freedom for next card or other alternative?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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beef.stu
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freedom for next card or other alternative?

Postby beef.stu » Wed Jan 23, 2013 6:09 pm

I think im pretty set on adding a freedom to my wallet since I can pair the 5% cash back with the cash back i get from my BCE. Does anyone have a suggestion for better card that I am not seeing?

I like cash back, but I wouldnt be opposed to a points card that has the option to redeem for cash back or giftcards.
[size=60](01/10) - Wells Fargo VISA Platinum
(05/10) - Chevron GEMB
(10/12) - Amex BCE
(02/13) - Chase Freedom VISA
(09/13) - Discover It
(03/14) - Sallie Mae WMC
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cashback
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Postby cashback » Wed Jan 23, 2013 6:18 pm

IMO, the Discover IT is better than Freedom. Both 5% rotators, but there is nothing better than ShopDiscover for online shopping.

Here is my personal order for rewards cards:

1. PenFed Platinum Rewards
2. Discover IT
3. Citi Forward
4. Amex BCP
5. US Bank Cash+
6. Chase Freedom
7. Citi Dividend
8. Amex BCE
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781

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Calipso
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Postby Calipso » Wed Jan 23, 2013 6:46 pm

cashback wrote:IMO, the Discover IT is better than Freedom. Both 5% rotators, but there is nothing better than ShopDiscover for online shopping.

Here is my personal order for rewards cards:

1. PenFed Platinum Rewards
2. Discover IT
3. Citi Forward
4. Amex BCP
5. US Bank Cash+
6. Chase Freedom
7. Citi Dividend
8. Amex BCE


To each their own. I like Chase Freedom better because I can transfer points to Chase Sapphire and then use the points for United or Southwest.
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500


Sevenfeet
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Postby Sevenfeet » Wed Jan 23, 2013 7:03 pm

The Chase Freedom card came today. It's a Mastercard since the Slate it replaced was one as well. This will be my first cash back product and spending by categories. Unless something better comes along, I think the Discover IT will be the next card in a month.
Cards:
American Express Platinum (NPSL)
Penfed Platinum Reward Visa ($28K)
Chase Freedom Visa ($25K)
Fidelity American Express ($20K)
American Express Blue Cash Preferred ($20K)
Bank of America Cash Rewards MasterCard ($20K)
Citi Thank You Preferred Visa ($9.5K)
Chase Sapphire Preferred ($7.5K)
US Bank Cash + Visa Signature ($7K)
Discover IT ($4K)

DavidNY
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Postby DavidNY » Wed Jan 23, 2013 7:03 pm

Both Chase Freedom and Discover It are good cards, I'd give the edge to Chase for Ultimate Rewards.

FutureBillionaire
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Postby FutureBillionaire » Wed Jan 23, 2013 7:10 pm

cashback wrote:IMO, the Discover IT is better than Freedom. Both 5% rotators, but there is nothing better than ShopDiscover for online shopping.

Here is my personal order for rewards cards:

1. PenFed Platinum Rewards
2. Discover IT
3. Citi Forward
4. Amex BCP
5. US Bank Cash+
6. Chase Freedom
7. Citi Dividend
8. Amex BCE


My rank would be:

1. Penfed Platinum Rewards
2. Amex BCP
3. US Bank Cash +
4. Citi Forward
5. Discover IT
6. Chase Freedom
7. Bank of America 123
8. Discover Miles
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

FutureBillionaire
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Postby FutureBillionaire » Wed Jan 23, 2013 7:11 pm

DavidNY wrote:Both Chase Freedom and Discover It are good cards, I'd give the edge to Chase for Ultimate Rewards.


They have a host of retailers. They have most of what you might want. Plus ,they have easy and rewarding redemptions. It's a fantastic card.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape


Randiesel75
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Postby Randiesel75 » Wed Jan 23, 2013 7:45 pm

I see a lot of love for the PenFed card.

If BCP was unlimited on groceries (now capped at 6K), would PenFed still be the winner since there is no annual fee and 5 points on gas (versus 3 for BCP) ?

DavidNY
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Postby DavidNY » Wed Jan 23, 2013 8:03 pm

Randiesel75 wrote:would PenFed still be the winner since there is no annual fee and 5 points on gas


For cash back on gas I think that would be the winner.

The no-fee Sallie Mae MC has 5% off $250/month on groceries, $250/month on gas and $750/month on bookstores such as Amazon.

The winner depends on where you use your card.

cashback
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Postby cashback » Wed Jan 23, 2013 8:31 pm

Randiesel75 wrote:I see a lot of love for the PenFed card.

If BCP was unlimited on groceries (now capped at 6K), would PenFed still be the winner since there is no annual fee and 5 points on gas (versus 3 for BCP) ?


Uncapped BCP is the best card out there with the gift card potential. Capped BCP is just a 4.75% grocery card.
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781



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