topic Re: Uber Visa Alternatives? in Credit Cards

Alternatives to the Uber Visa Card

dsotm76 — Mon, 28 Oct 2019 23:42:45 GMT

Hey everyone!

I hope this is an OK thread to start. With the nerf ball pinging the Uber Visa Card head on earlier today, I wanted to start a thread for suggestions for the alternatives that would either be the most comparable or have striking advantages to the new version of the card. Also, if you have experiences with any of these cards, feel free to share for others. I'll be looking in February, so I look forward to all the comments!

Annnnnnnnnd go...

Re: Alternatives to the Uber Visa Card

kdm31091 — Mon, 28 Oct 2019 23:45:09 GMT

Really the best you can do for dining is 3%, for which there are many options. Wells Fargo Propel, Citi Costco, Marvel Mastercard, even Amex Green. All have benefits and drawbacks.

Re: Alternatives to the Uber Visa Card

wasCB14 — Mon, 28 Oct 2019 23:57:11 GMT

@kdm31091 wrote:
Really the best you can do for dining is 3%, for which there are many options. Wells Fargo Propel, Citi Costco, Marvel Mastercard, even Amex Green. All have benefits and drawbacks.

and CSR

Uber and Eats are both "travel".

*also Savor

Re: Alternatives to the Uber Visa Card

Remedios — Mon, 28 Oct 2019 23:58:31 GMT

AR, if mobile payment is an option.

Re: Alternatives to the Uber Visa Card

FieryDance — Tue, 29 Oct 2019 00:13:22 GMT

I get 5.25% with BoA Cash Rewards.

Depending on your Preferred Rewards status you get at least 3%, up to 5.25%.

Re: Alternatives to the Uber Visa Card

Anonymous — Tue, 29 Oct 2019 00:21:17 GMT

@kdm31091 wrote:
Really the best you can do for dining is 3%, for which there are many options. Wells Fargo Propel, Citi Costco, Marvel Mastercard, even Amex Green. All have benefits and drawbacks.

Right, but with an AF, some cards give more than 4% in straight cash value when used for travel through a portal (CSR/AR = 4.5%) with more options for transferable point systems

Re: Alternatives to the Uber Visa Card

dsotm76 — Tue, 29 Oct 2019 00:29:37 GMT

Can you explain more about the Preferred Rewards? How is that determined?

Re: Alternatives to the Uber Visa Card

Anonymous — Tue, 29 Oct 2019 00:56:36 GMT

@dsotm76 wrote:
Hey everyone!

I hope this is an OK thread to start. With the nerf ball pinging the Uber Visa Card head on earlier today, I wanted to start a thread for suggestions for the alternatives that would either be the most comparable or have striking advantages to the new version of the card. Also, if you have experiences with any of these cards, feel free to share for others. I'll be looking in February, so I look forward to all the comments!

Annnnnnnnnd go...

Well, in my case the Wells Fargo Propel, the TD Cash (Groceries mostly) and the PNC Cash all have 3%, add the travel category in the Propel and the 4% in gas in the PNC

Re: Alternatives to the Uber Visa Card

wasCB14 — Tue, 29 Oct 2019 01:08:11 GMT

@dsotm76 wrote:
Can you explain more about the Preferred Rewards? How is that determined?

The higher your assets at BofA, the higher your credit card rewards.

To be eligible, you need to have a checking account open for at least 3 months. Higher amounts for less time do not serve as a "shortcut".

https://www.bankofamerica.com/preferred-rewards/

Re: Alternatives to the Uber Visa Card

CreditCuriosity — Tue, 29 Oct 2019 01:10:44 GMT

@dsotm76 wrote:
Can you explain more about the Preferred Rewards? How is that determined?

https://www.bankofamerica.com/preferred-rewards/

Re: Alternatives to the Uber Visa Card

Aim_High — Wed, 30 Oct 2019 20:09:35 GMT

@wasCB14 wrote:
@dsotm76 wrote:
Can you explain more about the Preferred Rewards? How is that determined?
The higher your assets at BofA, the higher your credit card rewards.
To be eligible, you need to have a checking account open for at least 3 months. Higher amounts for less time do not serve as a "shortcut".
https://www.bankofamerica.com/preferred-rewards/

In short, the asset thresholds to be in the program at the three different tiers are:

Gold: Minimum $20K in deposits (including bank accounts and Merrill Investments)

Platinum: Minimum $50K

Platinum Honors: Minimum $100K

In exchange, you get preferential rates on loans and interest payments, waived bank account fees, and most notably for MyFico members, you get a higher credit card rewards with a multiplier based on your tier. (x25%, x50%, x75%). So multiply the base rates on Premium Rewards or Cash Rewards Visa by 1.25, 1.50 or 1.75. That's all paid out in cash, so for cash valuation, Premium Rewards members can have the highest permanent cash rewards rates in the industry on any credit card purchases with the added ability to customize categories monthly through Cash Rewards. A sweet deal.

Re: Alternatives to the Uber Visa Card

Anonymous — Tue, 29 Oct 2019 01:33:19 GMT

It was too good to be true. I had my eye on Uber card since it was a great deal but now it’s nerfed and Since I am not apping for the next few months, I will just be taking advantage of cash back deals with yelp and Rakuten and earn cash back that way from dining out (which I rarely do which is why the BCP has been so perfect for me with the 6% back at supermarkets).

I can use Apple Card via Apple Pay at many restaurants and with seamless, uber eats and get 2% back at the bare minimum. Then pair that with up to 10% cash back deal from Yelp restaurants so I could get 12% cash back dependent on where I go. I use the tips from this article - https://wallethacks.com/maximize-cashback-restaurant-dining/amp/

And also I go on cashbackmonitor.com and search for cash back deals for my shopping. It’s a little bit more extra work but it’s way more CB than what my credit cards would have earned me. I don’t have Amex Gold however but again that’s cause I really don’t eat out that often to make the $250 AF worth it.

Re: Alternatives to the Uber Visa Card

Aim_High — Tue, 29 Oct 2019 19:50:56 GMT

@dsotm76 wrote:
With the nerf ball pinging the Uber Visa Card head on earlier today, I wanted to start a thread for suggestions for the alternatives that would either be the most comparable or have striking advantages to the new version of the card.

I would say if the previous UBER Visa was attractive, the

Wells Fargo Propel should be on your short list now.

No annual fee (like old and new UBER)

Rewards are in REAL Cash like old UBER, not "UBER CASH"

3% on dining (vs 4% on old UBER, 3% on new UBER)

3% on airfare and hotels (like old and new UBER)

3% on rideshares (Better than 2% on old UBER but less than 5% on new UBER)

3% on streaming services (better than 2% on old UBER)

1% on everything else

Some of the other cards mentioned have AFs, but I don't think those are comparable even though rewards may look similar (*like CSR, AMEX Green, USB AR, CapOne Savor, BofA PR.)

Re: Alternatives to the Uber Visa Card

mikesonthemend — Tue, 29 Oct 2019 01:37:23 GMT

I am afraid Silicon Valley is done subsidising non-profitable "growth." WeWork was the end. Just as a large portion of your Uber ride was being covered by investors, so was Uber Card perks. Uber is on notice they must show progress towards profitability. Lay-offs have begun, and CC subsidizing is over as well.

Re: Alternatives to the Uber Visa Card

MoneyBurns — Tue, 29 Oct 2019 01:51:18 GMT

Speaking of alternatives to the Uber Visa card.... would Capital One impose or downgrade grandfathered Savor (annual fee $95) now that their competition is not giving 4% back on dining?

Re: Alternatives to the Uber Visa Card

SunriseEarth — Tue, 29 Oct 2019 08:18:41 GMT

@dsotm76 wrote:
Hey everyone!

I hope this is an OK thread to start. With the nerf ball pinging the Uber Visa Card head on earlier today, I wanted to start a thread for suggestions for the alternatives that would either be the most comparable or have striking advantages to the new version of the card. Also, if you have experiences with any of these cards, feel free to share for others. I'll be looking in February, so I look forward to all the comments!

Annnnnnnnnd go...

I'll probably revert back to my Marvel MC for 3% dining. I also have Sam's Club with 3% dining, but the rewards are only issued annually. Even with Uber, I still use Cash+ for 5% Fast Food (and I usually have Restaurants as a 2%, just in case "Fast Food" isn't the right MCC).

Re: Alternatives to the Uber Visa Card

Anonymous — Tue, 29 Oct 2019 10:30:39 GMT

I think the Wells Fargo Propel makes the most sense as being close with no annual fee/straight cash back structure in most situations. The Savor One could also make sense if the Entertainment category could compliment one's spend a lot.

With annual fees, the new Amex Green comes to mind, as well as the CSR and Amex Gold if one is in to travel cards. The Capital One Savor really only makes sense if a ton of spend is in the dining category therefore beating out the Savor One with no AF.

Re: Alternatives to the Uber Visa Card

Anonymous — Tue, 29 Oct 2019 10:46:16 GMT

if you don't travel, most amex cards would not make much sense, as the MR points have low cash values.

go with propel with s1 backup.

Re: Alternatives to the Uber Visa Card

coolbrad — Tue, 29 Oct 2019 11:57:29 GMT

@Aim_High wrote:
@dsotm76 wrote:
With the nerf ball pinging the Uber Visa Card head on earlier today, I wanted to start a thread for suggestions for the alternatives that would either be the most comparable or have striking advantages to the new version of the card.
I would say if the previous UBER Visa was attractive, the
Wells Fargo Propel should be on your short list now.
No annual fee (like old and new UBER)
Rewards are in REAL Cash like old UBER, not "UBER CASH"
3% on dining (vs 4% on old UBER, 3% on new UBER)
3% on airfare and hotels (like old and new UBER)
3% on rideshares (Better than 2% on old UBER but less than 5% on new UBER)
3% on streaming services (better than 2% on old UBER)
1% on everything else

Some of the other cards mentioned have AFs, so I don't think that is comparable even though rewards may look similar (*like CSR, AMEX Green, USB AR, CapOne Savor, BofA PR.)

This looks good minus the fact that it’s an AMEX. I still may give it a shot though.

Re: Alternatives to the Uber Visa Card

M_Smart007 — Tue, 29 Oct 2019 13:19:16 GMT

@dsotm76 wrote:
Hey everyone!

I hope this is an OK thread to start. With the nerf ball pinging the Uber Visa Card head on earlier today, I wanted to start a thread for suggestions for the alternatives that would either be the most comparable or have striking advantages to the new version of the card. Also, if you have experiences with any of these cards, feel free to share for others. I'll be looking in February, so I look forward to all the comments!

Annnnnnnnnd go...

I use;

For Fast Food

US Bank Cash+

Restaraunts;

Amex Gold (AF Card)

Amex Hilton

WF Propel

Navy Federal More Rewards

BoA Cash Rewards

Sometimes Rotating 5% Quarter Cards;

Chase Freedom

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