topic Re: BCP or SPG in Credit Cards

BCP or SPG

darkfrosty — Thu, 18 Apr 2013 21:09:22 GMT

I cant decide. I want an amex credit card so they can backdate it. BCP seems good for the gas and groceries but im unsure which to get. I know I could get both but

I dont want tons of credit cards. I think I have too many as it is. Should never have gotten the citi card. I mainly only want to deal with chase and amex for the points. Discover IT was for a balance transfer but i paid it off so fast i dont think it was worth it. It would be dumb to cancel the citi card even though i got it a week ago lol

Re: BCP or SPG

09Lexie — Thu, 18 Apr 2013 21:13:22 GMT

Do you travel, stay at hotels?

Re: BCP or SPG

darkfrosty — Thu, 18 Apr 2013 21:16:16 GMT

currently no but will plan on in the future

Re: BCP or SPG

armbenderc — Thu, 18 Apr 2013 21:19:36 GMT

@darkfrosty wrote:
currently no but will plan on in the future

You already have Amex Plat and the CSP for travel.

I would go for BCP.

Re: BCP or SPG

Anonymous — Thu, 18 Apr 2013 21:20:22 GMT

If u don't travel, don't get the spg. Go with bcp

Re: BCP or SPG

webhopper — Thu, 18 Apr 2013 21:34:59 GMT

@Anonymous wrote:
If u don't travel, don't get the spg. Go with bcp

If you want your rewards to be redeemed for travel, Starpoints offer a good value.

If you want your rewards to be redeemed for cash, then the BCP would be the way to go.

Credit card choice depends on your prefences and how you will use the card, there is no right or wrong answer... its all personalized!

Hope this helps!

Re: BCP or SPG

09Lexie — Thu, 18 Apr 2013 21:38:33 GMT

Webhopper is correct the choice is personal. IMO, you already have a nice Chase combo for travel and you probably will get more 'everyday' use out of the BCP. Assuming the rotating categories for Freedom and Discover are not available.

Re: BCP or SPG

darkfrosty — Thu, 18 Apr 2013 21:40:15 GMT

well i only have an amex charge card and would like a credit card with them. Plus backdating to 99 helps as well.

With all the different reward systems .. MR .. UR .. cash back .. or travel .. its hard to choose.

Re: BCP or SPG

Anonymous — Thu, 18 Apr 2013 21:48:52 GMT

@darkfrosty wrote:
well i only have an amex charge card and would like a credit card with them. Plus backdating to 99 helps as well.
With all the different reward systems .. MR .. UR .. cash back .. or travel .. its hard to choose.

As a general rule, I would say that if you want travel rewards, you choose a program, and use those programs cards for most things (so Freedom/CSP/Ink etc). The programs that make most sense are the MR and UR ones (which is why I use Citi!).

If cashback is the goal, there is much less need to be program specific, look at your spending and choose a card or cards that give the best rewards for those things and those with large sign-up bonuses This might include the cashback "travel" cards such as Barclays Arrival or Cap One Venture as well.

Re: BCP or SPG

webhopper — Thu, 18 Apr 2013 21:53:42 GMT

I prefer PRG because you get 2X MR points on gas and groceries, and travel booked on Amex Travel and 3X on airfare.

Makes it good for both everyday spending and travel spending