Help me think through getting a new credit card.
I've spent quite a bit of time researching new credit cards. I have it narrowed down to 4 (ha!) and need help deciding on one.
Some background. I have excellent credit (820 this morning). One current credit card that I sparingly use and pay off immediately. I'm a cash person. I would consider myself pretty financially conservative. I'm not a credit card person at all, normally.
However, in the next few months, we'll be spending approximately $12,000 on a few things (small house renovation, small medical procedure, and a vacation [for which I've already bought the airfare]). I have the cash to pay for it in full, but am thinking I should take advantage of a rewards card to pay for these things.
Narrowed down to:
1. Chase Freedom (with the rotating 5% categories and $175 signup bonus)
2. Chase Freedom Unlimited (with the 1.5% back on everything and $175 signup bonus)
3. Chase Sapphire Preferred (50,000 bonus points on first $4k, approx. $500 I think)
4. Citibank Double Cash (2% combined cash back)
Looking at it now, The Chase Sapphire Preferred is the no-brainer, but I dislike the $95 fee next year. I refuse to pay a yearly fee. I know I can downgrade at that time but am worried I'll forget or something and am not looking forward to messing with it. And I'm not one to open a credit card just for short-term use, so fundamentally I dislike the idea, although an extra $500 isn't too shabby.
Any input or things I'm forgetting?
Thanks--sorry if this is a hassle for forum members. I really did read through as many posts as possible.