Re: Next step?[ Edited ]
12-09-2012 04:25 PM - edited 12-09-2012 05:33 PM
For dining options include:
1) US Bank Cash Plus. You can choose 5% off restaurants all the time (as compared to rotating quarters) Disadvantage is that unusually this card has different categories for restaurants and fast food, so if you tend to go to a mixture, you will use both of the allowed 5% categories on this (giving up bill pay for example)
2) Citi Forward. 5 Thank You points per $. Thank You points aren't always regarded as worth 1c, but for some redemptions than can be
3) Chase Freedom/Some Discover cards/others: these have rotating 5% categories, frequently including dining at least 1 quarter a year. Generally capped to $75 a quarter back on all 5% categories ($1500 spend). Cash Plus isn't capped, and Citi Forward probably isn't either.
Re: Citi Forward
It technically has a point cap of 75,000 ThankYou points per year (or $15,000 at 5%), so it might come into play if you eat out a lot and/or dine at very expensive restaurants.*
Also, TY points earned with this card expire after 5 years.
Almost a year into having the card though, and I haven't spent enough for either to be an issue. YMMV
*The 5 % also applies towards bookstores and movie theaters. It just so happens that Amazon is categorized as a bookstore, so I would recommend using it there if do any online shopping. Everything else gets 1 TY point (max 1%) per dollar, but many other cards will offer you a better value.
BankAmericard Travel Rewards // Citi Forward // Amex Blue Cash Preferred // Gap Visa