topic Re: Most Underrated Credit Cards? in SmorgasBoard

Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 20:47:40 GMT

I'm kind of curious to see what everyone would view as the most underrated credit cards currently on the market.

1. Sam's Club MasterCard (or Costco Anywhere Visa if you shop at Costco)- The Sam's Club Mastercard having 5% cashback on gas instead of 4% but having a lower limit on it at 6k vs 7k for the costco card. You also get 3% cashback on dining and travel and no foreign transaction fee. This beats out the Uber Visa in my book because it only gives 1% less cashback at restaurants while giving 5% back on Gas purchases if you have the Sam's Club Mastercard I really don't see a point in getting the Uber Visa. Also unlike the Ducks Unlimited Credit Card which gives unlimited cashback on gas the Sam's Club mastercard is very easy to get approved for because Synchrony is a lot less inquiry sensitive compared to First National Bank of Omaha and most of us are not going to spend 6k or more a year on purchases that code as gas.

2. Discover Miles Card- Unlimited 3% cashback for the first year and no annual fee. It gives the same unlimited 3% cashback as the Alliant Visa Signature card in the first year and has no annual fee every year afterwards unlike the Alliant Visa Signature card. So if you have the citi double cash for example you could sock drawer that for a year using the Discover Miles instead and go back to the citi card later. You won't have to spend over 10k a year to make up the $99 annual fee the alliant visa signature charges the second year and every year after that.

3. The American Express Everyday Preferred- If you are single and don't have kids this card will probably be 99% more useful to the average person than the Amex Gold Card. The 30 transactions a month for the 50% bonus in points is quite easy to hit and this card can work great as your general spend card with it's 1.5 points, your gas card with it's 3 points and your grocery card with it's 4.5 points. Granted the grocery spending is limited to 6k instead of 25k but if you buy most of your groceries at Sam's Club, Target, Walmart, etc. which don't code as grocery store the 25k limit on the amex gold card is pretty pointless.

The EDP card is just useful in general and is a lot better choice for most instead of the gold card with the gold card only making sense to get for certain individuals in certain situations with it's $250 annual fee vs $95 anual fee for the EDP. Plus you can get 2 sign up bonuses for the EDP vs only 1 for the gold card. You can apply and get a sign up bonus for the Everyday card and get an upgrade bonus off for upgrading to the EDP so even though the gold card might have a higher bonus then the EDP card you can potentially get more bonus points from getting the ED card and upgrading to the EDP. Last but not least you can downgrade the EDP to the ED card if you don't want to pay an annual fee where as the gold card you can only down grade to green card and will still have to pay an annual fee.

Anyway those are just 3 cards I think are very very underrated. I'm curious what cards others on here think are also very underrated.

Re: Most Underrated Credit Cards?

wasCB14 — Thu, 04 Jul 2019 21:18:10 GMT

Delta Platinum...As someone who flies Delta occasionally but doesn't have status, I'm looking forward to the companion certificate upon renewal. With that and the free bags, it's a card I probably should have gotten quite a while ago.

Costco (and DC) might have topped my "underrated" list before the upcoming nerfs were announced.

IHG used to have an uncapped renewal night. Until it got nerfed, I thought it was vastly underrated. It's still a pretty good card.

Re: Most Underrated Credit Cards?

mikesonthemend — Thu, 04 Jul 2019 21:18:47 GMT

When I leave the garden, this will be my plan:

@Anonymous wrote:
3. The American Express Everyday Preferred- If you are single and don't have kids this card will probably be 99% more useful to the average person than the Amex Gold Card. The 30 transactions a month for the 50% bonus in points is quite easy to hit and this card can work great as your general spend card with it's 1.5 points, your gas card with it's 3 points and your grocery card with it's 4.5 points. Granted the grocery spending is limited to 6k instead of 25k but if you buy most of your groceries at Sam's Club, Target, Walmart, etc. which don't code as grocery store the 25k limit on the amex gold card is pretty pointless.

The EDP card is just useful in general and is a lot better choice for most instead of the gold card with the gold card only making sense to get for certain individuals in certain situations with it's $250 annual fee vs $95 anual fee for the EDP. Plus you can get 2 sign up bonuses for the EDP vs only 1 for the gold card. You can apply and get a sign up bonus for the Everyday card and get an upgrade bonus off for upgrading to the EDP so even though the gold card might have a higher bonus then the EDP card you can potentially get more bonus points from getting the ED card and upgrading to the EDP. Last but not least you can downgrade the EDP to the ED card if you don't want to pay an annual fee where as the gold card you can only down grade to green card and will still have to pay an annual fee.

Thanks for posting!

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 21:46:17 GMT

@mikesonthemend wrote:
When I leave the garden, this will be my plan:
@Anonymous wrote:
3. The American Express Everyday Preferred- If you are single and don't have kids this card will probably be 99% more useful to the average person than the Amex Gold Card. The 30 transactions a month for the 50% bonus in points is quite easy to hit and this card can work great as your general spend card with it's 1.5 points, your gas card with it's 3 points and your grocery card with it's 4.5 points. Granted the grocery spending is limited to 6k instead of 25k but if you buy most of your groceries at Sam's Club, Target, Walmart, etc. which don't code as grocery store the 25k limit on the amex gold card is pretty pointless.

The EDP card is just useful in general and is a lot better choice for most instead of the gold card with the gold card only making sense to get for certain individuals in certain situations with it's $250 annual fee vs $95 anual fee for the EDP. Plus you can get 2 sign up bonuses for the EDP vs only 1 for the gold card. You can apply and get a sign up bonus for the Everyday card and get an upgrade bonus off for upgrading to the EDP so even though the gold card might have a higher bonus then the EDP card you can potentially get more bonus points from getting the ED card and upgrading to the EDP. Last but not least you can downgrade the EDP to the ED card if you don't want to pay an annual fee where as the gold card you can only down grade to green card and will still have to pay an annual fee.

Thanks for posting!

No Problem. Just know that the bonuses can be larger than the Gold Card bonus. For example I got a 15k bonus for ED and will get another 25k bonus for upgrading to the EDP after 2k minimum spend in 90 days. The gold card currently last time I checked gives out a 35k bonus offer however for a while it did give out a 50k bonus and you might still be able to get an offer for that which would be higher than both the ED and EDP upgrade bonuses combined.

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 21:49:54 GMT

Propel.

Wide categories of great earning rate
Earn more mall and wf deals

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 22:07:51 GMT

Based on the initial post I have to say the Uber Card is underrated.

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 22:19:25 GMT

I second the Barclays Uber Visa card. For a no annual fee card, 4% on dining, 3% on travel, 2% on online purchases is pretty sweet!

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 22:47:49 GMT

Sorry guys but if you have the Sam's Club Mastercard or the Costco Anywhere Visa their really is no point having the Uber card. The Sam's Club and Costco cards both give 3% cash back on dining and and travel which is the same on travel as the uber card and only 1% less for dining and the Sam's Club and Costco also give 5% and 4% cashback on gas. If your a Sam's Club or Costco member you might as well get their credit cards because they are just superior when compared to the Uber Visa. As far as the 2% back on online purchases goes the citi double cash and paypal mastercard both do that but not on just online spending but on all purchases and the Discover Miles card beats that in the first year with it being 3% and every year after it's 1.5% which is only a .5% difference which such a small difference to me I could care less.

Honestly this is the reason why I view the Sam's Club Mastercard and Costco Anywhere Visa is being vastly underrated cards because both of them are much better cards than the Uber Visa. Honestly the Uber Visa is 4% cashback on dining and several credit cards already offer 3% which is only a 1% difference which is very little now if the Uber Visa had 5% cashback on dining then yeah I would say it's worth getting the card but for 1% difference in one category and not including gas which Costco and Sam's both have on their credit cards just makes them outclass the Uber Visa if you are a Sam's or Costco member.

Re: Most Underrated Credit Cards?

AverageJoesCredit — Thu, 04 Jul 2019 23:01:19 GMT

I dont like Barclays nor can i get one, but I'd wager that as good as those cards can be , the fact you have to have a membership to access those cards, an AF in a round about way, many might choose the Uber card due to no af or restrictions. A card is only superior to another if the user uses it in such a way that it makes their spend worthwhile, imo

Re: Most Underrated Credit Cards?

Eagered2succeed — Thu, 04 Jul 2019 23:05:14 GMT

What also is appealing about the uber card is the 50 dollar annual streaming credit that you get for spending at least 5K every calendar year. With my DirecTV now only being 15 a month it almost pays for itself.

Re: Most Underrated Credit Cards?

wasCB14 — Thu, 04 Jul 2019 23:12:07 GMT

Keep it mind it takes a lot of off-category spending at 2.5% or 3% to out-earn a card with a $500 cash or 50k+ mile bonus.

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 23:18:57 GMT

@Anonymous wrote:
Sorry guys but if you have the Sam's Club Mastercard or the Costco Anywhere Visa their really is no point having the Uber card. The Sam's Club and Costco cards both give 3% cash back on dining and and travel which is the same on travel as the uber card and only 1% less for dining and the Sam's Club and Costco also give 5% and 4% cashback on gas. If your a Sam's Club or Costco member you might as well get their credit cards because they are just superior when compared to the Uber Visa. As far as the 2% back on online purchases goes the citi double cash and paypal mastercard both do that but not on just online spending but on all purchases and the Discover Miles card beats that in the first year with it being 3% and every year after it's 1.5% which is only a .5% difference which such a small difference to me I could care less.

Honestly this is the reason why I view the Sam's Club Mastercard and Costco Anywhere Visa is being vastly underrated cards because both of them are much better cards than the Uber Visa. Honestly the Uber Visa is 4% cashback on dining and several credit cards already offer 3% which is only a 1% difference which is very little now if the Uber Visa had 5% cashback on dining then yeah I would say it's worth getting the card but for 1% difference in one category and not including gas which Costco and Sam's both have on their credit cards just makes them outclass the Uber Visa if you are a Sam's or Costco member.

The Sam's Club MC and Costco Visa has annual membership fees of at least $45 and $55. Plus I have no patience to wait a whole year to get my cashback! lol

The most underrated card would is to be invited for the Ollo Optimum Card. Unlimited 2.5% cash back and no annual fee.

https://www.ollocard.com/Optimum-Card

Re: Most Underrated Credit Cards?

Andypanda — Thu, 04 Jul 2019 23:26:59 GMT

@Anonymous wrote:
Sorry guys but if you have the Sam's Club Mastercard or the Costco Anywhere Visa their really is no point having the Uber card. The Sam's Club and Costco cards both give 3% cash back on dining and and travel which is the same on travel as the uber card and only 1% less for dining and the Sam's Club and Costco also give 5% and 4% cashback on gas. If your a Sam's Club or Costco member you might as well get their credit cards because they are just superior when compared to the Uber Visa. As far as the 2% back on online purchases goes the citi double cash and paypal mastercard both do that but not on just online spending but on all purchases and the Discover Miles card beats that in the first year with it being 3% and every year after it's 1.5% which is only a .5% difference which such a small difference to me I could care less.

Honestly this is the reason why I view the Sam's Club Mastercard and Costco Anywhere Visa is being vastly underrated cards because both of them are much better cards than the Uber Visa. Honestly the Uber Visa is 4% cashback on dining and several credit cards already offer 3% which is only a 1% difference which is very little now if the Uber Visa had 5% cashback on dining then yeah I would say it's worth getting the card but for 1% difference in one category and not including gas which Costco and Sam's both have on their credit cards just makes them outclass the Uber Visa if you are a Sam's or Costco member.

My costco membership more than pays for itself. I have an executive membership. So for i have earned over $280 in the executive 2% cash back. That doesn’t include savings vs other stores, or 2% costco visa cadh back.

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 23:53:25 GMT

@AverageJoesCredit wrote:
I dont like Barclays nor can i get one, but I'd wager that as good as those cards can be , the fact you have to have a membership to access those cards, an AF in a round about way, many might choose the Uber card due to no af or restrictions. A card is only superior to another if the user uses it in such a way that it makes their spend worthwhile, imo

Like I said in the previous post if you are a Sam's Club or Costco member their really isn't a reason to get the uber card. It's a 1% difference in Dining and the Sam's and Costco cards both give bonuses in gas. Again, if you are a Sam's Club or Costco member they both have cards better then the uber visa.

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 23:55:54 GMT

@Eagered2succeed wrote:
What also is appealing about the uber card is the 50 dollar annual streaming credit that you get for spending at least 5K every calendar year. With my DirecTV now only being 15 a month it almost pays for itself.

Yeah I doubt most people are going to get anywhere near spending that on the dining category which is what the Uber card is known for. If your spending that on online shopping the Bank of America Cash Rewards choosing the internet category for 3% breaks even with the Uber Visa at that point.

Re: Most Underrated Credit Cards?

kdm31091 — Thu, 04 Jul 2019 23:58:25 GMT

I don't really think the Uber is underrated as we see plenty of buzz about it. I think it's pretty fairly rated as a good card, at least for the 4 and 3% categories. IMO the 2% online shopping really is irrelevant since you can get 2% on all purchases with other products. The main problem with Uber is that it's from Barclay which is polarizing around here.

In my opinion there aren't a whole lot of underrated cards. Each product out there serves a purpose for a set of users. Some will find it useful and some won't. All cards have pros and cons. The Sam's card requires a membership you may not otherwise need. Amex EDP is a great point earning card, unless you decide you want to redeem for cash then it becomes not so great. The point is there's drawbacks to every product out there. Truly all around great products don't fly under the radar with this and other forums, blogs, etc so it's hard to find anything that's truly underrated or not noticed.

Re: Most Underrated Credit Cards?

Anonymous — Thu, 04 Jul 2019 23:58:35 GMT

@Anonymous wrote:
@Anonymous wrote:
Sorry guys but if you have the Sam's Club Mastercard or the Costco Anywhere Visa their really is no point having the Uber card. The Sam's Club and Costco cards both give 3% cash back on dining and and travel which is the same on travel as the uber card and only 1% less for dining and the Sam's Club and Costco also give 5% and 4% cashback on gas. If your a Sam's Club or Costco member you might as well get their credit cards because they are just superior when compared to the Uber Visa. As far as the 2% back on online purchases goes the citi double cash and paypal mastercard both do that but not on just online spending but on all purchases and the Discover Miles card beats that in the first year with it being 3% and every year after it's 1.5% which is only a .5% difference which such a small difference to me I could care less.

Honestly this is the reason why I view the Sam's Club Mastercard and Costco Anywhere Visa is being vastly underrated cards because both of them are much better cards than the Uber Visa. Honestly the Uber Visa is 4% cashback on dining and several credit cards already offer 3% which is only a 1% difference which is very little now if the Uber Visa had 5% cashback on dining then yeah I would say it's worth getting the card but for 1% difference in one category and not including gas which Costco and Sam's both have on their credit cards just makes them outclass the Uber Visa if you are a Sam's or Costco member.

The Sam's Club MC and Costco Visa has annual membership fees of at least $45 and $55. Plus I have no patience to wait a whole year to get my cashback! lol

The most underrated card would is to be invited for the Ollo Optimum Card. Unlimited 2.5% cash back and no annual fee.
https://www.ollocard.com/Optimum-Card

Any idea how you get an offer for that card? I would apply for it. In the case of Ollo Optimum Card I would probably say it's not the most underrated I would say it's the most unknown.

Re: Most Underrated Credit Cards?

kdm31091 — Thu, 04 Jul 2019 23:59:51 GMT

@Anonymous wrote:
@Anonymous wrote:
Sorry guys but if you have the Sam's Club Mastercard or the Costco Anywhere Visa their really is no point having the Uber card. The Sam's Club and Costco cards both give 3% cash back on dining and and travel which is the same on travel as the uber card and only 1% less for dining and the Sam's Club and Costco also give 5% and 4% cashback on gas. If your a Sam's Club or Costco member you might as well get their credit cards because they are just superior when compared to the Uber Visa. As far as the 2% back on online purchases goes the citi double cash and paypal mastercard both do that but not on just online spending but on all purchases and the Discover Miles card beats that in the first year with it being 3% and every year after it's 1.5% which is only a .5% difference which such a small difference to me I could care less.

Honestly this is the reason why I view the Sam's Club Mastercard and Costco Anywhere Visa is being vastly underrated cards because both of them are much better cards than the Uber Visa. Honestly the Uber Visa is 4% cashback on dining and several credit cards already offer 3% which is only a 1% difference which is very little now if the Uber Visa had 5% cashback on dining then yeah I would say it's worth getting the card but for 1% difference in one category and not including gas which Costco and Sam's both have on their credit cards just makes them outclass the Uber Visa if you are a Sam's or Costco member.

The Sam's Club MC and Costco Visa has annual membership fees of at least $45 and $55. Plus I have no patience to wait a whole year to get my cashback! lol

The most underrated card would is to be invited for the Ollo Optimum Card. Unlimited 2.5% cash back and no annual fee.
https://www.ollocard.com/Optimum-Card

Always be skeptical of new, too good to be true offers. If there's not a catch yet there will be a catch at some point.

Re: Most Underrated Credit Cards?

AverageJoesCredit — Fri, 05 Jul 2019 00:03:11 GMT

@Anonymous wrote:
@AverageJoesCredit wrote:
I dont like Barclays nor can i get one, but I'd wager that as good as those cards can be , the fact you have to have a membership to access those cards, an AF in a round about way, many might choose the Uber card due to no af or restrictions. A card is only superior to another if the user uses it in such a way that it makes their spend worthwhile, imo
Like I said in the previous post if you are a Sam's Club or Costco member their really isn't a reason to get the uber card. It's a 1% difference in Dining and the Sam's and Costco cards both give bonuses in gas. Again, if you are a Sam's Club or Costco member they both have cards better then the uber visa.

Wow, twice in one post. I think most people here , including myself, can read and understand your opinion. I gave mine, and we can leave it at that. These cards aren't actually underated as quite afew people have them and praise them. We shouldnt take a post about underated cards and turn it into this card is better than that one hands down. Doesnt work that way. One persons spend can negate another card if they use a cat more heavily than another.

Re: Most Underrated Credit Cards?

Anonymous — Fri, 05 Jul 2019 00:10:56 GMT

@AverageJoesCredit wrote:
@Anonymous wrote:
@AverageJoesCredit wrote:
I dont like Barclays nor can i get one, but I'd wager that as good as those cards can be , the fact you have to have a membership to access those cards, an AF in a round about way, many might choose the Uber card due to no af or restrictions. A card is only superior to another if the user uses it in such a way that it makes their spend worthwhile, imo
Like I said in the previous post if you are a Sam's Club or Costco member their really isn't a reason to get the uber card. It's a 1% difference in Dining and the Sam's and Costco cards both give bonuses in gas. Again, if you are a Sam's Club or Costco member they both have cards better then the uber visa.

Wow, twice in one post. I think most people here , including myself, can read and understand your opinion. I gave mine, and we can leave it at that. These cards aren't actually underated as quite afew people have them and praise them. We shouldnt take a post about underated cards and turn it into this card is better than that one hands down. Doesnt work that way. One persons spend can negate another card if they use a cat more heavily than another.

Apparently not because you all keep thinking I'm bashing the Uber card when all I stated from the beginning is that if you are sam's club or costco member their credit cards have better value with gas category and dining earning only being 1% less. I honestly don't understand why you are getting upset about this.