topic Re: Cashback without carrying 20 cards. in Credit Cards

Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 03:08:52 GMT

I'm reducing the number of credit cards I have without losing cashback benefits.

Office supplies: 5% amex simplycash
Wireless: 5% amex simplycash
Internet: 27% bofa bbr
Grocery: 6% amex bcp
Gas: 5% Sam's MC
Travel: 3% Sam's MC
Restaurant: 3% Sam's MC
Misc: 2% Citi DC
Keep freedom and it for cat bonus.
Total af is $75.

So, that's 7 cards that should cover most categories. Bbr is on auto pilot and can be left home. Max, I would be carrying is 5 cards.

Any other improvements you guys can think of?

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 03:10:17 GMT

Added benefit, I get fico score from eq, ex and tu.

Re: Cashback without carrying 20 cards.

UncleB — Sun, 15 Nov 2015 03:35:26 GMT

@Anonymous wrote:
I'm reducing the number of credit cards I have without losing cashback benefits.

Office supplies: 5% amex simplycash
Wireless: 5% amex simplycash
Internet: 27% bofa bbr
Grocery: 6% amex bcp
Gas: 5% Sam's MC
Travel: 3% Sam's MC
Restaurant: 3% Sam's MC
Misc: 2% Citi DC
Keep freedom and it for cat bonus.
Total af is $75.

So, that's 7 cards that should cover most categories. Bbr is on auto pilot and can be left home. Max, I would be carrying is 5 cards.

Any other improvements you guys can think of?

Sounds like you have a good plan!

I actually use a 'condensed' version of your list myself, including the BCP, Sam's Club MC, Discover, and for the stuff that's leftover I pull out a Quicksilver.

I personally can't think of any way to improve on what you've listed.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 04:15:22 GMT

Ok, then it's time to drop some cards.
First round:
Drop home depot, walmart, csp, amex gold, arrival, arrival+, aviator, Sallie Mae, and rewards MasterCard.

Re: Cashback without carrying 20 cards.

Ghoshida — Sun, 15 Nov 2015 04:19:47 GMT

@Anonymous wrote:
Ok, then it's time to drop some cards.
First round:
Drop home depot, walmart, csp, amex gold, arrival, arrival+, aviator, Sallie Mae, and rewards MasterCard.

Any chance that Barclays will convert one of its cards to the Sallie Mae?

if it does then keep the two Sallie Mae and ditch the AMEX BCP. I'm guessing you'll still get the AMEX offers on your simplycash.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 04:22:19 GMT

Sallie Mae is not more. Besides, I'm closing business with Barclay.

Re: Cashback without carrying 20 cards.

Ghoshida — Sun, 15 Nov 2015 04:23:12 GMT

@Anonymous wrote:
Sallie Mae is not more. Besides, I'm closing business with Barclay.

Well then, no more suggestions from me

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 04:26:35 GMT

I thought of closing bcp, but then I'm losing 23 years of aaoa.

Amex said, I made $150 so far this year through amex offer. lol

Re: Cashback without carrying 20 cards.

NRB525 — Sun, 15 Nov 2015 04:44:26 GMT

@Anonymous wrote:
I'm reducing the number of credit cards I have without losing cashback benefits.

Office supplies: 5% amex simplycash
Wireless: 5% amex simplycash
Internet: 27% bofa bbr
Grocery: 6% amex bcp
Gas: 5% Sam's MC
Travel: 3% Sam's MC
Restaurant: 3% Sam's MC
Misc: 2% Citi DC
Keep freedom and it for cat bonus.
Total af is $75.

So, that's 7 cards that should cover most categories. Bbr is on auto pilot and can be left home. Max, I would be carrying is 5 cards.

Any other improvements you guys can think of?

You are missing the mention that BCP covers 3% at many department stores.

Having said that, the Cash+ can select each quarter from two of these categories for 5% each:

Department Stores, Sporting Goods stores, Furniture Stores, Electronics Stores, Wireless/Telephone, Movie Theaters, Car Rental,

and the sleeper: Bookstores which can be interpreted as Amazon.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 07:22:02 GMT

@NRB525 wrote:
@Anonymous wrote:
I'm reducing the number of credit cards I have without losing cashback benefits.

Office supplies: 5% amex simplycash
Wireless: 5% amex simplycash
Internet: 27% bofa bbr
Grocery: 6% amex bcp
Gas: 5% Sam's MC
Travel: 3% Sam's MC
Restaurant: 3% Sam's MC
Misc: 2% Citi DC
Keep freedom and it for cat bonus.
Total af is $75.

So, that's 7 cards that should cover most categories. Bbr is on auto pilot and can be left home. Max, I would be carrying is 5 cards.

Any other improvements you guys can think of?
You are missing the mention that BCP covers 3% at many department stores.

Having said that, the Cash+ can select each quarter from two of these categories for 5% each:
Department Stores, Sporting Goods stores, Furniture Stores, Electronics Stores, Wireless/Telephone, Movie Theaters, Car Rental,
and the sleeper: Bookstores which can be interpreted as Amazon.

Bit of hassle, but I can use gift cards sold at office supply to supplement most of cash+ 5% categories.

Re: Cashback without carrying 20 cards.

UncleB — Sun, 15 Nov 2015 07:38:55 GMT

@Anonymous wrote:
@NRB525 wrote:
@Anonymous wrote:
I'm reducing the number of credit cards I have without losing cashback benefits.

Office supplies: 5% amex simplycash
Wireless: 5% amex simplycash
Internet: 27% bofa bbr
Grocery: 6% amex bcp
Gas: 5% Sam's MC
Travel: 3% Sam's MC
Restaurant: 3% Sam's MC
Misc: 2% Citi DC
Keep freedom and it for cat bonus.
Total af is $75.

So, that's 7 cards that should cover most categories. Bbr is on auto pilot and can be left home. Max, I would be carrying is 5 cards.

Any other improvements you guys can think of?
You are missing the mention that BCP covers 3% at many department stores.

Having said that, the Cash+ can select each quarter from two of these categories for 5% each:
Department Stores, Sporting Goods stores, Furniture Stores, Electronics Stores, Wireless/Telephone, Movie Theaters, Car Rental,
and the sleeper: Bookstores which can be interpreted as Amazon.
Bit of hassle, but I can use gift cards sold at office supply to supplement most of cash+ 5% categories.

+1 to both comments...

I also always seem to forget that the BCP gives 3% at department stores. I call it my 'grocery store card' but at some stores, such as Belk, the BCP earns more than the store card does. (Belk 'Rewards' give you a $10 certificate after you spend $400, which comes to 2.5%)

Like you mention doing at office supply stores with the SimplyCash, I use my BCP to get various GCs at the grocery store for an effective 6% back (plus fuel points). I agree that it's a bit of hassle (and requires planning ahead) but it does add up over time.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 09:39:31 GMT

I just signed up for plenti.

Did the discover deal 10% @ Macy's
Discover card 5% department store
X 2 for double back
211 plenti points to link with Macy's
Wife bought $111 dollar worth of bra and panties.

Total savings $35.41
Had to show wife how to use plenti and discover deal. I had no idea bras and panties were that expensive. Somethings, I really don't want to know.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 10:17:43 GMT

Shouldn't have used my phone to order from Macy's
I'm getting panty ads everywhere.

Re: Cashback without carrying 20 cards.

UncleB — Sun, 15 Nov 2015 10:24:47 GMT

@Anonymous wrote:
Shouldn't have used my phone to order from Macy's
I'm getting panty ads everywhere.

LOL... I have a 'secondary' Amazon account for that exact reason! Sometimes it's just best if certain purchases aren't used for 'future recommendations'.

Thankfully I setup the other Amazon login before they changed their policy on 'Prime' (the secondary is on Prime as well), along with my father. With the new policy, if I remove either I'll be unable to add them back, so they're likely going to be there for a while...

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 12:57:29 GMT

Solid plan.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 13:06:42 GMT

@Anonymous wrote:
I just signed up for plenti.
@Did the discover deal 10% @ Macy's
Discover card 5% department store
X 2 for double back
211 plenti points to link with Macy's
Wife bought $111 dollar worth of bra and panties.

Total savings $35.41
Had to show wife how to use plenti and discover deal. I had no idea bras and panties were that expensive. Somethings, I really don't want to know.

Yes they can be expensive. You have no idea.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 13:08:26 GMT

@Anonymous wrote:
Shouldn't have used my phone to order from Macy's
I'm getting panty ads everywhere.

Re: Cashback without carrying 20 cards.

thelethargicage — Sun, 15 Nov 2015 16:03:40 GMT

You cut it down from 20 to 7, that's a 65% improvement. The key is the Sam's MC. Hopefully the new Costco Visa will offer more than 1% in general spend.

Re: Cashback without carrying 20 cards.

Anonymous — Sun, 15 Nov 2015 16:21:19 GMT

@Anonymous wrote:
I just signed up for plenti.

@Did the discover deal 10% @ Macy's
Discover card 5% department store
X 2 for double back
211 plenti points to link with Macy's
Wife bought $111 dollar worth of bra and panties.

Total savings $35.41
Had to show wife how to use plenti and discover deal. I had no idea bras and panties were that expensive. Somethings, I really don't want to know.

If you were the one looking to buy your wife a $3-6k purse, be lucky she can get more than one cup for the pre-discount amount.

Re: Cashback without carrying 20 cards.

redpat — Sun, 15 Nov 2015 16:49:08 GMT

I boycott of anything Walmart, just can't make myself do it, lol.

Even with Amex $25 cashback on membership.

BUY LOCAL!!!!!!.

OP is right about Sam's but I would have to sell my soul......