Show HN: I built a tool to manage and compare credit card rewards • Hacker News Board

Re: Show HN: I built a tool to manage and compare credit card rewards

#71

Post by scarface_74 » Sat, Apr 12, 2025, 2:25 PM UTC

chrisweekly wrote: post #21

streptomycin wrote: post #17

The small % you get on each purchase is crumbs, but the cookie is the big sign up bonus you can get. For the past several years I've been making about $2k/year from that, which is so much more than the % bonus that I don't know why anyone would care about getting 3% back rather than 2%. Like if you are that worried about your money, take the free $2k first.

Do you have a system or tool for finding card offers with signup bonuses? Also (this is possibly common knowledge but) your credit score is negatively impacted not just by % of available credit utilized, but also by average age of credit accounts. If you're going to want a significant loan (eg a mortgage) in the forseeable future, something to keep in mind.

Not if you focus on churning business credit cards. You will see a credit inquiry on your personal credit report. But that’s it. The actual credit card doesn’t show up on your credit report and the sign up bonuses are usually higher.

https://johnnyafrica.com/multiple-chase-ink-business-cards/

With Amex it’s even better. Once you have one credit card with them, they usually don’t even run a credit report. That means you can then sign up for business credit cards with no effect on your report.

As far as websites,

https://www.offeroptimist.com/

Re: Show HN: I built a tool to manage and compare credit card rewards

#72

Post by dev1398 » Mon, Apr 14, 2025, 7:26 AM UTC

vzaliva wrote: post #14

Here is a type of question I wish your site can help me answer: Amazon Fresh online purchases : AMEX Gold or Chase Reserve? Format gives 3x reward for groceries but later have a promo (shown on your web site).

I hear you and this is a problem that I currently face as well! We actually source offer data from all the major credit cards and one of the features we are going to implement is to show you offer data next to your optimal card (once we make improvements to our optimal card decision engine)

The idea is to later incorporate the promo and give you the ultimate best card, something we still need to figure out and perfect but as of now we can show you the best card for groceries and offers on the merchant selected

Re: Show HN: I built a tool to manage and compare credit card rewards

#73

Post by dev1398 » Mon, Apr 14, 2025, 7:28 AM UTC

internetter wrote: post #5

What will the annual fee be?

we are targeting no annual fee. Ideally we will be able to offer our product for free and will charge a subscription for pro features. Will always have a very usable and generous free tier the way we are envisioning it right now.

Re: Show HN: I built a tool to manage and compare credit card rewards

#74

Post by satvikpendem » Mon, Apr 14, 2025, 6:48 PM UTC

eldaisfish wrote: post #38

ostensible wrote: post #35

Earlier quoted context omitted.

You either play that game or subside others who do, regardless of of whether you like it or not — you are still participating. Prices are already higher for everyone.

There’s a much better option. Cap the card transaction fees by offering a public alternative.

Sure, you can wait another decade for that to happen or just play the game for today's money and benefits.

Re: Show HN: I built a tool to manage and compare credit card rewards

#75

Post by alex-onecard » Tue, Apr 15, 2025, 5:38 PM UTC

lxgr wrote: post #63

dev1398 wrote: post #43

Earlier quoted context omitted.

I totally hear you! We looked at the comments here and are going to make a lot of the features on the product available without account creation! Appreciate the feedback

To be clear, it's totally fair to require account creation – data and customer relationships are currencies too, after all – in my view. (I might personally choose to not use it then, and that's just as fair.) I'd just have liked to know about it before selecting a few of my cards, which took me a minute or so. That's too much time/effort to get nothing in return.

Thank you for the comment - based on your feedback we have enhanced a bit the experience for users without logging in.

Now on the landing page users are able to input cards to their liking and compare them at different vendors/categories to determine the best card without login.