topic Re: Best card for big spender in Credit Cards

Best card for big spender

Anonymous — Tue, 02 Apr 2019 15:30:15 GMT

We spend a lot on gas and dining out, what your recommendations for reward cards, and if possible which report did they use, my scores are 702- 760,
Thanks

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 16:14:17 GMT

If you're a big spender, definitely the Centurion Card.

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 16:22:32 GMT

@Anonymous wrote:
If you're a big spender, definitely the Centurion Card.

Right, OP needs to define what they mean by big spender. Some would call $1K per month on a cc a lot, others would think more in terms of millions a year.

As the amount grows, charge cards are going to be more necessary.

Also need to know what sort of rewards you are after, at least travel vs cashback

Re: Best card for big spender

AverageJoesCredit — Tue, 02 Apr 2019 16:40:20 GMT

Credit One Nascar Cashback Visa

1% CB on everything, no need to complicate ones life on what % you get back and where, simplicity in its purest form

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 16:44:10 GMT

If you really spend that much and want rewards, you need cards with no limits or caps on rewards. The Ducks Unlimited card is great for gas (5% CB, no cap) but it is ran by First Bankcard, which is owned by FNBO (its not as "big" as other lenders). Another good one may be the WF Propel, 3x points on gas and dining (3% CB, no caps). For just straight up massive spend, you need to look at charge cards and other large CL cards, like NFCU or Alliant VS (2.5% CB on everything, 3% for 1st year, it does have an AF tho).

We need more info to accurately direct you to a specific CC.

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 16:45:40 GMT

Na, Cap1 Plat. Why even care about CB when you can just forget all about it instead?

@AverageJoesCredit wrote:
Credit One Nascar Cashback Visa

1% CB on everything, no need to complicate ones life on what % you get back and where, simplicity in its purest form

Re: Best card for big spender

Remedios — Tue, 02 Apr 2019 17:27:25 GMT

@Anonymous wrote:
We spend a lot on gas and dining out, what your recommendations for reward cards, and if possible which report did they use, my scores are 702- 760,
Thanks

Could you maybe define what a big spender to you is?

Re: Best card for big spender

Remedios — Tue, 02 Apr 2019 17:28:09 GMT

I shouldn't have scrolled past LLTs post. Oops

Re: Best card for big spender

RicHowe — Tue, 02 Apr 2019 17:37:35 GMT

@Anonymous wrote:
If you're a big spender, definitely the Centurion Card.

LOL @Pooka89 I wished you were still with AMEX. You prolly don't but alot of us do.

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 17:43:01 GMT

Thanks for reply probably do 250k annually, could do more through business, especially fuel and dining out.Like travel rewards, but cash is ok.

Re: Best card for big spender

Remedios — Tue, 02 Apr 2019 17:46:15 GMT

@Anonymous wrote:
Thanks for reply probably do 250k annually, could do more through business, especially fuel and dining out.Like travel rewards, but cash is ok.

Alright, that's a start

702- 760 is a pretty wide range. Derogs?

Re: Best card for big spender

RicHowe — Tue, 02 Apr 2019 17:47:20 GMT

For dining and grocery spend, AMEX Gold nets you 4X MR points with no annual cap on dining and a generous 25k on Grocery. There are various cards for gas (cash back/rewards points). I get between 10k - 15k MR Points monthly with AMEX Gold with dining/grocery spend.

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 18:02:43 GMT

Just got the Propel, like it,they started me with low cl, how are they on cli?

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 18:04:07 GMT

Prob 250k annually in spending

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 18:13:49 GMT

Couple 30 day lates over several years, nothing major,old small med,no bk, repos,
Eq 702
Tu748
Exp 740’s

Re: Best card for big spender

NRB525 — Tue, 02 Apr 2019 20:28:13 GMT

Any lates with AMEX? How long ago are the lates?

The AMEX Gold charge card is a good choice. Spend level / payment habits determine your spending authorization rate.

Re: Best card for big spender

coldfusion — Tue, 02 Apr 2019 20:40:54 GMT

@Anonymous wrote:
Prob 250k annually in spending

How does that break down into categories for you? Anyone I know who would mention $250K annual spending with restaurants an important component would be looking at business cards; think sales reps with 5-figure monthly-mininum-spend expense accounts.

Re: Best card for big spender

Anonymous — Tue, 02 Apr 2019 20:43:33 GMT

curious mind wants to know, what kind of fabulous life style is that?

drive a hummer 24/7 nonstop and order take out 3 times a day from Mar-A-largo?

Re: Best card for big spender

NRB525 — Tue, 02 Apr 2019 21:22:15 GMT

Have you priced nightly rates for suites at the Four Seasons?

I, for one, could get used to that.

Where did I put my Centurion Card?

Re: Best card for big spender

Remedios — Tue, 02 Apr 2019 21:37:07 GMT

My kids are on track to spend $250k at Popeyes, so I stole @NRB525 Centurion.