Forum Thread

Looking for a better than 2% credit card

MakeitRainDolla 6,163 548 April 15, 2016 at 05:21 PM
Deal
Score
0
6,036 Views

Thread Details

My distributors take credit cards and I'm wondering if any 2%+ credit cards currently exist. Not interested in jumping through hoops for extra .0001% Go

17 Comments

1 2

Sign up for a Slickdeals account to remove this ad.

#2
Would your distributor fit into a certain merchant category? I use my Citi Double Cash [citi.com] for purchases that don't fit other card categories. 1% on purchases and 1% on payment, so 2% total. Seems the highest no hassle cash back to me.
Reply Helpful Comment? 0 0
#3
Quote from MakeitRainDolla View Post :
My distributors take credit cards and I'm wondering if any 2%+ credit cards currently exist. Not interested in jumping through hoops for extra .0001% Go
Citi double cash is pretty much your top cash back card unless you match for rotating categories and random deals. It's top of the mark.

Thread closed.
Reply Helpful Comment? 0 0
Joined Jan 2008
L10: Grand Master
6,163 Posts
548 Reputation
Original Poster
#4
Quote from eekthecat View Post :
Citi double cash is pretty much your top cash back card unless you match for rotating categories and random deals. It's top of the mark.

Thread closed.
I mean i use the fia amex 2% which is top of my mark.
Reply Helpful Comment? 1 0
SmilieSmilie
#5
Quote from MakeitRainDolla View Post :
I mean i use the fia amex 2% which is top of my mark.
I like Amex as well but I run into way too many places that don't accept it. I devalue the card slightly because of that. Also it is still 2%, which isn't any higher -- so then you are down to preference.

2% is the best unless you can fit a category or time-based card promo/rotation. Unless you take advantage of some of that, case closed. 2% no hassle is definitely top of the mark with no cap.
Reply Helpful Comment? 0 0
Last edited by eekthecat April 17, 2016 at 10:13 AM
#6
Citi DC remains to be my go-to card for all my spend that doesn't fall in other category bonuses I receive from other cards. I have a Visa issued by my employer's CU where I get 3% unlimited CB on grocery store spend, I use this when store won't take my amex BCP. amex cards aren't widely accepted compared to Visa/MC CCs.

My 3% Visa card is what I use to buy GCs that I use to pay my insurance and other bills that will accept Visa/MC DC but not CC. I can't use amex GCs since they only run as CC. That's how I get 3% discount instead of zero if paid from my bank account.
Reply Helpful Comment? 0 0
Joined Jan 2008
L10: Grand Master
6,163 Posts
548 Reputation
Original Poster
#7
when is someone going to offer 5% cashback again
Reply Helpful Comment? 0 0
Joined Oct 2007
Foxiest of the Hounds
12,496 Posts
340 Reputation
#8
I've never heard of 5% back across the board. I think Discover had a 3% back at one point in time?
Reply Helpful Comment? 0 0
Last edited by godfather927 April 19, 2016 at 10:36 AM
Quote from toolio20 View Post :
Achievements are not for the meek, it is better to forfeit inheritance of the earth so that the mighty may look upon my gamerscore, and despair. Achievements are for men who dream; men who dare; men who achieve! Men who carve out entire galaxies with nothing more than nimble cheetos-dusted fingers and their wits, and in our leisurely twilight days we shall sit by softly flickering fires with our descendants recounting the tales of these unimaginable glories.

Sign up for a Slickdeals account to remove this ad.

#9
Quote from eekthecat View Post :
I like Amex as well but I run into way too many places that don't accept it. I devalue the card slightly because of that. Also it is still 2%, which isn't any higher -- so then you are down to preference.

2% is the best unless you can fit a category or time-based card promo/rotation. Unless you take advantage of some of that, case closed. 2% no hassle is definitely top of the mark with no cap.
This particular card is being changed to I believe a VISA this summer due to Fidelity ending their agreement with Amex/FIA. Will still be 2% on everything, as far as I know.

To OP, you won't find better than 2% on everything currently. As others mentioned, this tends to only happen with either specific categories or rotating category cards. Discover IT might be a good pick-up if you don't have one and can take advantage of the doubling cashback for a year deal (if that's still going on).
Reply Helpful Comment? 0 0
#10
for 5% cashback, check Wells Fargo 5x rewards card where you get 5% CB unlimited for the first 6 months for purchases at grocery stores, drugstores and gas stations.
Reply Helpful Comment? 0 0
#11
There are so many routes to go to optimize CB/points/miles. I think optimizing it depends on each individual/family.

2% Citi is a no brainer, simplified way to optimize CB with no annual fee. If you want to take it to the next level of no annual fee cards consider rotating 5% CB cards (Chase Freedom and Discover IT are the two most popular). I keep a cheat sheet in my wallet I can see rotating categories when I just open up my wallet. I also use my Sallie Mae MC (no annual fee, but no longer available) for 5% CB on gas, groceries (including walmart and target for me), and Amazon (or bookstores) up to their respected limits. When Freedom has 5% CB on groceries or gas I use that over the Sallie Mae since the UR points are valued more. Since I have and plan to keep a Costco Membership, when the new Citi Costco Visa comes out, this will be another excellent card to add to the arsenal. 3% CB on travel and restaurants is damn good IMO. Since most cards don't give you more then 2x points for restaurant/travel, this especially would be worth 1.5 cent per point if you compared it to 2x point cards. Not bad considering the simiplicity of it.

The above is a very easy systematic way to optimize points with no annual fee cards IMO. If you are a good candidate and want to take it to the next level with churning and optimizing sign-up bonus cards then there are great guides out there you can find online. Then of course manufactured spending takes it to the next level and requires more careful planning, coordination, dealing with multiple conversions, VRC, bluebird, etc...There are a lot of guides, discussions online as well.
Reply Helpful Comment? 0 0
#12
Discover IT miles earns 1.5 miles per point (ie 1.5 cents per point). The first year the amount is doubled by Discover so effectively its a 3% cashback card for the first year.
Reply Helpful Comment? 0 0
i hate every ape i see.. from chimpan-A to chimpan-Z. no you'll never make a monkey out of me. oh my god i was wrong..it was earth, all along.
#13
Quote from boingyman View Post :
There are so many routes to go to optimize CB/points/miles. I think optimizing it depends on each individual/family.

2% Citi is a no brainer, simplified way to optimize CB with no annual fee. If you want to take it to the next level of no annual fee cards consider rotating 5% CB cards (Chase Freedom and Discover IT are the two most popular). I keep a cheat sheet in my wallet I can see rotating categories when I just open up my wallet. I also use my Sallie Mae MC (no annual fee, but no longer available) for 5% CB on gas, groceries (including walmart and target for me), and Amazon (or bookstores) up to their respected limits. When Freedom has 5% CB on groceries or gas I use that over the Sallie Mae since the UR points are valued more. Since I have and plan to keep a Costco Membership, when the new Citi Costco Visa comes out, this will be another excellent card to add to the arsenal. 3% CB on travel and restaurants is damn good IMO. Since most cards don't give you more then 2x points for restaurant/travel, this especially would be worth 1.5 cent per point if you compared it to 2x point cards. Not bad considering the simiplicity of it.

The above is a very easy systematic way to optimize points with no annual fee cards IMO. If you are a good candidate and want to take it to the next level with churning and optimizing sign-up bonus cards then there are great guides out there you can find online. Then of course manufactured spending takes it to the next level and requires more careful planning, coordination, dealing with multiple conversions, VRC, bluebird, etc...There are a lot of guides, discussions online as well.
You might like the "wallaby" app/browser extension.....online it shows you on a per website basis which of your cards will maximize your rewards.....if you install the android app it will show you surrounding stores based on location and what card will work best there. It appears to factor in quarterly rotating categories etc. I added the rotating categories to my google calendar and have todayagenda on my homescreen so can also see at a glance there what card is doing what.
Reply Helpful Comment? 1 0
#14
Quote from MakeitRainDolla View Post :
My distributors take credit cards and I'm wondering if any 2%+ credit cards currently exist. Not interested in jumping through hoops for extra .0001% Go
If you're in CA or HI and your distributor accepts JCB you can apply for the Marukai Premium card. If you spend enough, this is approximately a 3% cash back card.
https://www.jcbusa.com/for_consum...-jcb-card/

https://www.jcbusa.com/for_consum...rd-hawaii/

Alternatively if you have $100k to park in a Merril Lynch account, you can get > 2.6% cash back from the Bank of America Travel Rewards card.
http://milestomemories.boardingar...day-spend/
Reply Helpful Comment? 0 0
#15
Quote from famewolf View Post :
You might like the "wallaby" app/browser extension.....online it shows you on a per website basis which of your cards will maximize your rewards.....if you install the android app it will show you surrounding stores based on location and what card will work best there. It appears to factor in quarterly rotating categories etc. I added the rotating categories to my google calendar and have todayagenda on my homescreen so can also see at a glance there what card is doing what.
Thanks never heard of that. I will look into it.


Quote from waffles2 View Post :
If you're in CA or HI and your distributor accepts JCB you can apply for the Marukai Premium card. If you spend enough, this is approximately a 3% cash back card.
https://www.jcbusa.com/for_consum...-jcb-card/

https://www.jcbusa.com/for_consum...rd-hawaii/

Alternatively if you have $100k to park in a Merril Lynch account, you can get > 2.6% cash back from the Bank of America Travel Rewards card.
http://milestomemories.boardingar...day-spend/
Never heard of that Marukai card, but very interesting. If you spend $5000+ then it would definitely be worth it due to the bonus $50, even if you minus $25 for the annual fees it will give you 2.7% CB total. Not sure if I can spend $5000 for purchase that would get me less than 3% though, since my Sallie Mae, rotating 5% CB cards, Costco Visa (soon) will take up a lot of my spending. Would have to do calculations for that, but has a lot of potential.

I should have mentioned that BOFA, but definitely YMMV to reach the Platinum Honors bonus with the $100k. $50k parked in ML or BOFA account can also get you a 50% boost or 2.25% so some should also keep that in mind, although might not be worth the hassle...

At the end keeping it simple and churning a few cards can yield good enough results for some extra beer money.
Reply Helpful Comment? 0 0
Page 1 of 2
1 2
Join the Conversation
Add a Comment
 
Copyright 1999 - 2016. Slickdeals, LLC. All Rights Reserved. Copyright / Infringement Policy  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)  •  Interest-Based Ads
Link Copied to Clipboard