Earlier quoted context omitted.
Wait really? How? I thought it was called travel credit for a reason...
Uber/Lyft count for travel which helps a lot.
Huh yeah I didn't expect they'd count most transportation as travel. Thanks.
Cash Back Credit Card Comparison
41–50 of 59 posts
Re: Cash Back Credit Card Comparison
#42Earlier quoted context omitted.
6% on groceries with $95 annual fee.
But most families will easily recover that just on their grocery shopping alone.
$95/(0.06-0.03)=$3,166.67
If you spend $263.89 or more per month at grocery stores it makes sense to upgrade to the Blue Cash Preferred. Keep in mind this excludes Costco, Walmart, Target.
If you buy groceries at Whole Foods and are a Prime member, you can get 5% via the no annual fee Prime Rewards Visa, which makes sense if you spend under $95/(0.06-0.05)=$9,500 per year at Whole Foods.
Re: Cash Back Credit Card Comparison
#43Earlier quoted context omitted.
Wait really? How? I thought it was called travel credit for a reason...
Really. They don’t GPS you to know you’re away from home. It’s not _that_ hard. This is the broad categories they cover: Merchants in the travel category include airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages.
Surprising they cover taxes and buses and parking etc... cause I have travel cards that don't necessarily include those. Thanks.
Re: Cash Back Credit Card Comparison
#44Earlier quoted context omitted.
I use this Amex card for everything, the 6% back on groceries is great and more than pays for the cards higher fee. The last two years we've capped out the 6k max which is $350 right there. Bonus, the card is clear plastic which everyone comments on when they see it.
That's fun - can you see the antenna they mould into the plastic?
There's no antenna, contactless payment cards are pretty uncommon in the US.
Re: Cash Back Credit Card Comparison
#45Earlier quoted context omitted.
With contactless payment systems like Apple Pay, there's little need to carry around more than one default credit card.
Unless you end up somewhere that doesn't support ApplePay, and doesn't accept AmEx. It's uncommon (where I live, at least), but it definitely happens.
I assume that's why the parent said there's little need to carry around more than one
Re: Cash Back Credit Card Comparison
#46Personal opinion: Straight cash back cards are not exciting at all. You’re better off watching what you spend than getting excited about getting $20 back for spending every $1000. Credit cards in the US are exciting right now because of premium rewards, mainly airlines miles, credit card points (Chase Ultimate Rewards, Citi TY, Amex Membership Rewards), which could be worth 2-5 cents per point. Unlike cash back cards…
I prefer cash back cards because I don't fly enough to care about miles. I also don't really want to think about points that I don't get to spend however I want. But I can imagine if you like the other rewards offered on some cards, you're probably getting more value than with cash back.
If you fly even 1-2x a year then why not fund that trip with one signup bonus from one card vs getting a cash back card (which usually don’t even come with a signup bonus and if they do it’s very small)?
If you don’t want to be tied to one airline card, a Chase Sapphire card which you can use to transfer to airlines or book directly with their reservation portal will give you 1.25 cents per point redeemed on flights or hotels.
Re: Cash Back Credit Card Comparison
#47Earlier quoted context omitted.
But most families will easily recover that just on their grocery shopping alone.
I use this Amex card for everything, the 6% back on groceries is great and more than pays for the cards higher fee. The last two years we've capped out the 6k max which is $350 right there. Bonus, the card is clear plastic which everyone comments on when they see it.
Interesting. I have a similar Amex clear plastic card and I don't recall anyone ever commenting on it.
Re: Cash Back Credit Card Comparison
#48Earlier quoted context omitted.
Unless you end up somewhere that doesn't support ApplePay, and doesn't accept AmEx. It's uncommon (where I live, at least), but it definitely happens.
I assume that's why the parent said there's little need to carry around more than one
But if your 'one' is the '6% on groceries' AmEx, you do need to carry more than one (or accept that there will be places you can't spend money).
Re: Cash Back Credit Card Comparison
#49Earlier quoted context omitted.
That's fun - can you see the antenna they mould into the plastic?
There's no antenna, contactless payment cards are pretty uncommon in the US.
There is an Amex clear card with antenna. They kind of built it into the design. I can't remember which one is was though.
Re: Cash Back Credit Card Comparison
#50Earlier quoted context omitted.
There's no antenna, contactless payment cards are pretty uncommon in the US.
There is an Amex clear card with antenna. They kind of built it into the design. I can't remember which one is was though.
I have the Canadian Amex Simply Cash, it's clear and has an antenna for contactless payments