Citi ThankYou Premier (Citi was included as well I believe. Prequalifed for @ 15.74)
Disocver IT (Prequalified @ 12.49)
BOA Premium Rewards (BOA was included in a BK back in 90's have previously received mailer for Cash Rewards)
AMEX PRG
Capital one Quicksliver (Prequalified @ 14.24)
Spending anywhere about 3000 per month will always PIF. Picked these also because they have no FTF fee. We dont travel that much.
Looking for Mom CS High 700s. AAOA 5YRS
@Harvey26 wrote:@Anonymous ThankYou Premier (Citi was included as well I believe. Prequalifed for @ 15.74)
@Disocver IT (Prequalified @ 12.49)
BOA Premium Rewards (BOA was included in a BK back in 90's have previously received mailer for Cash Rewards)
AMEX PRG
@Anonymous one Quicksliver (Prequalified @ 14.24)
Spending anywhere about 3000 per month will always PIF. Picked these also because they have no FTF fee. We dont travel that much.
Looking for Mom CS High 700s. AAOA 5YRS
As others have stated, "best" is going to depend on a lot of things. Trying to build up points with Singapore Airlines? The Citi or Amex are great for that, but there may be different versions of the cards that Amex and Citi may offer that may make more sense depending on what you spend your money on. Discover IT is great for 2% or more effective cash back the first year, but may not be very useful for some people after that. BoA Premium Rewards is a fantastic (and hard to top) card if you have significant balances in BoA, Merrill Lynch and/or Merrill Edge accounts. Quicksilver is a very mediocre 1.5% back on everything card. Those cards span a lot of different card types.
You seem focused on the APRs which frankly aren't that good for rewards cards in general. If APR is the most important thing to you, check out some CU cards that have really low rates.
You failed to share how and where you spend your money, which is the most important factor in determining which is best. You should have no problem meeting the sign-on bonus requirements of any of these cards so that will be almost as important at least during the first year. If you have a signifcant banking relationship with BofA, that card blows away the Discover & Capital One cards (and probably the others as well).
@Anonymous wrote:I think for people to give really good advise they need to know A bit more. Will she always pay in full? What types of things does she spend on the most? Does she travel a lot? Or just looking for cash back? For each person and their habits a different card may be best. Does she just want one card for all? Or maximize with a couple cards? More info and I bet people on here will give great advise.
Better for rewards or cash back. Which ever is the most bang for our buck. Just one credit card she is only likes having one Major Credit Card.
@happypill wrote:You seem focused on the APRs which frankly aren't that good for rewards cards in general. If APR is the most important thing to you, check out some CU cards that have really low rates.
You failed to share how and where you spend your money, which is the most important factor in determining which is best. You should have no problem meeting the sign-on bonus requirements of any of these cards so that will be almost as important at least during the first year. If you have a signifcant banking relationship with BofA, that card blows away the Discover & Capital One cards (and probably the others as well).
Didnt list a spend because its all over tbh lol... I do know that alot of it is grocery spend but everything is random stuff
@happypill wrote:You seem focused on the APRs which frankly aren't that good for rewards cards in general. If APR is the most important thing to you, check out some CU cards that have really low rates.
You failed to share how and where you spend your money, which is the most important factor in determining which is best. You should have no problem meeting the sign-on bonus requirements of any of these cards so that will be almost as important at least during the first year. If you have a signifcant banking relationship with BofA, that card blows away the Discover & Capital One cards (and probably the others as well).
We really dont care about APR as they are PIF I just listed those as data points.
If your Mom just wants one card, I'd suggest Visa or MC, as they're likely to be accepted everywhere. Every now & again, I'll be at a merchant that doesn't accept Amex or Discover. But I've never encountered a merchant that accepts Discover or Amex and not the other two.
I did note your 'minimal travel' comment (which implies some travel) -- while I believe that Visa's more accepted globally, I've absolutely nothing by way of stats or research to back that up.
