topic Re: 2014's Top Card! in Credit Cards

2014's Top Card!

Anonymous — Sat, 27 Dec 2014 15:45:53 GMT

Happy Holidays everyone Since 2014 is coming to an end I though it would be fun to ask what was your favorite card of 2014 and why you think it was the best card in 2014?

It doesn't have to be a card that was announced in 2014, could be any card that you like!

I will start with my favorite card:

BC Sallie Mae! Thanks to myfico recommendations I found this card and it fits really well with my spending habits.

Honorable mention would go to Capital One Quicksilver! I love this card because I travel frequently and like the no FTF!

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 15:52:12 GMT

Sallie Mae, with an Honorable Mention to Citi DC.

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 15:55:08 GMT

Winner - Sallie Mae bc I get 5% back on all purchases at Wal-Mart and Target
Runner Up - Discover for all my online shopping this quarter

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 16:09:22 GMT

@Anonymous wrote:
Winner - Sallie Mae bc I get 5% back on all purchases at Wal-Mart and Target
Runner Up - Discover for all myonline shopping this quarter

I LOVE Discover it! This quarter it came in such good use!! I'm a little bummed that "Shop Discover" is closing down and they are now focusing more on "Discover Deals". I preferred how Shop Discover was set up. Hopefully Discover Deals is just as good

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 16:14:40 GMT

Since Sallie Mae is still my dream card my favorite of the year was the Barclay rewards.

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 16:41:28 GMT

@Anonymous wrote:
Since Sallie Mae is still my dream card my favorite of the year was the Barclay rewards.

I hope you can get it soon Is it on your list for 2015?

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 16:43:18 GMT

@Anonymous wrote:
I LOVE Discover it! This quarter it came in such good use!! I'm a little bummed that "Shop Discover" is closing down and they are now focusing more on "Discover Deals". I preferred how Shop Discover was set up. Hopefully Discover Deals is just as good

Ditto on the love! After scrolling through Discover Deals I'm not totally bummed. Wish Enterprise was listed here since its the only rental company I use but 5% Wal-Mart, 15% PetSmart, 10% Orbitz, 5% Royal Caribbean plus an extra 5% on top of that this quarter.....yep definitely not totally bummed Plenty of options listed, hope its a nice variety like this going forward

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 17:46:22 GMT

@Anonymous wrote:
@Anonymous wrote:
I LOVE Discover it! This quarter it came in such good use!! I'm a little bummed that "Shop Discover" is closing down and they are now focusing more on "Discover Deals". I preferred how Shop Discover was set up. Hopefully Discover Deals is just as good
Ditto on the love! After scrolling through Discover Deals I'm not totally bummed. Wish Enterprise was listed here since its the only rental company I use but 5% Wal-Mart, 15% PetSmart, 10% Orbitz, 5% Royal Caribbean plus an extra 5% on top of that this quarter.....yep definitely not totally bummed Plenty of options listed, hope its a nice variety like this going forward

Agreed the offerings seem similar to what Shop Discover has. I think they are smart enough to know not to kill their rewards program, as it attracts a lot of customers to use their card over other credit cards.

Re: 2014's Top Card!

celluloid17 — Sat, 27 Dec 2014 17:51:33 GMT

@Anonymous wrote:
Sallie Mae, with an Honorable Mention to Citi DC.

Ditto!

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 17:58:26 GMT

Discover IT for me. Love it

Re: 2014's Top Card!

gingerflower — Sat, 27 Dec 2014 18:14:17 GMT

Love my AARP, United explorer, and Citi AA..

Re: 2014's Top Card!

mikelo22 — Sat, 27 Dec 2014 18:22:06 GMT

SallieMae and Citi Forward are my tops. Together they cover all my main categories with 5x cash back.

Honorable mention to Discover It considering how much I used it this quarter for holiday shopping!

Re: 2014's Top Card!

Kellan — Sat, 27 Dec 2014 18:47:27 GMT

Chase CSP. I love free travel

Re: 2014's Top Card!

Imhotrodcrazy — Sat, 27 Dec 2014 18:56:48 GMT

For me, it was my Nasa card with the 30k cl. I use this card exclusively when I need to make a big purchase and not have to worry about utility. Not that concerned about rewards at times.

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 19:13:34 GMT

@Anonymous wrote:
Sallie Mae, with an Honorable Mention to Citi DC.

Yup. That's all that needs to be said.

Re: 2014's Top Card!

Membersince2013 — Sat, 27 Dec 2014 19:23:11 GMT

Why do people like the Sallie Mae card so much? You only get 5% on $250...

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 19:31:58 GMT

It's my ugliest card but you can't beat the Bank of America Travel Rewards with 75% bonus. Comes out to 2.625%. Use Amex for groceries, Pen Fed for gas and BofA for just about everything else.

Re: 2014's Top Card!

mongstradamus — Sat, 27 Dec 2014 19:39:02 GMT

@Membersince2013 wrote:
Why do people like the Sallie Mae card so much? You only get 5% on $250...

for light spenders 250 an month is enough. I think also some people have an back up card like BCE or BOA 3-2-1 cards for if they go over the 250 cap. 5 % groceries and gas on an non af card is still very good. I think most people can stay under 250 month gas cap, especially since now the price of gas is an lot cheapers. Almost everywhere its under 3 dollars an gallon.

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 19:44:15 GMT

@Membersince2013 wrote:
Why do people like the Sallie Mae card so much? You only get 5% on $250...

Best: CSP - My average redemption value has been close to 3 cents per point through Chase partner transfers. That makes this card a 3% card on everything and a 6% card on travel/restaurants for me. I value it a little less than that because future redemptions might be worse, so I value 1 UR point at 2 cents (i.e. 2%/4% card). It has an AF, but my CC spend is around 60k a year, so AF is covered fairly quick.

Honorable Mention: Sallie Mae - I buy a lot from Amazon, so this card works well for me. I think of the grocery/gas bonuses as a plus as well, but I applied for it for its Amazon (bookstore) category.

5% up to 750 on bookstores (Amazon) is very nice. 5% up to 250 covers my monthly gas spend (easily covers it now with lower gas prices...used to be right at my gas spend before). 5% up to 250 on groceries covers 90% of my monthly grocery spend. The only thing the card does not have for me is restaurant spend (I tend to eat out a lot, not buy a lot of groceries, and buy a lot from Amazon). The 5% on Amazon is what I get most value from the card since I spend 500+ bucks on Amazon each month.

The card has no AF and its returns are actually pretty good even for groceries. Let's compare the Sallie Mae, BCP, and BCE for groceries at 6k spend:

Sallie Mae Cash back: 5% of 3k (250/month times 12) + 1% of 3k = 150+30 = 180

BCE Cash Back = 3% of 6k = 180

BCP Cash Back = 5% of 6k - 75 (AF) = 360-75 = 285.

After 6k spend all three cards are identical. Only the BCP (and the EDP if you swipe it 30 times a month) beats the Sallie Mae for groceries, but it has an AF. Not to mention the Sallie Mae beats the BCP/BCE on other categories. Also, the Sallie Mae + BCP can make sense for people who spend a lot on groceries.

For gas, the 250 limit is enough for most of us with low to moderate driving. Better gas cards exist, but most of those cards are good at only one thing. The Sallie Mae card is pretty good at a lot of things, which makes it a nice card to have for overall spend.

Re: 2014's Top Card!

Anonymous — Sat, 27 Dec 2014 19:45:55 GMT

$250/$250/$750 each month
Grocery cap is too low for me but 5% back on the first $250 is appreciated.
Cant imagine ever going over $250 a month in gas so thats great.
Im assuming those who shop at Amazon frequently appreciate the 5% back up to $750, I prefer Ebay

All that with no AF = pretty good depending on your spending habits. Honestly though if I couldnt put it to use at Wal-Mart and Target for any purchase it wouldnt be my #1. Now if they could only increase that grocery cap to $500