04-04-2013 06:07 PM
Depending on how much you spend on groceries take a look at the Amex BCP. 6% there and the 3% back on gas would be very good for the 6-9 months of the year it's not a Freedom category.
04-04-2013 06:38 PM
04-05-2013 07:32 PM
04-05-2013 07:44 PM
I chose the grocery category as my 2% category on my Cash+ card, and my local Walmart & Target Supercenters are both recognized as grocery for my purchases. The nice part is that there is no cap on the 2% category rewards. And until August 10th, I'm actually getting 2.75% cash back on grocery since I have a platinum checking pkg. and I also only redeem my rewards in $100 increments so that I get the $25 bonus.
My DH has a BofA Cash Rewards card and that also provides 2% cash back on grocery purchases (including Walmart & Target Superstores), but there is the cap of $1500 per quarter.
04-05-2013 07:55 PM
We spend a lot on groceries, so the cap on the BCP was a problem.
My plan was to use BCP for the first $6K each year, then switch to the Penfed Platinum Rewards at 3% for the rest (this is uncapped and can also be used abroad). That will probably be my plan next year now, since I got the TYP which has 5x on groceries for 12 months.
I'm hoping another time-limited good offer comes before that expires!
There are other good offers out there depending on spend, e.g. Sallie Mae is 5% on the first $250 grocery spend per month, which can be fine for a single (or people who eat out a lot rather than buy groceries!).
But as the OP says, Chase aren't really in this field, except sometimes as a category in Freedom, which is limited to $75 per quarter.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO