Maybe you can enroll your FIA Schwab card with BankofAmerica’s additup, and get the 2% plus the bonus % cashback (not sure if this card and other affiliate/ co-brand cards are applicable; any1 know??) see their T&C: “You will earn total cash rewards of 2% (consisting of 1% bonus cash rewards and 1% base cash rewards) for net purchases at eligible grocery merchants and 3% (consisting of 2% bonus cash rewards and 1% base cash rewards) for net purchases at eligible gas merchants (the “Bonus Categories”), for the first $1,500 of combined net purchases made during each calendar quarter in the Bonus Categories”. So you might need to drop it from your list. From their, your entitled to all of the credit union’s benefits including some amazing loan rates. These little pieces of plastic can help you practice responsible spending while earning a little extra kickback when used properly. For a family that spends alot on groceries that 6% could make a huge difference. Cardholders will need a linked account at Fidelity, but these accounts are free and can be good choices for savers and investors. That’s an unbelievable sign-up bonus for a card that has no annual fee. It’s 1% before you reach $10k in purchases. I have this card, and I like it so far. Return protection allows you to return an eligible item within 90 days from the day of purchase if the merchant won’t take it back. You might want to add the brand new Chase Amazon Prime Rewards card. 3% off groceries (or 6%-%75AF). I have the older Fidelity 529 MasterCard, 2% into the kid’s college account. Local credit unions probably blow this benefit out of the water, but far less flexible in moving money around accounts. I use my Target VIsa card when I shop at Target in order to get the 5% discount on purchases. $95 $95 View Card Offers at creditcards.com Buy. The Costco Anywhere Visa also offers purchase protection, which is a great benefit for all purchases, especially during the holiday season. Upromise World MC – This card is cool. Time to find another card and cancel this one. This article is a joke, it just updates every month with the same information so people think its current. That is not the issue I have problems with. I’ve listed the Capital One No Hassle Cash Rewards, but the Capital One Cash Rewards offers a lower cash back percentage for the benefit of no annual fee. I just opened a Fidelity Amex for everything else, 2% (into a Roth IRA acct I already had with them). I estimate a $100 a month cash rebate for myself. Also, with the card’s extended warranty coverage, you’ll receive an additional two years of warranty on top of the normal manufacturer’s warranty for any products you purchase with the card. Check out CNN Underscored’s list of the best travel credit cards of 2020. I’ve added the Capital One Quicksilver card to the list. The Discover it® Business Card is one of the best credit cards to consider if you’re leery of paying credit card fees. Visa/Mastercard cashback cards are accepted in more … 5% cash back on ALL BP purchases (including snacks, beer, etc.) Sounds okay, still not as good as having 2%, god i still have my FIA card but knowing that i will be losing the 2% end of october, i already miss the card!!! New card holders can earn $750 in bonus cash back after spending $7,500 in purchases in the first three months after opening the account. Earn 5% cash back in rotating quarterly bonus categories up to $1,500 each quarter (must enroll each quarter to earn 5% cash back). ** This APR varies with the market, based on the prime rate. That means if you’re a Preferred Rewards member, you’re looking at an increased 3.75% to 5.25% cash back in the 3% cash back categories. if one card offered 5% in gas Jan- Mar and another offered 5% from Jun-Aug) I’d just switch the card I used to pay for gas based on the one that paid me the most cash back. I have had this card for just over a year now and have close to $500 cash back. Are you calling me stupid? I just starting using my Fidelity Visa 1.5% cash back card and found two issues: 1. 2% unlimited into a Fidelity Investment account. PNC Bank has a card that offers 1.75% cash back on all purchaes, no caps. Interested? So you get 5 pts for every amazon purchase. Earn 3% cash back on drugstore purchases. 3. com – it tries to calculate the best card and best combinations of cards for your normal spending. Their deal is that you get 2% in “points” NOT cash. If you pay off your balance each month, the only card that beats it is the Fidelity card that gives you 2% but requires you to open an brokerage account with them. Cap One Spark is good for the $500, but I’d cancel after getting the cash. My original card with them always paid 5% back on gas, groceries and drugstores. At that rate, since you’re earning 1.5% cash back in all non-bonus categories with the Freedom Unlimited, you could effectively end up with a 3% return on your everyday purchases. Have you heard anything about this card? You may have to reach a certain level before receiving the cash back, but 1% means 1%. you missed one of the best if not the best US bank cash +. There is definitely something illegal about this tactic. If you get gift cards, on the other hand, a $50 gift card is 6,000 points, so .83% for 1 point purchases and 4.2% for your 5 point purchases. You cant redeem them 1:1, so its not exactly 5% cash back, but I think it comes out to 2-3% cash back, slightly better than FIA. The AmEx Costco TruEarnings card could be a good option if you shop at Costco stores, free for Costco members. There are three different tiers, with Gold members earning a 25% bonus, Platinum members a 50% bonus and Platinum Honors members a 75% bonus. These things can be tricky sometimes, and the CSRs who answer the phone often can’t make it clear for their customers. Earn bonus cash back on gasoline purchases, both at Costco and other gas stations. They offer straight cash back, no gimmicks, no points, no categories, etc. I have the True Earnings card and it has been huge because there is no cap, no minimum, and I have the business one which gets 4% back on gas as opposed to 3% that is listed here. Costco Amex for Costco purchases only, 3%. Costco, as from January 2015, will only be accepting Master Cards. Correct Way to Pay Off Debt: Debt Avalanche, Day to Day Finance with a Bad Credit Score, Borrowing From and Lending to Friends and Family, How Important Is It to Set Up Beneficiaries, Best Investment News Websites: Stock Investing News & Analysis. To help with the math of picking the best rewards card you might want to try the rewards calculator at creditcardtuneup. On top of that, there is no annual fee. To all of you deal seekers out there. Under a different category – spending money you actually possess instead of credit: PayPal Debit Card offers 1.5% on all purchases made using ‘credit’ as an option (instead of debit). I am currently have Pentagon Federal Credit Union card, and just got a notice yesterday. Yes, Penfed Visa is a great card. I do not need to log on to do anything but pay my bill and redeem my rewards. Your *result* is 2% cash back. Where it beats our benchmark card: Sign-up bonus, selectable bonus categories and an introductory offer on balance transfers. The $200 Chase Freedom bonus is definitely still available (September 18, 2011). That might be why you are not finding it. Alternately, you can price around if you are a Frequent Flyer Miles junkie; some airlines gives 10 miles per $ you spend by shopping from the airline’s webmall site, and you’ll get your normal cashback % from your card issuer. Albireo, Are you able to view the ‘closing date’ on your credit card bill on the website? But those rewards you claimed are actually beaten significantly by several other card offers, both Discover and Citi regularly offer 5% cash back on the gas and grocery front and also have the 1% cash back on all other purchases. Why it’s great in one sentence: If you want to earn bonus rewards on all your purchases but aren’t sure whether you’d prefer cash back or travel rewards, the Chase Freedom Unlimited allows you to do both when paired with the Chase Sapphire Preferred or Chase Sapphire Reserve card. Related: Amex Blue Cash Preferred vs. Amex Blue Cash Everyday. There are also a few other perks. Rewards. I pay for almost everything with that card and pay off the balance each month to avoid interest. The 5 points comes out to roughly 3.1% – 5% in the form of gift cards, and you can get a Visa gift card too, which is basically cash. Be aware not all purchases qualify and it is impossible to get a list of locations that charges will not qualify as a valid purchase for the earnings. Even better, once you’ve converted the cash back to points, you can transfer them to any of Chase’s 13 airline and hotel loyalty partners. Rewards can be redeemed for statement credits, gift cards, travel and merchandise. I have been using a 1% cash back on everything VISA with no annual fee. I have used it exclusively to get consistent 2% back every month for the last year. While you may not be able to get 5% cash back, using credit cards strategically can help you maximize your purchases. You can auto-pay a fixed amount or manually pay the balance at a date in the future. Higher tiers can be gained by having a checking account or just by spending more! Using the Chase Freedom Visa first, when specific categories are in rotation. I have cards with both & I just received notice a couple of weeks ago. The Fidelity deal is total bait and switch. Side. THAT is the bait and switch. https://www.penfed.org/Defender-Cash-Rewards/?intcid=ad-defender-veterans-home-mainAd-01012013. Related: Earn more rewards on your groceries with these credit cards. Thanks for the feedback! With 2% cash back for all purchases, you don’t need to worry about enrolling in quarterly cash back programs and other nuisances. You need to spend $1,000, earning 1,000 points, to redeem $10 in rewards, but you may need to earn more to qualify or a minimum payout. The offers we present on Consumerism Commentary aren’t necessarily open to “the public” (that is, they are unadvertised except for on Consumerism Commentary and possibly a small number of other websites). Discover More – Categories are similar to Chase Freedom. My husband is an owner operator of his own trucking business and we will typically spend around $100,000 annually in diesel fuel. The offer starts with an initial bonus of $250 statement credit … Can you say corporate greed so the boss gets a bigger Christmas bonus. 2. It requires $2500 to sign up for a new fidelity account. Once you reach 5,000 points, they can be redeemed automatically or on demand for cash at a 1% exchange rate into an eligible Fidelity account (i.e. BOA’s card is not unlimited. Lastly, I would like to extend my gratitude to Flexo for maintaining this very informative blog. I’m interested if the #$&*! This card awards a staggering reward rate of 6% back on up … There are some flat 1% cash back cards on that list, so I don’t see why B of A wouldn’t be included. Wheras with Chase it is added to a maximum of 8%. He is probably talking about Blue Cash Preferred from AMEX. The best cash back Visa cards can give you the chance to earn cash rewards for spending. Savings are swept into a savings account. The downside is that the card carries an annual fee of £25. So let’s dive into the details of each card and see how they stack up. With the other cards, the increased quarterly categories are selected by the issuer and can’t be changed by the card holder. Apply for the card on BP’s website, but it is administered through Chase. I just got off the phone with AMEX. I have earned about $600 last year by just using it on all my purchases. Click my name to visit my blog and go to the summer of 2008 to read a complaint against Discover Card. Your link does not say anything anything about a cap, but you should double chack on that. They also allow you to use the points for gasoline cards etc… A room rate of $80 costs 8,000 points/cents OKAY, but to purchase a $50 gas exchange requires 16,000 points/cents or $160 worth of points. It made me deposit $5 into it (I guess opening a savings account is a requirement?). Wachovia Platinum VISA – Nothing. Not to mention….I am getting 5% cash back on all these purchases. Why this is one of the best cash back credit cards: The Amazon Rewards Visa Signature Card is a cash back rewards credit card designed for frequent shoppers of Amazon.com and Whole Foods Market. You can also receive a $300 sign up bonus  after spending $3,000 in the first three months. I joined PenFed last year by the one-time membership payment to NMFA and have been VERY PLEASED with PenFed’s offerings. It is lame. So, if ANYONE cares to know the reason I have that many cards; it is simple. The only shortcomings as I see it are the requirement to have a Fidelity investment account of some type. Why it’s great in one sentence: Card holders earn 5% cash back in two categories they select from a list — including options like streaming services — every quarter throughout the year, up to $2,000 in purchases per quarter. Verification email has been resent. You omitted the CAPITAL ONE cash rewards card. I just have a small Fidelity account so I can get the 2%. The Blue Cash Preferred® Card from American Express is the one with bonus categories you’ll most likely use for everyday spending like food and gas. Chase Freedom: I’ll have to investigate if your description of the Chase online mall is accurate. That mixed with the bonus categories makes the card one of the best credit cards for business. You dont have to manage that share savings account, you just have to make sure you keep at least $5 in that account as per PEnfed’s membership requirement. Discover also gives the best rewards use options: $20 rewards gets you a $25 LLBean card. Yes Chuck, Same thing just happened to us. Because of this they are able to pass on lower interest rates to thier borrowers and wonderful products like the Visa card that gives you 5% back on gas and 1% on all other purchases with no annual fee. And while the Blue Cash Preferred Card by American Express earns slightly more cash back for US streaming services, it comes with a $95 annual fee, which you won’t have to worry about with the U.S. Bank Cash+ Visa. 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