Credit Cards Center Credit cards from our partners
Reply
Frequent Contributor
Posts: 403
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: 4/2016 - TU 841 | EQ 840 | EX 837

FNBO 23,600 | Amex SPG 13,900 | Amex BCP 13,400 | Barclays/Sallie Mae13,000 | Discover IT 12,500 | Lowes 10,000 | PLOC 9,300 | NASA FCU 8,700 | Citi Simplicity 6,200 | BOA Platinum+ 6,000 | Achieva CU 5,500 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
Super Contributor
Posts: 8,180
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.

Highlighted
Frequent Contributor
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. 

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.