topic Re: Cards you wish existed in Credit Cards

Cards you wish existed

CreditScholar — Wed, 07 Mar 2012 04:48:06 GMT

Are there any cards that you wish existed, but don't? This could be even a gap in cards that your bank has, cards that are great save 1-2 major shortcomings, etc.

For me it'd be:

1. A Chase everyday rewards card with year-round bonuses in groceries, gas, drugstores, and perhaps internet/phone bills. It'd be similar to the Amex BCP with UR points.

2. More Amex cards with no forex fees.

3. More Chip & PIN cards. Virtually none exist currently in the US.

What else would people like to see out there? Let's keep things realistic here, so no "I want everything with no AF" posts please.

Re: Cards you wish existed

mmduluth — Wed, 07 Mar 2012 04:53:07 GMT

I think my Freedom card would be PERFECT if it kept the same rotating categories but it was always 5% on gas with no cap! A guy can dream!

Re: Cards you wish existed

andre181 — Wed, 07 Mar 2012 04:57:00 GMT

I would love a premium Discover Card that has 5% cash back on everything. An AF of $75 or $100 would be fine with me, if they did it.

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 05:07:34 GMT

@andre181 wrote:
I would love a premium Discover Card that has 5% cash back on everything. An AF of $75 or $100 would be fine with me, if they did it.

Wouldn't we all

Realistically a card that gave you 2-3% back on a few categories of your choosing would be nice. Similar to BCE/BoA1-2-3 except you could choose 3 categories and always get 2-3% back with no cap.

Re: Cards you wish existed

haulingthescoreup — Wed, 07 Mar 2012 05:07:43 GMT

Someone or another has a biz card that covers such things as bridge tolls and commuting costs.

I'd be all over that thing if it were on a personal card.

And if they'd add in drugstores, I would have pretty well captured all the excitement of my pitiful life (gas, grocs, commuting, drugstores, department stores.)

Re: Cards you wish existed

drsmith — Wed, 07 Mar 2012 05:10:24 GMT

A metal card for great credit, but average spending.

Sapphire preferred doesn't count. I've handled dozens of them. They are not metal.

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 05:36:27 GMT

Realistically, if a good bank would offer something like the Schwab Visa again I would be first to jump on board.

2% cash back on all spending

No foreign transaction fees

No AF

It's a Visa so no acceptance issues like with Fidelity Amex

Re: Cards you wish existed

Open123 — Wed, 07 Mar 2012 05:45:25 GMT

@CreditScholar wrote:

What else would people like to see out there? Let's keep things realistic here, so no "I want everything with no AF" posts please.

LOL...How'd you guess I was going to suggest this very thing?

An MR structure where I can transfer to UA, US Air, and all those currently in the MR program with an accelerated rewards spending like the PR Gold with the perks of the Platinum.

Re: Cards you wish existed

CreditScholar — Wed, 07 Mar 2012 06:11:52 GMT

@Open123 wrote:
@CreditScholar wrote:

What else would people like to see out there? Let's keep things realistic here, so no "I want everything with no AF" posts please.

LOL...How'd you guess I was going to suggest this very thing?

An MR structure where I can transfer to UA, US Air, and all those currently in the MR program with an accelerated rewards spending like the PR Gold with the perks of the Platinum.

Because there's always people out there who want something for nothing. Even worse are people who, when you tell them this, say they understand and then proceed to demand steak at hamburger prices.

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 16:44:43 GMT

I know cards are big with signup bonuses right now, but that just encourages people to get the card for the bonus and cancel before the AF is due. How about retention bonuses, I know the AMEX gold gives you bonus points if you spend more than 30k a year but what I mean is say, if you are a cardmember for longer than a certain number of years, you get the annual fee waived as long as you use your card every month.

That would be great, annual fee waivers after you have been a cardmember a certain length of time.

Re: Cards you wish existed

jamesdwi — Wed, 07 Mar 2012 16:48:45 GMT

a Visa or Mastercard from billmelater, that offered 1-2% rewards, plus only reports as a TL when UTL is less than 25% so you are free to make large interest free purchases and beneft from its CL when you aren't carrying a balance.

Re: Cards you wish existed

Creditaddict — Wed, 07 Mar 2012 17:54:08 GMT

The funny thing is what everyone seems to want is what we use to have... Chase Freedom "PLUS" was a $30-$40 annual fee if I remember correctly and it gave you the 3%? I think it was on "YOUR" top 6 categories and it changed every month if "YOU" spent more in a different category over last month... so basically you got the 3% on ALL purchases because really how many categories do we have!

Currently the only flat out 2% cash back on ALL purchases with no caps is the new Capital One Business card that they just came out with!!! I want it! but it will have to wait until my reports are not frozen, I'm not paying $30 to unlock them for 1 day to get approved for $500!

This new Barclay Card that was posted yesterday looks VERY interesting though!

Re: Cards you wish existed

Open123 — Wed, 07 Mar 2012 18:00:48 GMT

Sallie Mae and Fid Amex all offer 2% no fee. Also, with an existing relationship, Ameriprise Elite MC is 2% with no annual fee.

The Sparks is $59 annual fee after the first year.

Re: Cards you wish existed

clocktick — Wed, 07 Mar 2012 18:11:44 GMT

@Open123 wrote:
Sallie Mae and Fid Amex all offer 2% no fee. Also, with an existing relationship, Ameriprise Elite MC is 2% with no annual fee.

The Sparks is $59 annual fee after the first year.

The Sallie Mae isn't a solid 2% CASHback card though from what I read? Please correct me if I'm wrong. It seems as if a certain percentage goes toward your SM loans, or the redemption of 2% is only during the first few months? The Fid Amex, you need to have ties/account with them? I would like ones with no strings, 1.5-2% CASHback with no increments (haha). I think BOA has a 1.5% card? Also, more cards with 0 forex fees!

Re: Cards you wish existed

Open123 — Wed, 07 Mar 2012 18:16:08 GMT

@clocktick wrote:
@Open123 wrote:
Sallie Mae and Fid Amex all offer 2% no fee. Also, with an existing relationship, Ameriprise Elite MC is 2% with no annual fee.

The Sparks is $59 annual fee after the first year.

The Sallie Mae isn't a solid 2% CASHback card though from what I read? Please correct me if I'm wrong. It seems as if a certain percentage goes toward your SM loans, or the redemption of 2% is only during the first few months? The Fid Amex, you need to have ties/account with them? I would like ones with no strings, 1.5-2% CASHback with no increments (haha). I think BOA has a 1.5% card? Also, more cards with 0 forex fees!

Sallie Mae isn't a pure 2%, in the sense that you must redeem at 25,000 points for the full $250 value. However, initial sign up is 10,000 points for spending $500 in 3 months. So, an additional $7,500 will get you the full 2%. It can be redeemed for cash, not just student loan payments.

You have to have a Fid account, but there is no funding requirement. This one is a pure no fee, no strings attached 2% cashback card. It redeems into your Fidelity account, which you can then have a check sent, or direct deposited into a bank account of your choice.

For no forex, the Cap One 1.5% is hard to beat. For my money, it's the best "cashback + 0 forex" fee card out there, and would be my choice for int'l travel, if you're ok with Cap One, which I am.

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 19:05:14 GMT

I want the one obama has. Send the bill to the treasury. I mean a couple trillion cli whenever it is needed aint to shabby.

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 19:14:21 GMT

@Anonymous wrote:
I want the one obama has. Send the bill to the treasury. I mean a couple trillion cli whenever it is needed aint to shabby.

Yeah, pretty sweet deal. I know the last guy never bought with credit either, am I right?

Not sure why political talking points are going in this thread.

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 19:18:00 GMT

On a non political note, I wonder who the President has credit cards with. Not just currently, but Presidents in general. I would imagine Amex, right?

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 19:24:44 GMT

Oh yeah they all spent like it was an open ended cl. Not trying to be political, he ks simply the current authorized user. The next guy, whoever that may be, will get a brand spanking new card with their own trillion jncreases.

Sorry didnt mean to offend. I would just like that to have that card..although i couldnt be elected dog catcher.

Re: Cards you wish existed

Anonymous — Wed, 07 Mar 2012 19:27:19 GMT

@Anonymous wrote:
Oh yeah they all spent like it was an open ended cl. Not trying to be political, he ks simply the current authorized user. The next guy, whoever that may be, will get a brand spanking new card with their own trillion jncreases.

Sorry didnt mean to offend. I would just like that to have that card..although i couldnt be elected dog catcher.

No offense taken. I don't think it's too policitcal minus the mention of Obama specifically. But yes, our government from Presidents to Congress, they have a sweet card with CLIs whenever they want. I just hope China is giving us a decent APR!