I'm getting to the point where my 5% categories are pretty much covered and now that they are, I spend WAY less on my general spend Card which is currently the discover it miles. Once my braces are paid off I will probably spend about $300/mo sometimes more. Anybody else notice the same? In the beginning it is the most important card until your major categories are cover by 5% cards.
Excepting Disco rotating categories, I don't have any 5% cards, but I did notice something similar when I was doing a spend analysis to seen what cb gain I would get if I opened a 2% cb card. As my spending is right now, the majority of my charges fall under a 3%+ category on one of my two main cards, so adding half of a percent on the maybe couple of hundred dollars that has been left over most months wouldn't come to much. Ofc, covid restrictions and our current savings/debt paydown goals have constrained our non-essential spending quite a bit, so I don't buy much right now that isn't groceries, gas, dining, or pharmacy. When that changes, my analysis may change, but if you have a spread of category cards that cover most of your spending, then your off-cat card is only going to come out for the minority of charges that slip through the cracks.
I was thinking the only reason I need another general spend Card is because my little $600 limit quicksilver isn't enough to cover large purchases when I buy something big otherwise I would need another one. But then again there's not much difference between 1% and 1.5%. AOD card is a goal card of mine and I plan on Getting it in December of 2022 if it is still around. Got to get my DTI lower and it will be low enough at that point. But I've been contemplating whether or not I should get the evergreen visa this December if I'm going to get the AOD a year after that. What do you guys think? I could also get another discover it miles and ride the 3% for another year and combine that with my old discover after that year is up.
No, I'm not seeing less spend on my general-purpose (non-category) 2% Fidelity Visa. Since opening it, 20-25% of my monthly spend goes on the card.
@Beast26 wrote:I was thinking the only reason I need another general spend Card is because my little $600 limit quicksilver isn't enough to cover large purchases when I buy something big otherwise I would need another one. But then again there's not much difference between 1% and 1.5%. AOD card is a goal card of mine and I plan on Getting it in December of 2022 if it is still around. Got to get my DTI lower and it will be low enough at that point. But I've been contemplating whether or not I should get the evergreen visa this December if I'm going to get the AOD a year after that. What do you guys think? I could also get another discover it miles and ride the 3% for another year and combine that with my old discover after that year is up.
I suppose that is one way of looking at it; the other way is the Quicksilver returns 50% more rewards than other 1% cards. It may not sound like a lot, but it does add up pretty quickly; hence the fact my Quicksilver is my "General Spend" card and typically gets anywhere from a third to a half of my monthly spend.
All things considered, my wife has a hard time keeping up with what card to use where sometimes and it's just easier to tell her "Put it on AOD..."
She's got grocery (BCP) and gas (Discover) and Home Depot (Freedom) figured out for now, but otherwise my AOD account is still getting a lot of use!
