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fertieg18
Wysłany: Czw 2:49, 18 Lis 2010
Temat postu: s my backup
I need an Amex to shop/get gas at Costco
One thing that has hampered me a bit is that I've held on to my Blue Cash? from American Express card. I prefer a two-card, simple to execute strategy (versus a higher-rewarding though tougher to manage multi-card strategy). The "Schwab" Visa (in quotes since it's no longer associated with Schwab) 2% cash back card is my main credit card, and the Blue Cash Amex is my back-up. I keep it for three reasons:
Last year I earned over $800 in cash back credit card rewards. That amount included some really big charges (like our new furnace) and some bonuses, so I don't think I'll be matching that number again this year (though I won't be far off.) I'll be sure to share the specifics of how I did sometime in January.
Overall, I thing the Blue Cash? from American Express card is one of the top cash back credit cards out there. But it works well only if you charge a ton (over $20k) on it each year. Since it's my backup, I don't charge anything like that on it -- I just use it for purchases at Costco. And for this only,
football jersey
, it's not a great option.
A better choice for me is the TrueEarnings? Card from Costco and American Express. This card offers 3% back on gasoline and restaurants, 2% back on travel, and 1% back on everything else (including at Costco). And you don't need to spend $20,000 to get the benefit from it -- it starts working at $1. So I intend to get one of these and use it for gas,
nfl store
, travel, and Costco purchases, then use my 2% Visa for everything else (plus they're currently giving a $25 statement credit for the first purchase made with the Card.) I figure that doing this will add an extra $25 to $50 in cash back every year -- which is nothing to sneeze at for buying stuff I'd purchase anyway.
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Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. All posts are ? 2005-2010,
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, Free Money Finance.
I like having cards from different companies
It's a decent cash back card -- it was my mainstay for years.
How about you? Anyone out there using the Costco Amex card? What do you think about it?
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