Credit Card Center Advertiser Disclosure†
05-27-2013 08:43 AM
05-27-2013 08:50 AM
05-27-2013 08:56 AM
Agreed. I have that card as well,. it was my first Citi card.
Not too many of the point structures have changed. But many should be added.
Hefty $125 AF.... I like TY. It's not a favorite if too many. But it's simple. Even to an Engineer... It just makes sense. (Next easiest is the cash rewards...and why the low cap...gheez)
I heard at one time they were discontinuing the Premier. Guess that has changed... We'll leave that for another thread.
Thanks...have a great extended wkend.
Glad you think it is simple! I think LOTS of things are non-obvious, e.g.When do you flight points: With a) tickets you buy outright, b) tickets you buy with the 15% discount,
c) tickets you redeem with a mixture of TYP at 1.33 and cash, d) tickets you redeem just with TYP at 1.33? And what type of points can you use to "convert" flight points into TY
I THINK I know the answers now, but there is no clear explanation (and the role of bonus points changed).
That's why I think it is overly complex, but obviously YMMV!
05-27-2013 01:24 PM
05-27-2013 01:30 PM - edited 05-27-2013 01:30 PM
The best card under any circumstances is the PSECU Visa. 9.9%, you can cash advance your entire credit line for no fee and same interest rate, no other fees except 1% foreign transaction fee and a $20 late fee. True, there aren't rewards but who cares with these benefits. Plus it can be combined with a PSL which reports as another trade line. Also, PSECU has the best CDs on the market. 1.5% for 60 months, and you can add $ anytime. Breaking the CD only costs last six months of interest. This is a much better deal than any online savings account now offered.
The best card under some circumstances perhaps, but the no-rewards bit is a killer for the discussion at hand, can do better on the APR, and I'm struggling to find a reason to cash advance my entire credit line at 9.9% for any reason. Cash downpayment on a subprime auto loan?
Plus it's sort of limiting that you have to live in PA.... .
05-27-2013 02:11 PM
"I understand all that! I was wondering why YOU prefer Venture over Priceline/Fid Amex. FTF is a good answer, but wonder if there are others. For other purposes, Venture seems to me to be an inferior card."
I don't prefer Venture to either of those cards. The only one of the three I would ever get is the Fidelity...and I constantly wonder whyI still haven't gotten it since I have a Fidelity account.
05-27-2013 02:53 PM
05-27-2013 03:18 PM
I think it's very difficult to say what's the single best card of them all for anyone since everyone's needs are different. Good thing there are so many different cards out there. For me, I've been working the CSP+freedom combo like nobody's business. I use the UR mall to do as much of my normal online shopping as possible and try to take advantage of the categories on the freedom to the cap. If all goes well and it gets me and DH to Europe, I'd say that more than makes up for the AF, which you don't have to pay for the first year.
05-27-2013 03:27 PM
Not to give a cop-out answer to the OP's topic but there is no best card.
The best card is the one that gives the most of what you want....be it rewards, low interest or another special feature like the one mentioned above whereby you get cash advances without fee. It's what matters to YOU.
I'm not very good in terms of knowledge with non-rewards cards. Rewards is what I know about. And even there, it depends on what you want.
Are you a frequent traveler? Flyer or just Hotels? A cash-back hourder? A high spender in certain popular bonus categories? A loyal customer to a certain hotel?
The answers vary widely depending on what you are. Moreover, "The Best" might end up being a combination of cards. It's not one-size-fits-all.
05-27-2013 03:51 PM
Conitinuing on the thought of my previous post above, in which I state the obvious: There's is no single best card for everyone, let's break down categories:
All-Around Utlility card for Travel Rewards...especially for the frequent traveler: I'd say either CSP or PRG. You extra points for travel spending and other categories and the points are valuable when properly redeemed. The points also transfer to many partner programs. That's where they really shine.
If I had to pick one, it'd prolly be the CSP because of better acceptance and a lower annual fee. AND, if you don't put $30k per year, it's more forgiving considering the AF.
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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.