Need Help picking my CashBack Strategy Cards....

[kromix]

Ok so I've decided to go the route of using multiple CashBack cards as my dailys to max out on CashBack rewards.


Need help deciding what to go with as it seems cards like PenFed Cash Rewards has lowered the 1% on all to .25%, and the US Bank+ has also downgraded, but are still useful cards... I don't do alot of SuperMarket shopping, so the BCE 3% is enough for that "Category", the most of my spending is Gas/Resaurants Here's what I got:


Discover IT: 5% cash back rotating categories + 1% Everything Else

Amex BCEveryday: 3% Supermarkets 2% Gas Stations 2%Dept Stores + 1% Everything Else

Currently in Contention:
PenFed Cash Rewards: 5% Gas + .25% Everything else

US Bank Cash+: I would choose 5% Restaurants 5% Cell Phone 2% DrugStores(I guess) and 1% everything


Anything else I should add to my mix of maybes??? 

The US BankCash+ Card you have to choose the categories every quarter, but you can do the same one every time correct?

[romey050500]

What about the pen fed platinum rewards visa signature?

[kromix]

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@romey050500 wrote:
What about the pen fed platinum rewards visa signature?

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I don't know, its being downgraded, its no longer 5/3/1, just promotional period, now its 3/2/1 after 10/31.....

[romey050500]

Ohh really? Where is that info at? Can you post a link?

[kromix]

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@romey050500 wrote:
Ohh really? Where is that info at? Can you post a link?

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https://www.penfed.org/visasignaturepoints/

*For a limited time until 10/31/13, enjoy 5 points for gas paid at the pump, 3 points for groceries, and 1 point for all other purchases. Get more for your membership.

[romey050500]

That's crap. Thanks for the info.

[crunching_numbers]

Chase Freedom would be one to consider. And it is my understanding that with the Cash+ you need to pick each quarter but your choices can be the same ones you picked last quarter. Remember with Cash+ restaurants and fast food are separate categories.

[gsxrgt]

CSP + Freedom is a good combo.