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Am I missing anything?

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way2evil
New Contributor

Am I missing anything?

I am looking to maximize all my rewards. Currently I have

 

Amex Zync

JP Morgan Select (10k)

Chase Amazon (5k)

GE Amazon (2200)

Discover It(3k)

BOA Cash Rewards (7k)

 

Missing anything here to maximze rewards?

Message 1 of 17
16 REPLIES 16
chnceit
Valued Contributor

Re: Am I missing anything?


@way2evil wrote:

I am looking to maximize all my rewards. Currently I have

 

Amex Zync

JP Morgan Select (10k)

Chase Amazon (5k)

GE Amazon (2200)

Discover It(3k)

BOA Cash Rewards (7k)

 

Missing anything here to maximze rewards?


Do you travel? I dont really see a travel rewards card like a CSP?


Last Pulled EQ: 809
Last Credit Card App: 02/05/2016
Last CLI: 02/06/2016
Find Me: Gardening
Message 2 of 17
daybreakgonesXe
Valued Contributor

Re: Am I missing anything?


@way2evil wrote:

I am looking to maximize all my rewards. Currently I have

 

Amex Zync

JP Morgan Select (10k)

Chase Amazon (5k)

GE Amazon (2200)

Discover It(3k)

BOA Cash Rewards (7k)

 

Missing anything here to maximze rewards?


Chase Freedom, Citi Forward, Citi Dividend, AMEX BCE, Penfed Rewards come to mind! you already have a great selection of cards though, so don't feel pressured that you need every card in the world! Chase Freedom would be helpful to pair with your JP Morgan Select card!

Message 3 of 17
bs6054
Valued Contributor

Re: Am I missing anything?


@way2evil wrote:

I am looking to maximize all my rewards. Currently I have

 

Amex Zync

JP Morgan Select (10k)

Chase Amazon (5k)

GE Amazon (2200)

Discover It(3k)

BOA Cash Rewards (7k)

 

Missing anything here to maximze rewards?


Depends what you spend it on and what you want!

 

For example, you don't have BCP which gives 6% on groceries, Penfed for 5% on gas, and a 2% card for "everything else" which isn't covered by other categories.  Citi Forward for 5% at amazon as compared to Chase 3% (and forward gives 5% for dining and entertainment).  Utilities (Chase Ink)?  And if specific airlines/hotels are goals, you don't seem to have branded cards or travel cards from Amex/Chase/Citi

 

So, hard to answer without knowing the goal, but the answer is almost certainly "Yes, you are missing something"

 

Edit: beaten by others, and I forgot that the Select was basically the travel card, but then, as daybreak says, something like the Freedom is needed to push the points.

Message 4 of 17
E150GT
Frequent Contributor

I thought freedom was a cash back card?

I thought freedom was a cash back card?


CSP-$8700, Amex BCE-17.2k, Chase Freedom-$5700
Discover It-$6600, USAA MC-$5900 Ink Bold- $12k United Explorer-$5k
Message 5 of 17
distantarray
Established Contributor

Re: I thought freedom was a cash back card?


@E150GT wrote:

I thought freedom was a cash back card?


it is and it isn't.

 

Cash back card if you only have the Freedom card, if you couple it with a Sapphire or Ink then you can use the points however you want for travel etc.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 6 of 17
way2evil
New Contributor

Re: Am I missing anything?

I travel maybe once or twice a year nothing much. Alot of my purchases are gas, amazon, shopping, and general stuff. Nothing like groceries or anything. I really don't want another chase card as I have two already. I like chase and refuse to use citi.
Message 7 of 17
withaspark
Contributor

Re: Am I missing anything?


@bs6054 wrote:

For example, you don't have BCP which gives 6% on groceries


 +1 ...the AMEX BCP is our family workhorse...but for those with no other mouths to feed, one may have to make some non-grocery grocery store purchases to get the benefits of the AF.

Message 8 of 17
bs6054
Valued Contributor

Re: Am I missing anything?


@way2evil wrote:
I travel maybe once or twice a year nothing much. Alot of my purchases are gas, amazon, shopping, and general stuff. Nothing like groceries or anything. I really don't want another chase card as I have two already. I like chase and refuse to use citi.

Fine, but you asked about maximizing rewards.  If you add constraints such "no more than 2 chase cards" and "no citi cards" you aren't going to maximize, especially if Amazon is part of your spending.

Message 9 of 17
youngandcreditwrthy
Senior Contributor

Re: Am I missing anything?

Cards look great; congrats!!!!

You could use an Amex revolver... Like BCE at least!:-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 10 of 17
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