (AMEX, US Bank-unless you have a US Bank checking account). So I prefer the BofA, Chase Freedom (offered 5% for an entire quarter on groceries), Discover (lately only offers one month of 5% groceries) and CItibank DIvidend (didn't offer 5% on groceries at all in 2012) because they will mail me a check to do with as I please. But that is just me. If you don't mind having the reward credited to the card account balance than go for it.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  4. Centurion Member
    Join Date
    Jun 2011
    Location
    New York state
    Posts
    1,381

    Default

    CC did you mean 59.00 or did capital1 recently become generous and lowered
    the annual fee on the Blue venture card to 49.00?
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  5. #5
    Centurion Member
    Join Date
    Jun 2011
    Location
    New York state
    Posts
    1,381

    Default

    I can't rember a time when capital1 became generous.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  6. #6
    Centurion Member
    Join Date
    Aug 2011
    Location
    Phoenix
    Posts
    955

    Default

    Quote Originally Posted by Money card View Post
    CC did you mean 59.00 or did capital1 recently become generous and lowered
    the annual fee on the Blue venture card to 49.00?
    You are correct. $0 annual fee for the first year, $59 thereafter. Still a pretty low annual fee for what is considered one of the best travel airline cards on the market.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  7. #7
    Gold Member
    Join Date
    Oct 2012
    Location
    USA
    Posts
    40

    Default

    I have the Capital One Venture card. No annual fees, period. This is the gold one and mine has the MasterCard logo.

    I used to have the Capital One Platinum card, which was billing me an annual fee of $29 / year. I asked to upgrade it and was approved for this Venture Platinum one. No more annual fees and I kept my credit limit ($3250). I had this card since 2007... the first card I got after my BK was discharged. When I looked at my credit report, it shows me as having this account since 2007.

    I recommend you call your other credit card companies and see if they can do something similar, too. In fact ,Wells Fargo did it for me... upgraded my Secured CC to a Platinum cash back one with a $500 credit limit. This was in 2010. Today, that same CC has a credit limit of $5000.

    My secret? charge everything - groceries, gas, etc... and PAY IT IN FULL at the end of each month! I rarely carry a balance and when I do, it's below 10% of my credit limit!
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  8. Centurion Member
    Join Date
    Jul 2011
    Location
    New York
    Posts
    1,341

    Default

    Quote Originally Posted by danodano View Post
    I am looking to get a credit card with the maximum cashback or airline miles for any airline in the US.
    Thanks in advance
    If you value miles at less than two cents per dollar spent, look for a cash back card that gives you two cents per dollar spent on everything, like a Fidelity Amex or Barclaycard Priceline card. These cards also have no annual fee. CC Deville made some good suggestions too.

    There are also cards with perks for particular airlines, so check those out as well if you have a favorite carrier.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

  9. #9
    Green Member
    Join Date
    Jun 2012
    Location
    East Coast / West Coast
    Posts
    6

    Default

    For straight cash back, go for US Bank Cash+ because of their great self-selected 5%/2% quarterly combo. For miles, go for the Starwood Amex which effectively earns 1.25 points per dollar and transfers to over twenty different programs. Those are two tough cards to get but they're the best for cashback/miles in my opinion.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
    Reply With Quote Reply With Quote

+ Reply to Thread
 
These forum posts are not provided or commissioned by the bank advertiser. Posts have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Advertiser Disclosure: The credit card offers that appear on this site are from credit card issuers from which CreditCardForum.com receives compensation. This compensation may impact how and where products appear on this site, including the order in which they may appear within listing categories. CreditCardForum.com does not include all credit card offers that might be available to consumers in the marketplace.