Reply
Regular Contributor
SpiceIslander
Posts: 331
Registered: ‎02-01-2010
0

Re: Disliking revolving category cards


SuperKirby wrote:

Probably just me, but revolving category cards have given me a slight headache. I guess I like to manage my expenses in detail on spreadsheets, and the changing categories (i.e. Freedom, Discover) makes it annoying. Just a rant @ 3 in the morn, anyone feel the same? =)


That's precisely why I LOVE my BCP! It fits my spending and the categories never change. I use Discover ONLY when they have a 5% category that appeals to me. For the next 3 months Discover gets my gas purchases. It's highly unlikely but if I ever hit the 6000.00 grocery ceiling with my BCP, I'll switch groceries to Barclay's/Sallie Mae.

Meg.

FICO: 04/2014 - TU 765 | EQ ??? | EX 768

Amex BCP 12900 | Lowes 10,000 | LOC 9300 | Sallie Mae/Barclays World MC 9000 | FNBO 8900 | BOA Platinum+ 6000 | Citi Simplicity 5200 | Chase CSP 5000 | Achieva CU 4000 | Discover 4000 | Sam's Club 3000 | Sears 900
Super Contributor
Ron1
Posts: 5,097
Registered: ‎05-23-2009
0

Re: Disliking revolving category cards


MamboItaliano wrote:

I think we'd all like 5% off gas purchases year-round, but that's not happening. 


Yes, you can.  Penfed Cash Rewards gives 5% cahs back on gas.

 

 

https://www.penfed.org/Platinum-Cash-Rewards/

 

 

Ron.

Frequent Contributor
Dubious
Posts: 271
Registered: ‎02-10-2013
0

Re: Disliking revolving category cards


Open123 wrote:

From my perspective, I just SD them until a category I like pops up.  For example, last year when Discover had 5% for online purchases, I just used amznpayments for the allocation.  Easy 5%.  Aside from that, I'd agree with you there's very limited utility, especially since the caps are so abysmally limiting rendering these as nothing more than "novelty" cards.

 

Even for gas, unless it's 5% from Freedom, I'd prefer the Inks 2X UR over the 5% cash/credit options.  For a pure gas card, you guys really should look into the Fort Knox one.


This is pretty much what I do. I just have the Discover but I only bring it out when the categories are useful. Used it for the online shopping last year and restaurants earlier this year. 


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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}