topic Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES in Credit Cards

POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Wed, 01 Aug 2012 22:44:50 GMT

First, you guys are giving me GREAT advice, much appreciated.

Here's MY deal...

...someone recommened here that, in his opinion, getting one card each (discover, VISA, MC and AMEX) covers your bases. Good advice, but I don't want to carry something if I rarely ever use it.

In my case, I want: 1) CASH REWARDS for buying gas, eating out, shopping, groceries etc; and, 2) I want AIRLINE MILES. Every year I travel from Florida to Europe. Also, no foreign transaction fees; and, 3) no annual fee UNLESS you guys feel its worth it (i.e., rewards cancel out the fee)

WHICH CARDS ARE THE BEST? That is, which cards should I really shoot for and is WORTH the hard pull on my credit report?

Thanks again, as always.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Wed, 01 Aug 2012 22:46:49 GMT

What do your credit scores look like?

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Wed, 01 Aug 2012 23:00:31 GMT

Well, that question goes with some other posts that I have made here.

I'm NOT applying anytime soon for these IDEAL cards b/c I'm trying to bump my FICO as high as possible. I have ONE negative student loan account, for example, that has derogs (missed payments, last one January 2012 and now has been consistently being paid six months now. I'm gonna wait until February, 2013 to apply for these IDEAL cards when I have 12 solid months of payments since my derogs.

Also, per my previous post, I want to apply when my UTI is <8% on the four present cards I carry.

That being said, my current FICO scores (with my student loan derog and UTI of 78%) pulled two weeks ago:

TU 667

Equifax 672

Experian ???

That being said, I wont apply till March, 2013. Thanks.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

jamesdwi — Wed, 01 Aug 2012 23:10:18 GMT

the absolute best rewards cards are the ones that you AP for an are approved, and use. If you don't do all three you won't recieve rewards.

with that note:

AMEX BCP is my first choice but you need to spend a lot to break even has a AF

AMEX BCE is the secord, hard to get but has decent rewards

AMEX Zync with packs, poissibly NPSL and 1% standard with packs getting 2% has AF plus some packs cost money.

CapOne rewards 1% on everything, 2% on gas stations easy to get with a small AF $39

other capone's are nice but much harder to get.

Chase Freedom, DISC more, DISC IT has 5% on rotating items. and 1% on everything and upto 10% on certain retailers got 5% off hotels.com which also gives 1 free night after 10 stays, prices some of the best on the net.

DISC more, DISC IT has 5% on rotating items. but has low rewards untill you spend a lot of money.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Wed, 01 Aug 2012 23:14:06 GMT

FWIW...I am also a full member of USAA, if that matters

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Wed, 01 Aug 2012 23:19:12 GMT

Penfed cu offers 5% gas

Amex BCP 3% groceries

Personally I use cap1 cash rewards which gives you a 50% bonus each year so it's basically 1.5% for everything (I shop at walmart because my groceries are always 10% cheaper there compared to "actual" grocery stores) and I use 2% amex bce for gas (you could use bank of america 3% but never apped for it or penfed)

AMEX offers 2% back on everything if you use ceratin accounts such as the fidelity amex

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

LS2982 — Wed, 01 Aug 2012 23:20:04 GMT

Need more info about your credit file.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

LS2982 — Wed, 01 Aug 2012 23:24:46 GMT

Sorry posting from cell phone can't edit post.

Not sure what cards you have currently but I would recommend:

AMEX BCP
Chase Freedom
Discover More
Citi Thank You Premier

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

bettercreditguy1 — Wed, 01 Aug 2012 23:58:32 GMT

What are your FICO Scores? Are you well seasoned (high scores) or lower than prime or sub prime?

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

jsucool76 — Wed, 01 Aug 2012 23:59:37 GMT

@jamesdwi wrote:
the absolute best rewards cards are the ones that you AP for an are approved, and use. If you don't do all three you won't recieve rewards.

with that note:

AMEX BCP is my first choice but you need to spend a lot to break even has a AF
AMEX BCE is the secord, hard to get but has decent rewards
AMEX Zync with packs, poissibly NPSL and 1% standard with packs getting 2% has AF plus some packs cost money.

CapOne rewards 1% on everything, 2% on gas stations easy to get with a small AF $39
other capone's are nice but much harder to get.

Chase Freedom, DISC more, DISC IT has 5% on rotating items. and 1% on everything and upto 10% on certain retailers got 5% off hotels.com which also gives 1 free night after 10 stays, prices some of the best on the net.

DISC more, DISC IT has 5% on rotating items. but has low rewards untill you spend a lot of money.

Which capital one card gets 2% back on gas? I have the Cash rewards card and I don't get that D:

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Thu, 02 Aug 2012 00:05:34 GMT

@jsucool76 wrote:
@jamesdwi wrote:
the absolute best rewards cards are the ones that you AP for an are approved, and use. If you don't do all three you won't recieve rewards.

with that note:

AMEX BCP is my first choice but you need to spend a lot to break even has a AF
AMEX BCE is the secord, hard to get but has decent rewards
AMEX Zync with packs, poissibly NPSL and 1% standard with packs getting 2% has AF plus some packs cost money.

CapOne rewards 1% on everything, 2% on gas stations easy to get with a small AF $39
other capone's are nice but much harder to get.

Chase Freedom, DISC more, DISC IT has 5% on rotating items. and 1% on everything and upto 10% on certain retailers got 5% off hotels.com which also gives 1 free night after 10 stays, prices some of the best on the net.

DISC more, DISC IT has 5% on rotating items. but has low rewards untill you spend a lot of money.

Which capital one card gets 2% back on gas? I have the Cash rewards card and I don't get that D:

It's the No Hassle Rewards card. for 2% on gas. Also the cool thing about the No hassle card is your cash balance is updated as your purchases post....no waiting until your statement cuts.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

jamesdwi — Thu, 02 Aug 2012 00:06:45 GMT

@jsucool76 wrote:
@jamesdwi wrote:
the absolute best rewards cards are the ones that you AP for an are approved, and use. If you don't do all three you won't recieve rewards.

with that note:

AMEX BCP is my first choice but you need to spend a lot to break even has a AF
AMEX BCE is the secord, hard to get but has decent rewards
AMEX Zync with packs, poissibly NPSL and 1% standard with packs getting 2% has AF plus some packs cost money.

CapOne rewards 1% on everything, 2% on gas stations easy to get with a small AF $39
other capone's are nice but much harder to get.

Chase Freedom, DISC more, DISC IT has 5% on rotating items. and 1% on everything and upto 10% on certain retailers got 5% off hotels.com which also gives 1 free night after 10 stays, prices some of the best on the net.

DISC more, DISC IT has 5% on rotating items. but has low rewards untill you spend a lot of money.

Which capital one card gets 2% back on gas? I have the Cash rewards card and I don't get that D:

Date Description Amount Rewards Type Rewards Amount

07/17/2012

SPEEDWAY 04292 MIL

$71.50

Earn

$1.43 Cash

2% cashback at local gas station. Platinum Mastercard rewards.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

jsucool76 — Thu, 02 Aug 2012 00:08:16 GMT

@Anonymous wrote:
@jsucool76 wrote:
@jamesdwi wrote:
the absolute best rewards cards are the ones that you AP for an are approved, and use. If you don't do all three you won't recieve rewards.

with that note:

AMEX BCP is my first choice but you need to spend a lot to break even has a AF
AMEX BCE is the secord, hard to get but has decent rewards
AMEX Zync with packs, poissibly NPSL and 1% standard with packs getting 2% has AF plus some packs cost money.

CapOne rewards 1% on everything, 2% on gas stations easy to get with a small AF $39
other capone's are nice but much harder to get.

Chase Freedom, DISC more, DISC IT has 5% on rotating items. and 1% on everything and upto 10% on certain retailers got 5% off hotels.com which also gives 1 free night after 10 stays, prices some of the best on the net.

DISC more, DISC IT has 5% on rotating items. but has low rewards untill you spend a lot of money.

Which capital one card gets 2% back on gas? I have the Cash rewards card and I don't get that D:
It's the No Hassle Rewards card. for 2% on gas. Also the cool thing about the No hassle card is your cash balance is updated as your purchases post....no waiting until your statement cuts.

Bah, I don't think you can apply for that card anymore. They only have Venture (Miles) Cash (Cash Back) and that's it for rewards. The afilliate cards are the ones with points (MTV, Sony, Playstation)

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Ron1 — Thu, 02 Aug 2012 00:45:47 GMT

I think US Bank Cash+ Visa Signature is one of the best cash rewards card. It has no AF.

Ron.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

iMacDrew — Thu, 02 Aug 2012 02:00:21 GMT

@Ron1 wrote:
I think US Bank Cash+ Visa Signature is one of the best cash rewards card. It has no AF.

Ron.

+1... choose two 5% categories, and one 2%. especially if you have bills.. because it is one of the 5% categories.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

AndySoCal — Thu, 02 Aug 2012 02:01:44 GMT

US Bank cash + card is the best. Two 5% catagories your choice one 2% catagory your choice for evewrything else 1% cash back.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Thu, 02 Aug 2012 02:19:34 GMT

With your kind of scores, I was able to get a Discover More (with 5% categories, currently gas, movie theaters, and theme parks) and a BoA 123 Cash Rewards (3% gas, 2% groceries, 1% everything else.) Those cover the bases pretty well, until you have excellent credit and can get the big time prime cards.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

migliogiorni — Thu, 02 Aug 2012 05:51:31 GMT

Discover More is not prime? They give 15 mo's no interest, not many lenders will do that. For sure prime.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

improvingmycredit — Thu, 02 Aug 2012 06:06:20 GMT

+1 - US Bank Cash+ VISA Sig.... Offers 5% cash back for travel + one other 5% cash back choice along with a 2% cash back choice with no AF. Probably my next card. Just a clarification on the BCP. To recoup the $75 annual fee, just need to spend $25 a week on groceries to cover the AF. Everything else is cake with no max on rewards. I use it for pretty much everything. It's a GREAT card and hard to beat.

Re: POLL: Absolute BEST Credit Cards for CASH REWARDS and AIRLINE MILES

Anonymous — Thu, 02 Aug 2012 06:21:42 GMT

@AndySoCal wrote:
US Bank cash + card is the best. Two 5% catagories your choice one 2% catagory your choice for evewrything else 1% cash back.

I respectfully disagree. US Bank Cash+ is awesome card but isn't the best cash card. The categories are very limiting (e.g. restaurant and fast food are 2 different categories). As your main cash card, it is actually pretty limiting. However where Cash+ shines is when it is used in conjunction with other cards. It's an unique and great supporting card. That is why it is special.