topic Re: The best credit cards in Credit Cards

The best credit cards

Nostradamuz — Wed, 29 Apr 2020 06:45:43 GMT

There are many credit cards with good rewards with/without annual fee and with bonus and other offers.

Re: The best credit cards

Jnbmom — Wed, 29 Apr 2020 06:53:40 GMT

Is this a statement or a question?

Re: The best credit cards

Citylights18 — Wed, 29 Apr 2020 07:17:55 GMT

Of the top of my head here is what I have considering AF vs. value

Hilton Surprass

US Bank Altitude Rewards

Wells Fargo Propel

Citi Prestige

NFCU GoRewards

Chase Sapphire Preferred

AMEX Gold

AOD Visa Signature (unstoppable)

These are the cards that people look to build a wallet around. Work towards getting by improving credit scores for.

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 07:57:51 GMT

The answer is going to depend on:

How much you spend across various "categories"?

How much traveling you do?

For example, Chase Hyatt is a great card. For a $95 annual fee, you get a free weekend night. And if you put $15,000 of spending on the card, you get a second free weekend night (in addition to 15,000 points which itself is good for a third night). But that's only worth it if you travel and can use those nights.

That said, since sign up bonuses (SUBs) are almost always much more lucrative than base rates, maximizing SUB spend will maximize rewards if you travel. The price is a bit of study about the various point systems and their transfer partners.

Re: The best credit cards

sarge12 — Wed, 29 Apr 2020 08:57:36 GMT

OK...I'll bite....favorite cards to me

1) Chase Amazon Prime....what I like about it...5% rewards with Amazon, being disabled I use Amazon a lot.

2) American Express blue cash preferred...what I like about it...a lot, but 6% rewards for groceries to start...add to that, there are actually real, and sometimes useful partner offers that can save you even more, and some can even be used more than once. Also the customer service is better than most, but to be honest it has been fairly good on many cards I hold. Also the ability to add AU to the card with limits I contol is great. I can easily go online to set or change the AU limit, or even freeze and un-freeze it. My Neice has been doing my grocery shopping so I added her with a 400 dollar limit, and I help with her groceries as well while her and her husband are out of work due to Covid-19.

3) State Farm Visa Signature....3% rewards for insurance, and the highest credit limit I ever received to start.

4) HSBC cash rewards....This one is temporarily this highly ranked unti the 3% cash back for 12 months expires.

5) Citi Double Cash....2% cashback rewards (1+1) which is a little different.

After these there is a bunch of 1.5% cash back cards with Capital One Quicksilver my favorite among them due to the rewards redemption not requiring a minimum redemption. That comes in handy when there is a small balance that there is enough in the rewards to cover. I usually would wait till there was 25 dollars otherwise. After that the rest are somewhat equal until Barclaycard which I don't like much at all. Pulling up at the rear of the pack is that TD cash rewards card...1% cash back, lousy website layout, does not play well with Quicken, below average CSR...and the list of what I do not like about that card is long. It will eventually be closed due to non-use, because I have not used it even once in over a year. I am a little surprised it is still open, and might should just close it myself, but it has no annual fee so I have a hard time closing any card with no annual fee. Also not a real fan of my BoA cards, Wells Fargo card, or US bank Quicken. Discover It card would be very lowly regarded if not for the fact that they supply a free experian fico 08 score to everybody, even non-customers. That was a nice thing to do. It is my lowest credit limit by a lot with only 6200 limit. All cards except those top 5 are pretty much sock drawer cards and see little use. Nearly every one of them were obtained due to attractive SUB, but after extracting the SUB, there is always a higher reward from another card in my wallet. To be honest, none of them really deserve to be trashed, it is just that I have no reason to use them when a higher reward card is in my wallet. TD bank...1% cash back, really? They need to step up their game, because a flat 1% is pathetic for a premium card. All my cards are considered premium cards, with no store cards and only the Blue Cash Preferred having a fee, but they gave me a 300 dollar bonus to PC to it from Blue Cash Everyday card without even a hard pull. It is a close call as to whether the Preferred gets enough extra rewards to pay the AF, but I think it does by a little, and will check to be sure soon. The 300 dollar bonus to PC to it made it a no-brainer. Being disabled, I never travel, so those really good travel cards are not good for me.

Re: The best credit cards

NRB525 — Wed, 29 Apr 2020 09:55:06 GMT

@Nostradamuz wrote:
There are many credit cards with good rewards with/without annual fee and with bonus and other offers.

Yes, yes there are.

Re: The best credit cards

TSlop — Wed, 29 Apr 2020 11:22:31 GMT

BoA Premium Rewards. Even getting to the Platinum level of preferred rewards (>$50k in assets), you can get 3% cashback on travel/dining with a 2.25% baseline on everything else. Platinum Honors gives 3.5% and 2.65%, respectively. Couple that with the $100 airline credit, and the card pays you $5 to use it. I'm looking forward to getting myself to the top of the preferred rewards scale.

Re: The best credit cards

pinkandgrey — Wed, 29 Apr 2020 12:12:11 GMT

I like simplicity, so for me, the best overall card is the Citi DC. It's my daily driver and I use it for everything.

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 13:05:46 GMT

@Citylights18 wrote:
Of the top of my head here is what I have considering AF vs. value

Hilton Surprass
US Bank Altitude Rewards
Wells Fargo Propel
Citi Prestige
NFCU GoRewards
Chase Sapphire Preferred
AMEX Gold
AOD Visa Signature (unstoppable)

These are the cards that people look to build a wallet around. Work towards getting by improving credit scores for.

Which people! This seems a rather huge generalization. Certainly there are some good cards there but I don't think they form a core for everyone should go for.

Re: The best credit cards

seattletravels — Wed, 29 Apr 2020 13:12:18 GMT

@Citylights18 wrote:
Of the top of my head here is what I have considering AF vs. value

Hilton Surprass
US Bank Altitude Rewards
Wells Fargo Propel
Citi Prestige
NFCU GoRewards
Chase Sapphire Preferred
AMEX Gold
AOD Visa Signature (unstoppable)

These are the cards that people look to build a wallet around. Work towards getting by improving credit scores for.

I don't have a single one of these cards.

Re: The best credit cards

notmyrealname23 — Wed, 29 Apr 2020 13:45:22 GMT

@seattletravels wrote:
@Citylights18 wrote:
Of the top of my head here is what I have considering AF vs. value

Hilton Surprass
US Bank Altitude Rewards
Wells Fargo Propel
Citi Prestige
NFCU GoRewards
Chase Sapphire Preferred
AMEX Gold
AOD Visa Signature (unstoppable)

These are the cards that people look to build a wallet around. Work towards getting by improving credit scores for.
I don't have a single one of these cards.

Me neither. I think I want the AMEX Gold (but we'll see if I still want it in 6-12 months when I can actually get it) but I'm undecided on the Hilton Surpass, and kinda "meh" on the other ones for me (though I could see why they make sense for others).

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 13:56:26 GMT

@NRB525 wrote:
@Nostradamuz wrote:
There are many credit cards with good rewards with/without annual fee and with bonus and other offers.
Yes, yes there are.

That's a deeply profound insight into credit cards and their potential rewards.

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 14:42:06 GMT

I suspect the OP was cut off from finishing the post.

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 15:14:12 GMT

@seattletravels wrote:
@Citylights18 wrote:
Of the top of my head here is what I have considering AF vs. value

Hilton Surprass
US Bank Altitude Rewards
Wells Fargo Propel
Citi Prestige
NFCU GoRewards
Chase Sapphire Preferred
AMEX Gold
AOD Visa Signature (unstoppable)

These are the cards that people look to build a wallet around. Work towards getting by improving credit scores for.
I don't have a single one of these cards.

I only have one on that list ....

For a simple 4-card, no AF, cash back wallet for beginners, I always recommend:

Citi Double Cash (2% on everything)

Amex Blue Cash Everyday (3% groceries)

Wells Fargo Propel (3% on gas, restaurants, travel, transit, streaming)

Discover (5% on rotating categories; 10% in year one with matching)

You could replace Discover (or augment it) with Chase Freedom and/or US Bank Cash+ which offer 5% quarterly categories.

If this AOD 3% card turns out to be legit, you could replace the first three and have a 2-card wallet. But I have a feeling that card will be more difficult to get than the list above. Further, the cards above are a good sampling of major lenders which is a plus for the credit score.

From there, you could optimize. If you use Amazon a bunch, get the Chase Amazon Prime card for 5% there, etc.

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 15:19:14 GMT

@Anonymous wrote:
Further, the cards above are a good sampling of major lenders which is a plus for the credit score.

What does that mean?

As for your list, BCE only makes sense if you buy groceries at places that code that way for Amex. And even then, it's just a max of $60 a year over the 2% card (and for that I would replace the DC with PPMC or another alternative)

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 16:12:47 GMT

@Anonymous wrote:
I suspect the OP was cut off from finishing the post.

Look at the OP's posting history.

Re: The best credit cards

Nostradamuz — Wed, 29 Apr 2020 18:52:38 GMT

What is OP ?

Re: The best credit cards

wasCB14 — Wed, 29 Apr 2020 19:58:28 GMT

@Nostradamuz wrote:
What is OP ?

Original Poster. The person who started a thread.

In this case, you.

Re: The best credit cards

Nostradamuz — Wed, 29 Apr 2020 20:11:03 GMT

That post is complete. It is an interesting topic.

Re: The best credit cards

Anonymous — Wed, 29 Apr 2020 20:56:32 GMT

@Nostradamuz wrote:
That post is complete. It is an interesting topic.

Well, opinions can differ but mine is that the way that was expressed is almost vacuous.

There are many credit cards with good rewards with/without annual fee and with bonus and other offers.

is of the form: There are many good X, both with and without Y, and some Z.

Most things can fall into this. Probably not say fatal diseases, or mass atrocities, but certainly cars, dishwashers, people etc!