topic Re: Which card should be my daily driver? in Credit Cards

Which card should be my daily driver?

Batsamandrobin — Sun, 15 Apr 2018 19:37:14 GMT

I've been lurking around for a few months, and the advice/information has been invaluable. I'm in the building phase and recently got approved for a few new cards--the Paypal 2% MC (2k SL) and a Cap One platinum(1k SL)--and I'd like to maximize my growth opportunities over the next 6 months to a year.

I've read that Synchrony limits can grow with frequent, responsible use, but I'd also like to PC my platinum into a better Cap One card down the line. With that in mind, I'm looking for recommendations as to which card should become my daily driver? Thanks!

Just for reference, scores:

EX: 645

EQ: 656

TU: 680

Re: Which card should be my daily driver?

Anonymous — Sun, 15 Apr 2018 19:35:08 GMT

Depends on where the majority of your spend is. Out of the ones you listed, the 2% Cash Back would be my choice. Do you have others? Personally I wouldn’t focus on a “relationship” with Synchrony. I prefer a good CU and a major bank for “relationships.” Additionally, what are your specific future goal?

Re: Which card should be my daily driver?

Batsamandrobin — Sun, 15 Apr 2018 19:44:42 GMT

Majority of spend is in gas, grocery, and dining categories. I was primarily thinking Paypal because I use PayPal and ebay frequently.

I'm graduating next month and long term I'd like to have a strong relationship with someone like Chase or Amex to maximize travel benefits. After a year or two, work travel is going to pick up significantly.

Re: Which card should be my daily driver?

Anonymous — Sun, 15 Apr 2018 19:48:08 GMT

Then I’d say use your 2% Card now, focus on good spending habits and on-time payments. In 6-12 months I’d look at AmEx BCE and Chase Freedom. Watch your 5/24, and after some time with Amex and Chase look at CSP or CSR. That’s my opinion.

Re: Which card should be my daily driver?

Anonymous — Sun, 15 Apr 2018 20:24:47 GMT

We have a 2% card (PenFed PCR) as our daily driver, but we put various spend on other cards.

Amex BCE gets our grocery spend (although disco gets it this Qtr w/5% category), Sam’s Club MC gets our gas & Travel and Uber gets all of our dining.

DH has a hard time keeping it straight but he’s getting there 😂

Re: Which card should be my daily driver?

Anonymous — Sun, 15 Apr 2018 21:23:53 GMT

It’s been mentioned other places in this forum, but if you get a Paypal business debit card and make the 2% Paypal MC your back up funding source, you can get a total of 3% back.

Re: Which card should be my daily driver?

Anonymous — Mon, 16 Apr 2018 00:06:06 GMT

Can’t beat the 2% if that’s all you have in your wallet.

Re: Which card should be my daily driver?

Anonymous — Mon, 16 Apr 2018 13:55:13 GMT

@Anonymous wrote:
Can’t beat the 2% if that’s all you have in your wallet.

Agreed.

The PayPall 2% was my daily driver. I preffered it to the Citi DC.

Re: Which card should be my daily driver?

Batsamandrobin — Mon, 16 Apr 2018 15:48:02 GMT

@Anonymous wrote:
@Anonymous wrote:
Can’t beat the 2% if that’s all you have in your wallet.
Agreed.
The PayPall 2% was my daily driver. I preffered it to the Citi DC.

Awesome, thank you! Out of curiosity, how long did you use it as daily driver and what kind of cli growth did you see during that time?

Re: Which card should be my daily driver?

Brian_Earl_Spilner — Mon, 16 Apr 2018 15:56:05 GMT

I wouldn't worry about the platinum. I just PCd it to a Quicksilver after only 4 months, and I used it a total of 3 times in that time period. I also requested a CLI a week later and got it. I don't even have the new card yet.

Re: Which card should be my daily driver?

Anonymous — Mon, 16 Apr 2018 17:45:06 GMT

@Batsamandrobin wrote:
@Anonymous
Awesome, thank you! Out of curiosity, how long did you use it as daily driver and what kind of cli growth did you see during that time?

I opened the account in July/August of last year and used it as my DD up until about January of this year when I opened an AMEX and wanted to take advantahe of the promo period.

As far as credit limit growth, the PayPal card started out at a $700 dollar limit. It's now sitting at 5K.