Re: What is the Best Credit Card to Have Overall?

coldfusion · ‎07-25-2018

@Adkins wrote:
Credit One.

Too bad we can't give posts a thumbs-down

(10/2025)
FICO 8 (EX) 838 (TU) 846 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

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Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion

Anonymous · ‎07-25-2018

While there is no one best card for everyone, I dislike Discover. They were the worst to deal with and never respected me at all. Couldn’t get a high enough credit line and they wanted to give me 0% purchases on a low limit card which would have killed my utilization. Also I lost rewards points with them as well. With the lack of acceptance as well, there is no reason to use Discover. Benefits are inferior compared to high tiered Visa Signature or World Mastercard Elite cards. I will not use Discover again. Once they cancelled my accounts for nonusage, I will not go back.

I really like my Capital One Savor World Mastercard Elite. Lots of great benefits and customer service has been good to me along with my high credit line with really nice ongoing rewards that are easy to redeem.

American Express Hilton Honors card has been good as well with good benefits and high credit line.

These are my two favorite cards right now and the ones I use mostly.

Anonymous · ‎07-25-2018

Nothing beats Discover during first year cashback match, not going to find 10% category anywhere else, I also used it for all generally spending at 2% while my PenFed 2% PCR sat idling for a year until recently, I wonder if I should get another IT and do it all over again.

Anonymous · ‎07-25-2018

I disagree on Discover being any good based on what I already posted. I left a lot of bad issuers over time.

JP Morgan Chase on some cards cut back on benefits. If they haven’t for top end products, like a true JP Morgan card, at the high end they are probably excellent as well.

My spend doesn’t make annual fee cards worth it so I go for high reward cards with good benefits.

Barclays also has great offerings as well. The credit card market for top tier credit cards is huge so when one issuer does you wrong, you can continue to use issuers who respect you and earn your trust.

morgacj2004 · ‎07-25-2018

Agreed there is no one universal best card. If there was we would all have it and this forum would no longer be needed

AX Hilton Aspire 20k, AX Bonvoy Brilliant 15k, AX BCP 2k, AX Blue Bus Cash 15k, AX Delta Air Platinum 49k, (AU) AX Delta Gold 15k, AX Amazon Prime Bus 25k, BC Uber 29k, AKUSA FCU -10k , CITI AAdvantage Exec World Elite MC 16.5k, Discover (2) 16k, Kohls-4k, VS Comenity $3k, BofA AK Air Siggy 9.8k, WF Propel AX 5k, JCP $10k PFCU Plat Rewards Siggy 39.5k, PFCU Power Cash Rewards AX 10.5k, NFCU Flagship 50k, CLOC 15k, CITI Costco 9.5k, GAP VISA Synchrony $9k,Target MC 9k, Ulta MC Comenity 9k, Pay Pal 1k, CO Venture One 23k, US Bank Radisson Rewards Signature 10k, US Bank Fred Meyers World MC, 11k, US Bank Plat VISA 15.7k, VS Comenity 2k, 240k total available credit. Utiliz-2%, Current FICO EQ-724, EX 763,TU 802 ,Chapt 7 BK D/C 11-2012. Starting scores 520-550

Anonymous · ‎07-25-2018

Best low annual fee = amazon prime visa

5% back on amazon and whole foods purchases, 2% back on gas, restaurants and drug stores, 1% on everything else. no foreign trans fee + free 2 day shipping on amazon, and the card is made out of metal. reward points can be redeemed for credit, gift cards or travel

Best non-annual fee = Discover it

5% back on rotating categories, generous credit lines, great 24 hour US based customer service

Kforce · ‎07-25-2018

The one you don't have yet

Cookiegrabber · ‎07-25-2018

If someone made a high cashback category for "Schools", that would be #1 for students and parents with kids in private school. It's my single largest spend at $350/mo. and will nearly double when my son turns 5.

Right now, Amazon spend is next at $200-300/mo. so Discover will be best in Q4 this year, followed by an Amazon Prime store card or signature card next year if i can get one by then.

Dining benefits would've been best for the 7 years in my 20s I was dating DW since dining (and drinking!) spend was easily $2k+/mo.

So yeah, what a lot of people said -- your best card depends on YOU.

AmEx | Cash Magnet | $2,700 | 12/2018 (most of CL was transferred to BCP)

SyncB | Paypal Cashback World MC | $20,000 | 10/2019

Citi | Diamond Preferred | $10,900 | 01/2020

AmEx | Blue Cash Preferred | $20,000 | 02/2020

FHB | Priority Destinations World Elite | $7,500 | 08/2022

Starting Scores: No Scores (03/2018)
Current Scores: 779 - 789 (08/2023)
Goal Scores: 780 across the board
Current Total Credit Limit: $109,900 (08/2023)
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UpperNwGuy · ‎07-25-2018

When you're not traveling, the best credit card overall has to be the PenFed Power Cash Rewards. it gives 2% cash back on everything without all the nonsense of Citi Double Cash and the other 2% cards.

When traveling, the best credit card overall is either the Chase Sapphire Reserve or the American Express Platinum. If you live in a United hub (like me), the Chase is better. If you live in a Delta hub (like Atlanta), the Amex is better.

Daily Carry: PenFed Power Cash • NFCU Flagship • NFCU More Rewards • Chase Freedom
Sock Drawer: PenFed Promise • NFCU cashRewards • Chase Sapphire Preferred • Chase Freedom Unlimited • United Explorer • UNFCU Azure

galahad15 · ‎07-26-2018

@The-Credit-Disciple wrote:
I really Like Amex and Discover. There Customer service has been Awesome

Just mho and my own personal $0.02, but the best credit card a person can have is a card that has the combination of a good rewards program, plus an ultra-low, single-digit (preferably fixed-rate) APR. Covers all possible bases -- rewards plus a very low APR, just in case you ever have a need to revolve a balance.