Cash back cards . . are any of them exceptional?

[ZX9RCAM]

I've got a USAA Visa that is 2.5% on everything. If you have access to USAA check their current offers.

That is pretty amazing.

 

[dsgrey]

Citi double cash. 2% back on everything. 1% when you buy and 1% when you pay. I pay it off each month, so I get the 1% for purchases this month and the 1% for the payment for last months purchases.

I agree. Many years ago I had 5% cash back cards but most everything is 1%. I use this one and pay it off every month for the 2%.

 

[Coiled]

An online review:
"This is a sleek and functional card ... "

 

[Brains]

Chase has one that pays 5% on Amazon purchases, helps with wives' Amazon addictions

 

[ZX9RCAM]

Chase has one that pays 5% on Amazon purchases, helps with wives' Amazon addictions

Mine pays 5% at certain places which changes quarterly.
Unfortunately some of them are places I never visit or spend money, lol...

 

[Brains]

Mine pays 5% at certain places which changes quarterly.
Unfortunately some of them are places I never visit or spend money, lol...

Yeah I have that one too (Chase Freedom). The other one is called the Amazon Prime Rewards Visa Signature Card

 

[easy rider]

This thread reminds me of people asking which casinos pay out the best.

 

[Shady]

The Casino's that pay out best are the ones that are closed down from giving all the cash to the customers.

This thread reminds me of people asking which casinos pay out the best.

 

[toddnjoyce]

That is pretty amazing.

Even more so is that is good on their debit card, too.

 

[bigwheel]

I'm going to spend the money anyway so I may as well get a small reward for it.

No annual fee is nearly a must. It's probably been 25yrs since I had an AmEx or any other card that charged a fee.

What card do you use and what rewards do they give?

One of my old pals uses a Sams credit card and swears he gets five percent back on everything...but then he lies a lot.

 

[Lonesome Dove]

Credit card free for 27 years and I feel Good!

 

[ZX9RCAM]

Credit card free for 27 years and I feel Good!

I understand what you are saying, but, why pass up free money?

 

[Brains]

This thread reminds me of people asking which casinos pay out the best.

Am I missing something?

1. I buy or pay for things on my rewards card(s)
2. I pay the entire statement balance each month
3. I get 1% to 5% of my money back in cash.

- or -

1. I buy or pay for things with cash/debit/cashiers check
2. There is no #2.

It's basically just another discount. I make use of other rewards programs as much as possible, so I'll often end up with a total discount between 2% and 10%.

 

[F350-6]

Am I missing something?

1. I buy or pay for things on my rewards card(s)
2. I pay the entire statement balance each month
3. I get 1% to 5% of my money back in cash.

- or -

1. I buy or pay for things with cash/debit/cashiers check
2. There is no #2.

It's basically just another discount. I make use of other rewards programs as much as possible, so I'll often end up with a total discount between 2% and 10%.

Yes, you're missing the part about how some people don't have the discipline to only charge what they know they can pay off each month. 1% - 5% rewards are useless if you carry a balance at 20% interest.

If you pay off the balance in full each month, then yes, it's just free money.

 

[Shady]

Well its free money to the guys that pay it off at the end of the month but it is generated off the backs of the folks that carry a balance month to month so to them I say thank you.

Unlike forced taxes to pay for subsidizing the poor and under privileged or illegal aliens.

Its plain and simple its a choice to pay more to BUY IT NOW!!!!!

Yes, you're missing the part about how some people don't have the discipline to only charge what they know they can pay off each month. 1% - 5% rewards are useless if you carry a balance at 20% interest.

If you pay off the balance in full each month, then yes, it's just free money.

 

[Lonesome Dove]

I understand what you are saying, but, why pass up free money?

You have to spend a lot to get so little. I choose to invest and make way more than any card will pay.

 

[F350-6]

You have to spend a lot to get so little. I choose to invest and make way more than any card will pay.

But if the money will be spent anyway, why not get money back? I don't know about you, but I like to eat multiple times a day, so I tend to go to the grocery store on a weekly basis. Why would I not want money back from that? Or at the gas station since I prefer to drive rather than walk?

 

[ZX9RCAM]

But if the money will be spent anyway, why not get money back? I don't know about you, but I like to eat multiple times a day, so I tend to go to the grocery store on a weekly basis. Why would I not want money back from that? Or at the gas station since I prefer to drive rather than walk?

This.
Plus, almost every single bill from running my house is charged to my CC. Why not make cash on money which MUST be spent anyway.
As I have stated, I get around 1k in FREE cash every year

Investing has nothing to do with this.