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The Best Credit Cards, According to People Who Know Everything About Credit Cards

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Pretty interesting read!. For me I see Amazon Rewards Visa Signature and Citi double Dash card as worthwhile cards. I can't see myself using any card that has aAF in any foreseeable future.

 

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6 hours ago, AllMine said:

Pretty interesting read!. For me I see Amazon Rewards Visa Signature and Citi double Dash card as worthwhile cards. I can't see myself using any card that has aAF in any foreseeable future.

 

 

Sensible statement (re fee cards).  Cards with hefty fees (say net $200+, after accounting for "easy" credits against the fee, such as the case of the $300 annual travel credit with CSR) simply don't make much sense until your annual charging on that specific card might top $20k / yr. 

 

Even cards with relatively modest fees, say $99/year, tend to only make sense when your annual purchases nudge above $10k.   (And those are minimal thresholds; I'd suggest that practical minimum charge volume required to rationale a fee are at least 50% higher than these numbers.)

 

(Of course, call that a "rule of thumb" ... for which there are bound to be exceptions.)  That said, if your potential annual card spend does rise above these numbers, it's worth re-working the math to see if you might come out ahead with one of the premium cards.  (Attractiveness varies, depending upon the category distribution of your most frequent charging.)

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From the article in regards to the Chase Sapphire Reserve Card:

 

Quote

Jack: I don’t mean to paint you as an elitist, but $4,000 in three months is not necessarily an easy task

As Bugs Bunny used to say, "He don't know me very well, Do he?"

 

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1 hour ago, RVR said:

From the article in regards to the Chase Sapphire Reserve Card:

 

As Bugs Bunny used to say, "He don't know me very well, Do he?"

 

4k is a week in a lifetime for my household.

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2 hours ago, hegemony said:

4k is a week in a lifetime for my household.

 

I wasn't tryin' to humble brag, I was referring to MSing...

😎

 

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56 minutes ago, RVR said:

 

I wasn't tryin' to humble brag, I was referring to MSing...

😎

 

Even without MS, it isn't a big deal.  It is ~$1300 per month.  For most people with just basic expenses like a vehicle or utilities, it isn't hard to gin up that level of spend. 

 

Or, alternately, albeit a few weeks too late...you use the card at Circa Sports for a few contest entries.  Coded as a plain old purchase, so the rewards AND the bonus come through ;)

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2 hours ago, RVR said:

 

I wasn't tryin' to humble brag, I was referring to MSing...

😎

 

I don't MS I just pay everything on a card that I can as well as travel which I don't want to remind myself about right now :(

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