Consumer advocate Clark Howard recommends the other Fidelity card for 2% on all spending here: The Fidelity Visa is a great card, if you have a Fidelity account. But I am bound to get busy and forget to do this. I think a lot of the cards have great potential for earning a lot, but I would rather have flat % back on purchases and not need to go online to ‘enroll’ for the extra % back. Good point. http://www.usbank.com/splash/credit-cards/cashplus/94154.html?redirect=facebookcash, More info: http://www.usbank.com/cashplus. All eligible dining and entertainment … THAT is the bait and switch. $100 bonus for opening the account. What we like about the Bank of America Cash Rewards: The Bank of America Cash Rewards card is the only card that allows you to select a category of your choice to earn bonus cash back but where you can change your selection every single month. I’m not sure why this editor is on love with the Chase Freedom, There are at least 2 better cards out there. Bill Pay and Airlines categories are disappearing, unfortunately. Program was closed a few months ago. Why it’s great in one sentence: The Citi Double Cash Card is extremely simple, since you earn 2% cash back on every purchase — 1% when you buy and 1% when you pay your statement — all for no annual fee. But in addition to those three fixed bonus categories, the card also offers a set of 5% bonus categories that rotate each quarter. It additionally pays you an extra $25 when you redeem in increments of $100 or more at a time. If you don't mind an annual fee, one of the best cash-back credit cards is the Blue Cash Preferred® Card from American Express. American Express Delta Skymiles Options – I use to book flights only. I am now having a similar problem here with Costco in Canada. But the Amex Blue Cash is best for groceries. It’s easy and if your responsible has good perks! Pen Fed Visa Platinum Gas / Cash Rewards Card: Like Dan said, anyone can join the PenFed credit union by a one-time $20 donation to the National Military Family Association. Thanks! Please click the button below to agree to our Terms and Conditions and acknowledge our Privacy Policy. John is right about the card you are looking for. From their, your entitled to all of the credit union’s benefits including some amazing loan rates. That’s a good card. This happened to me with the last capital one card I had when they went to their own tiered point system for paying for travel. Get all the latest personal finance deals, news and advice at CNN Underscored Money. My original card with them always paid 5% back on gas, groceries and drugstores. So, for example when I bought some sneakers at JCPenny with 4% cash back, I literally received a bonus of 4% on top of the standard 1%. 14,000 gets you $100 statement credit (there are lower denominations as well, for worse value), which is .7% if all your purchases were 1 point and 3.5% if all your purchases were 5 points. So better than pretty much anything else for flat cash back. So you might need to drop it from your list. The offer starts with an initial bonus of $250 statement credit … I use the Costco AMEX for gasoline purchases at Costco to get 3% back on that. I just starting using my Fidelity Visa 1.5% cash back card and found two issues: 1. This qualified him for their platinum checking package. Schwas unfortunately got rid of the 2% cash back card about 18 months ago. Where our benchmark card is better: The Citi Double Cash has an introductory interest rate on balance transfers, and its cash back can be converted to Citi ThankYou travel points when combined with the Citi Prestige Card or Citi Premier Card. So I gave up on point cards or what I call “funny money” because of the huge loss during the conversion/redemption process. Success! And if you decide down the line that you’d prefer travel rewards to cash back, you can pair the Ink Business Unlimited with the premium Ink Business Preferred (or alternately, the personal Chase Sapphire Preferred or Chase Sapphire Reserve) and convert your cash back to travel points, then redeem the points for travel or transfer them to any of Chase’s 13 airline and hotel loyalty partners. 4 Types of Retirement: Which Will You Choose? Learn more about the Blue Cash Preferred Card from American Express. All rights reserved, Chase Sapphire Preferred Credit Card Review, Citi Dividend Platinum Select Card $100 Cashback Bonus, Visa Black vs American Express Platinum vs Centurion, How to Best Handle Old Credit Card Accounts, Why New Chip Credit Cards Won’t Reduce Fraud, Current and Historical Bank Interest Rates, Alternatives to High-Yield Savings Accounts. While you may not be able to get 5% cash back, using credit cards strategically can help you maximize your purchases. This year I’m averaging 2.3% back on my card across all expenditures when you figure the open network and the annual rebate from Costco for the executive membership. I’m sure the troops overseas keeping track of their money sit at their computers so they can download their transaction history. It’s not bad, but I sure miss that original deal. Personally, I prefer cards that do not restrict your rewards to a certain account… but that might only be a small concern for some. True Earnings® Card from Costco and American Express offers 3% for Restaurants as well. 3:55 PM EST, Tue November 24, 2020. This card is right for: Costco members who want strong rewards when buying at Costco and filling up their gas tank. I love my Nordstrom Visa Card – the points earned get converted into redemption vouchers that are sent automatically and can be used like cash at Nordstroms. I think you are right on the PenFed Visa for 5% off gas/3% off groceries. Annual Fee: $0 Cash Back Rewards: Up to 2% in unlimited cash back on all purchases (1% when you buy, 1% when you pay) Features: Introductory 18-month period for 0% APR on purchases and balance transfers, no cash back limits and no categories Team Clark’s Card … Of course, this requires parking a significant amount of money in your Bank of America bank or investment account, but it can pay out extremely well for loyal Bank of America customers. 2% cash back on all purchases, no caps, and $500 for using 4k in the first few months. Purchase protection and return protection. That is not the issue I have problems with. This is a brand new card that seemingly hasn’t been widely touted. It’s the AMEX with the annual fee, like $95 or $75 or something. I have my wife delivery expenses coming up in this month, any idea which card would give maximum cash back on hospital / medicines expenses. The card … I have called about this each month for the last four years, even speaking with the supervisor’s supervisor, and have been told that they are “working on it”. I contacted them and they said they had no record of the transaction and would not give me the points that I earned by shopping through the “Rewards Mall.”. Dosh cash back app review. Where our benchmark card is better: The Citi Double Cash has an introductory rate on balance transfers. The downside is that the card carries an annual fee of £25. 2% Cash back across the board. I’m always one for pointing out bait and switch tactics when I see them, but with the Fidelity card, it’s fully disclosed you need to open an account to receive the cash back. This article is a joke, it just updates every month with the same information so people think its current. So as you described, you earned 4% cash back for shopping in addition to the 1% built-in cash back. So, if you earn $500 total cash back over the course of a year, they give you an additional $250 back after that year’s time. Roy. Discover card for online shopping (LLBean – 5%, Sears 5%) 4. Maybe this is new, but you may want to update the Citi Dividend World Mastercard details. Also of note, PenFed offers incredible loan deals that you often won’t find anywhere else. 2. This card is right for: Those looking to increase their cash back for all travel-related purchases without having to pay for an annual fee. Good article, I am looking to switch my everyday use card. 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). This card awards a staggering reward rate of 6% back on up … Good bank, too. Capital One Business Platinum VISA – Well, business expenses. Hopefully the information on the alternatives is correct. Discover is $50 min. Earn 2% cash back on all Costco and costco.com purchases (other than Costco gas). Annual Fee $0 Rewards … The older Blue Cash cards had a $6,500 threshold before the higher percentages kicked in but thereafter were unlimited. Citi® Double Cash Card – 18 month BT offer. I have had this card for just over a year now and have close to $500 cash back. 5% cash back on two categories that you choose 2% cash back on gas, groceries or drug stores – choose one 1% cash back on everything else $25 bonus each time you redeem $100 or more cash back in a single redemption. I think you are right! What we like about the Chase Freedom Flex: While you might sign up for the Chase Freedom Flex for its sign-up bonus, it’ll likely become one of your long-term go-to cards, thanks to its rotating 5% bonus categories and ongoing 3% category bonuses at restaurants and drugstores. I have the penfed cashback card and use it ALL the time for gas only. 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