topic Re: No Minimum Cash Redemption Credit Cards in Credit Cards

No Minimum Cash Redemption Credit Cards

Anonymous — Mon, 22 Aug 2016 18:12:52 GMT

Among all my credit cards, which I don't know how to list in my signature, my favorite are USBank Cash+, Discover IT, and Capital One Quicksilver because they don't have minimum cash redemption or category restrictions (like only for travel purchases). I think this is really a good feature to redeem at any amount. Any card else that has the same feature? I know Chase Unlimited is one that I'll go for in the near future.

Re: No Minimum Cash Redemption Credit Cards

kdm31091 — Mon, 22 Aug 2016 18:52:29 GMT

You have the main ones that have no threshold that I know of. Another one is Freedom Unlimited, but if you're just using it on its own, it really doesn't hold any advantages over your Quicksilver.

Re: No Minimum Cash Redemption Credit Cards

SunriseEarth — Mon, 22 Aug 2016 22:19:01 GMT

Blispay and Marvel MC might be considered as cards that don't have a redemption threshold. Those cards automatically post cash back as statement credit upon statement close. Blispay is, of course, 2% on all purchases, whereas Marvel has 3% on all dining and lots of entertainment options and 1% on other purchases.

Re: No Minimum Cash Redemption Credit Cards

SouthJamaica — Mon, 22 Aug 2016 22:39:19 GMT

@Anonymous wrote:
Among all my credit cards, which I don't know how to list in my signature, my favorite are USBank Cash+, Discover IT, and Capital One Quicksilver because they don't have minimum cash redemption or category restrictions (like only for travel purchases). I think this is really a good feature to redeem at any amount. Any card else that has the same feature? I know Chase Unlimited is one that I'll go for in the near future.

Barclay Rewards has a $10 minimum, which to me is about the same as no minimum.

Re: No Minimum Cash Redemption Credit Cards

Anonymous — Tue, 23 Aug 2016 00:13:55 GMT

I think that QS (and similar Cap One) are unique in that apart from no min, they also post rewards as transactions post, rather than having to wait for the statement close

Re: No Minimum Cash Redemption Credit Cards

Anonymous — Tue, 23 Aug 2016 02:45:56 GMT

The reason I want to get a Chash Unlimited is that I want to establish relationship with Chase

Re: No Minimum Cash Redemption Credit Cards

Anonymous — Tue, 23 Aug 2016 02:46:51 GMT

Someone said Blispay might be too good to last long. Keeping an eye on it

Re: No Minimum Cash Redemption Credit Cards

Anonymous — Tue, 23 Aug 2016 02:47:38 GMT

$10 is really not a big deal, compared to my Citi Dividend $50 minimum

Re: No Minimum Cash Redemption Credit Cards

Anonymous — Tue, 23 Aug 2016 02:49:04 GMT

That's true; if I made a big purchase, I can redeem an amount within a few days

Re: No Minimum Cash Redemption Credit Cards

SouthJamaica — Tue, 23 Aug 2016 02:58:41 GMT

@Anonymous wrote:
I think that QS (and similar Cap One) are unique in that apart from no min, they also post rewards as transactions post, rather than having to wait for the statement close

Barclay Rewards does that too.

Re: No Minimum Cash Redemption Credit Cards

Anonymous — Tue, 23 Aug 2016 03:16:21 GMT

@SouthJamaica wrote:
@Anonymous wrote:
I think that QS (and similar Cap One) are unique in that apart from no min, they also post rewards as transactions post, rather than having to wait for the statement close
Barclay Rewards does that too.

But it has a min. I mean as far as I know, the Cap One cards are the only ones with both features, no min and redemption as transactions post.

Re: No Minimum Cash Redemption Credit Cards

SunriseEarth — Tue, 23 Aug 2016 10:41:43 GMT

@Anonymous wrote:
Someone said Blispay might be too good to last long. Keeping an eye on it

i think it looks good for them, especially if people get tripped up on the promo purchases and the regular purchases. I think they'll make enough up in interest.

Re: No Minimum Cash Redemption Credit Cards

Anonymous — Tue, 23 Aug 2016 11:59:21 GMT

NFCU Cash Rewards is just like the Quicksilver.

Re: No Minimum Cash Redemption Credit Cards

ways2go — Tue, 23 Aug 2016 12:49:07 GMT

The cards that I don't like are the ones that won't let you accumulate your cash rewards or rewards. Once it hits a certain amount, it's an account credit. Wal-Mart, shell, and my bass pro rewards card.