Best Credit card to use for Medical expenses??

janderson126 · ‎05-21-2021

Hi ALL,

Happy Friday

Quick question

What is the best credit card out there ( hopefully one that I already have in my wallet, which is below)? If there is a better one to add to my wallet for this purpose specifically, please let me know.

Facts:

I will be spending around 1400 + every 3 months

I just wanted to see what the best plan was to make the most for my buck.

Any advice or feedback is appercaited.

Thank you for your time.

Total Credit Line Summary (TCLS)

AMEX: $52,450
NAVY: $50,000
Sync (Sam's Card and PayPal Cash Back): $30,000
Mix of Other Cards: $25,000 – These are used for various expenses, including holidays and other purchases, with balances typically paid in full or kept at 1-2% utilization.
Total Credit Line Available: $180,000+

Credit cards are for emergencies (like tacos... just kidding). Use them responsibly!

Anonymous · ‎05-21-2021

PayPal Cashback as far as cards you already have.

BBVA ClearPoints is a good medical expense card that would give you 3% if you choose the healthcare category.

designated_knitter · ‎05-21-2021

Looks like you only have one Navy card that is nearly a year old...

You should be eligible for another one and perhaps you can get a SUB plus better rewards?

Started Over Again after Cap1 Death Penalty:
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03/02/2021:

04/06/2021:

05/28/2021:

Lesson Learned: DON'T POKE THE BEAR!!! THE BEAR WILL WIN!!!

PullingMeSoftly · ‎05-21-2021

Venmo and HMBradley have cards that give you 3% on your most utilized category, so they could be dedicated health care cards. Aside from the usual 2% lot, you could go for the AOD Sig Visa, giving you 3% on everything.

Chase Sapphire Reserve Visa Infinite │ $35,000

Chase Freedom Visa Sig │ $28,700 │ 5% rotator

Chase United Club Visa Infinite │ $35,000

Bank of America Alaska Airlines Visa Sig │ $30,000

US Bank Altitude Reserve Visa Infinite │ $20,000 │ 4.5x mobile wallet

US Bank Altitude Go Visa Sig │ $25,000 │ 4x dining │ no FTF

US Bank Cash+ Visa Sig │ $25,000 │ 5% selectable rotator

Elan Financial Services/US Bank Fidelity Rewards Visa Sig │ $25,000

Citi Costco Anywhere Visa Sig │ $24,000 │ 5% Costco gas │ 4% gas

Citi Custom Cash MC │ $24,800 │ 5% selectable rotator

Citi Custom Cash MC │ $13,000 │ 5% selectable rotator

BMO Cash Back MC │ $15,000 │ 5% streaming

Barclays Banana Republic Rewards World MC │ $20,000 │ 5x Banana-Gap-Old Navy-Athleta

Provident CU Cash Back Visa Sig │ $25,000

NFCU Flagship Rewards Visa Sig │ $80,000

PenFed Platinum Rewards Visa Sig │ $12,000 │ 5x gas

PenFed Power Cash Rewards Visa Sig │ $36,200

AOD FCU Visa Sig │ $25,000 │ 3% everything

Affinity FCU Cash Rewards Visa Sig │ $25,000 │ 5% Amazon

Nusenda CU Platinum Cash Rewards Visa │ $25,000 │ 5% rotator

Safe CU Cash Back Visa │ $25,000 │ 5% selectable rotator

Vantage West CU Connect Rewards Visa Sig │ $25,000 │ RIP 5x...to the sockdrawer

Langley FCU Signature Cash Back Visa │ $25,000 │ 5% selectable rotator

Anonymous · ‎05-21-2021

@PullingMeSoftly wrote:
Venmo and HMBradley have cards that give you 3% on your most utilized category, so they could be dedicated health care cards. Aside from the usual 2% lot, you go for the AOD Sig Visa, giving you 3% on everything.

Venmo doesn't say anything about covering health providers in their health category so I would be suspicious that it would code correctly.

Health & Beauty: Drug stores and pharmacies that sell prescription drugs, over-the-counter medicines, vitamins, and may also sell related items such as cosmetics and toiletries, and cosmetic stores that sell beauty products. This category also includes sports and recreation facilities that require membership such as health clubs, tennis, golf and swimming clubs.

https://www.synchronycredit.com/gecrbterms/html/RewardsTerms.htm

HMBradley does have healthcare listed though.

https://www.hmbradley.com/merchant-categories

babygirl1256 · ‎05-21-2021

@PullingMeSoftly Great information to know . .. Thanks for posting!!!

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850

xenon3030 · ‎05-22-2021

Discover/Paypal --> 5% in the next quarter.

AOD --> 3% on everything.

Fico8: EX~EQ~TU~840 (12 month goal~850).
BOA (CCR, UCR), Chase (CFF, CSP, Amazon, CIC, CIU), US Bank (Cash+, AR, Go, Ralphs), Discover, Citi (CCC, DC, SYW), Amex (BCP, HH, Biz Gold, BBC, BBP), Affinity CR, Cap1(Walmart), Barclays View.