topic Re: Restaurant 5% card? in Credit Cards

Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:25:30 GMT

Are there any MC/Visa that give 5% back on restaurants?

I know the closest one would be Chase AARP at 3%, and Cash+ USED to offer it.

Thanks!

Edit: Forgot to mention: No rotating cat. cards, or buying gift cards.

Re: Restaurant 5% card?

kdm31091 — Fri, 07 Aug 2015 01:45:37 GMT

@Anonymous wrote:
Are there any MC/Visa that give 5% back on restaurants?

I know the closest one would be Chase AARP at 3%, and Cash+ USED to offer it.

Thanks!

Nope. Best you can do is AARP at 3%, Huntington Voice 3%, Cash+ 2% on restaurants 5% on fast food. There's a Power Rewards (or something) with I think 3% on dining but that's geographically limited.

There's a lack of any really great dining card but sadly I think they just aren't sustainable at high reward percentages. Since I get 2% with double cash on everything, and currently have 2% restaurants selected on my Cash+, I"m not opening a new account for an extra 1%. The AARP would be literally only used for dining, and even if I were to spend $200 a month, an extra 1% is only $2 more vs a 2% card...not worth it. Point is, if you already have something for 2%, there's likely no point.

Re: Restaurant 5% card?

creditfan — Fri, 07 Aug 2015 01:53:03 GMT

Golden1 CU 3% restaurant

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 02:00:51 GMT

Discover categories...chase categories....

Why not buy restaurant gift cards from grocery coded store, use Salliemae, BC, BCP, ED,EDP?

I always use coupons for restaurants...from Belly, or restaurant.com, grubhub, seamless, etc. Amex offers has lots of deals, like 10 off 30 at chilis.

I also used the free $10 credit several times with setting up amex checkout, got a few $10 applebees gift cards at new egg.

Then my current routine now is run whatever is leftover through my PRG as its earning 2 MR points per dollar spent. MR points on avg are worth 2 cents a point...so thats a 4 percent return not to mention the coupons stacked....

Basically my goal when dining out, never buy drinks, always drink water, that way when I am in the mood for a real drink, its not a big deal....always leave 15-25% gratuity based on original cost of bill before any discounts. It wasnt until recently that I started leaving gratuity on cards.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 02:01:37 GMT

If you value UR or MR at 2cents per point then PRG and CSP are 4% back. Freedom and Discover use it as a rotating 5% category but not all the time.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 02:04:46 GMT

@Anonymous wrote:
If you value UR or MR at 2cents per point then PRG and CSP are 4% back. Freedom and Discover use it as a rotating 5% category but not all the time.

How do you like your marukai JCB card? do you find yourself earning the 3 percent or do you reach for your double cash more bc they dont take discover?

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 02:45:59 GMT

I haven't reached the 3% tier yet because I just got it in July, but it's accepted at my main unbonused spend spots (target, best buy, walgreens, bed bath & beyond, square payments) so I should have no problem. Discover acceptance is good enough and a lot of them take JCB explicitly.

I like the card and the phone customer service, but the website is very inconvenient and the app process was very slow.

I do use double cash for utilities because none of them recognize JCB, even the ones who take Discover. It's not inconvenient since those are autopays.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:26:21 GMT

http://www.doctorofcredit.com/credit-cards/cash-back/marukai-premium-jcb-card-review/ The chart in this website says you have to spend over $20k to get close to 3%...does this look correct?

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:26:36 GMT

@Anonymous wrote:
I haven't reached the 3% tier yet because I just got it in July, but it's accepted at my main unbonused spend spots (target, best buy, walgreens, bed bath & beyond, square payments) so I should have no problem. Discover acceptance is good enough and a lot of them take JCB explicitly.

I like the card and the phone customer service, but the website is very inconvenient and the app process was very slow.

I do use double cash for utilities because none of them recognize JCB, even the ones who take Discover. It's not inconvenient since those are autopays.

if my scores were higher and I lived in one of their states, I would consider it. I just wish they didnt have geographical limitations...seems strange...

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:27:29 GMT

@Anonymous wrote:
http://www.doctorofcredit.com/credit-cards/cash-back/marukai-premium-jcb-card-review/ The chart in this website says you have to spend over $20k to get close to 3%...does this look correct?

lol i just found that and posted it on another thread. yes basically anything above 10 grand you are slowly inching towards the 3... but even at 20 grand u arent at 3

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:33:45 GMT

@Anonymous wrote:
http://www.doctorofcredit.com/credit-cards/cash-back/marukai-premium-jcb-card-review/ The chart in this website says you have to spend over $20k to get close to 3%...does this look correct?

Depends what you mean by close. At $5,000 it's given you an effective 2.7% rate after annual fees, bonuses, and the reduced rewards from the first two tiers. That's solid in my book, even if it doesn't meet the psychological 3% barrier. But you're earning 3% per dollar by then already so every purchase gets you closer to a 3% average rate.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:36:44 GMT

@Anonymous wrote:
@Anonymous wrote:
http://www.doctorofcredit.com/credit-cards/cash-back/marukai-premium-jcb-card-review/ The chart in this website says you have to spend over $20k to get close to 3%...does this look correct?
lol i just found that and posted it on another thread. yes basically anything above 10 grand you are slowly inching towards the 3... but even at 20 grand u arent at 3

Well, of course, because you get less than 3% on fthe first $3K, so you will never reach 3%, but as your spend gets high you get close enough.

Same with AF cards. If you just use BCP for groceries, you are getting less than 5% once you take the AF into account.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:37:05 GMT

@Anonymous wrote:
@Anonymous wrote:
http://www.doctorofcredit.com/credit-cards/cash-back/marukai-premium-jcb-card-review/ The chart in this website says you have to spend over $20k to get close to 3%...does this look correct?
Depends what you mean by close. At $5,000 it's given you an effective 2.7% rate after annual fees, bonuses, and the reduced rewards from the first two tiers. That's solid in my book, even if it doesn't meet the psychological 3% barrier. But you're earning 3% per dollar by then already so every purchase gets you closer to a 3% average rate.

thats not even 500 a month of spend. That isnt too bad actually. Something to think about.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:38:57 GMT

For those who still have it, the Citi Forward still gives 5% on restaurants (well, 5TYP per $ which can be less or more than 5%, depending how you redeem and if you have Premier/Prestige) But not available to new apps.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:43:00 GMT

Yeah...I would really like a citi forward. Too bad no more apping...

What other 5x do they offer? I thought they nerfed it A LOT.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:50:45 GMT

@Anonymous wrote:
Yeah...I would really like a citi forward. Too bad no more apping...

What other 5x do they offer? I thought they nerfed it A LOT.

5x on entertainment, dining, and bookstores (including Amazon).

The 5x was actually unnerfed, at one stage there was a yearly max, and that went away. Then the briefly produced a useless 1x version (like the older Thank You Preferred, before it got categories) and then quickly dropped it . But the 5x, for reasons best known to Citi, was left still working and earning. And once the newer version of the Premier and Prestige came along, TYP became more valuable

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:52:11 GMT

i'm honestly jealous. wish i turned 18 before they removed it. anyway to PC to it?

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 03:58:15 GMT

@Anonymous wrote:
i'm honestly jealous. wish i turned 18 before they removed it. anyway to PC to it?

No, and if there was, they would helfully PC you to the 1% version.

Have to marry into it!

Re: Restaurant 5% card?

kdm31091 — Fri, 07 Aug 2015 03:59:24 GMT

@Anonymous wrote:
i'm honestly jealous. wish i turned 18 before they removed it. anyway to PC to it?

Can't PC to it. There is no way to get it other than already having it. Sorry. I'd like it too, but it's gone.

Although there are rumors you can still PC to a Citi Dividend which is also discontinued, but it was discontinued far more recently. The Forward has been gone for 2+ years.

Re: Restaurant 5% card?

Anonymous — Fri, 07 Aug 2015 04:01:52 GMT

I had one and let it go (Forward 5X), as mentioned on the other thread. AA Exec 100K churning was too tempting and I had to free up some exposure.