@h4ldol wrote:The first 3 will be my main cards, and I'm excited to start earning cash back. I'll use my Amex BCE for gas, my Chase Freedom based on rotating categories, then transfer the point to my CSP to give 1:1 to other partners.
Why BCE for gas instead of your BoA? The BoA gets 3% for gas and the BCE only 2%, and vice versa for groceries. So, to maximize cashback it's better to use BoA Cash Rewards for gas and BCE for groceries. Also, BoA credits your rewards at the end of the billing cycle (e.g. very fast) as opposed to AMEX, which can take a couple cycles to get.
I don't buy groceries, lol. I prefer my BCE (larger limit, plus it's AMEX) and want to use it often to keep it active, where as the BoA was a card I never used and was surprised when they PC'd it to the 123 Cash Rewards (previously a Platinum select - no rewards at all). Unfortunately (or I guess, fortunately) my ONLY expense right now is gas. It's the only thing I buy, everything else is taken care of. So if I want to use my BCE and keep AMEX happy, I can only do it with gas...but I guess I will use both BCE and BoA for gas until the Freedom is 5% on gas.
Starting Score: 583 (CreditKarma, 2009)