I've been looking for a card to replace my fidelity 2% and finally settled on Penfed 2%. It's like Fido but without Foreign exchange fees and redemption can be cashed out at $5 instead of $50.
Anyway, so now i have this Fido card with a hefty CL and not nowing what to do with it. I called US bank and they won't PC me to anything else. They even said that even if i open another card they won't move the limit over from the Fido card and that i would have to apply for a CL inrease separately.
i guess all i can do is just keep the card active with deminimis charges every six months or something and keep the account open as a boost to my available CLs/util ratio
Sounds like a good plan to me.
I haven't used it much anyway. Every six to eight months I get an email about an extra offer of a point per x spent. So it usually ends up being an extra $20-$30
I've been using Amex Blue Biz Pref as my daily driver. Come January 1st switch back to United Club until I hit $25k for PQD waiver.
I've been using Amex Blue Biz Pref as my daily driver. Come January 1st switch back to United Club until I hit $25k for PQD waiver.
Thanks @jacetx. Yes. The BLUE BIZ plus. 2x MR
The biz card was my fav addition in years. 12% interest but interst free for a year. And the line doesn't get reported on my personal CR. I've been tempted to buy out my car lease with this just to capture the spread.
The title is pretty misleading. It might be useless for you now, but it's exactly what it advertises itself to be, a 2% card. The Penfed card is great, but it has other account requirements to get the 2%.
I'd say 2% is really the new market standard. Used to be 1.5% was standard and 2% was great, but with all the cool new cards out recently, 2% with no AF is really the standard to be competitive these days.
