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Best Egg Visa 1% cash back?

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LADave
Established Contributor

Best Egg Visa 1% cash back?

I've had a Best Egg Visa since January that I've barely used. Even so, every few weeks I get something in the mail from them offering me a new Visa card.

 

Today, the letter I got form them offered 1% cash back. That would make it my worst cash-back card but still better than the Best Egg card I signed up for. Does anyone know if current Best Egg cardholders will now get 1% cash back?

Message 1 of 5
4 REPLIES 4
LADave
Established Contributor

Re: Best Egg Visa 1% cash back?

I decided to give Best Egg a call for the first time today to get an answer. The operator reached out to her manager, and I got my answer: It is in the works to have 1% cash back on all current cards, although a date wasn't given. The operator pointed out that means I won't have to apply for a new card to get 1% back. (Most of my cards pay more than 1%, but I suppose that's good news for many Best Egg cardholders who can't or won't apply for other cards right now.)

 

While 1% seems to be the absolute minimum amount for cash back of any card, it's not bad for a no-AF rebuilder card. It will make me feel slightly better when I use this sockdrawered card for occasional transactions to keep my account alive for utilization padding.

 

Now, if they actually went up to 2%, I'd put way more usage on this card. But that might not be a sustainable amount of CB for a rebuilder card.

Message 2 of 5
Jeffster1
Valued Contributor

Re: Best Egg Visa 1% cash back?

The only thing they seem to be best at is clogging up my mailbox with offers for cards. 3 and 4 a week. 

FICO 8 (3/1/24) EX 805 EQ 824 TU 844
FICO 9 (2/17/24) EX 821 EQ 778TU 850
I practice AZEO - NEVER above 1% utilization across all cards.

Current lineup as of 9/23
American Express Gold | American Express Blue Cash Everyday 11K | American Express Blue Cash Preferred 10K I American Express Marriott Bonvoy Bevy 5K I American Express Hilton Honors Surpass 3K I Bank of America Customized Cash Rewards Visa 20K | Kinecta MyPerks Rewards MC 35K | TD Bank Double Up Visa 4K | USBank Platinum Visa 5K | BMO Harris Cash Back MasterCard 12K | Capital One SavorOne MC 3K | Capital One Walmart MC 2K | NFCU Amex 15K | NFCU CashRewards Visa 15K I Citi Best Buy Visa 10K I Macy’s Amex 4K I Bread Financial American Express 8K l AAA Daily Advantage Visa Signature 6K I Wells Fargo BILT World Elite MC 30K I BCU Cash Rewards Visa 8K I Chevron Techron Advantage Visa 2.5K I JCPenney Mastercard $6K I UCLA Wescom CU Rewards Visa 7K I
Message 3 of 5
LADave
Established Contributor

Re: Best Egg Visa 1% cash back?


@Jeffster1 wrote:

The only thing they seem to be best at is clogging up my mailbox with offers for cards. 3 and 4 a week. 


I'm not getting that many, but I've never seen a card that keeps sending out invitations for it after customers get approved. It's as if they have their system set up to blast solicitations out to anyone who has a particular credit profile, with no other criteria being used to weed out anyone who might not want it.

 

I'm starting to wonder if I would have received even more mail from them if I hadn't signed up for it. They might be very happy to sign me up for a second card, or even a third.

Message 4 of 5
Jeffster1
Valued Contributor

Re: Best Egg Visa 1% cash back?

Years ago, when credit card companies sent out endless mailers, I, and others, used to fill the postage paid envelopes with a variety of items such as nuts and bolts; the hair our pets shed; and shredded paper from our shredders. (I'm sure others were far more...umm...creative.)

 

As many offers as I've received from Best Egg, I admit I've never opened the envelope to check for a postage paid return envelope. Maybe that time has come again. 🤣

 

 

 

 

 

 

 

 

 

FICO 8 (3/1/24) EX 805 EQ 824 TU 844
FICO 9 (2/17/24) EX 821 EQ 778TU 850
I practice AZEO - NEVER above 1% utilization across all cards.

Current lineup as of 9/23
American Express Gold | American Express Blue Cash Everyday 11K | American Express Blue Cash Preferred 10K I American Express Marriott Bonvoy Bevy 5K I American Express Hilton Honors Surpass 3K I Bank of America Customized Cash Rewards Visa 20K | Kinecta MyPerks Rewards MC 35K | TD Bank Double Up Visa 4K | USBank Platinum Visa 5K | BMO Harris Cash Back MasterCard 12K | Capital One SavorOne MC 3K | Capital One Walmart MC 2K | NFCU Amex 15K | NFCU CashRewards Visa 15K I Citi Best Buy Visa 10K I Macy’s Amex 4K I Bread Financial American Express 8K l AAA Daily Advantage Visa Signature 6K I Wells Fargo BILT World Elite MC 30K I BCU Cash Rewards Visa 8K I Chevron Techron Advantage Visa 2.5K I JCPenney Mastercard $6K I UCLA Wescom CU Rewards Visa 7K I
Message 5 of 5
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