Credit Tips: Cash Rebate Credit Card Tier
Posted On: March 1, 2006
Author: rain
Posted: Tue Dec 28, 2004 8:01 pm
Post subject: Cash Rebate Credit Card Tier
Hi everyone, was hoping someone can help me understand the cash rebate tiers. I have the Amex blue cash, and I don’t understand the tiered rebates completely.
Spending Grocery Others
0-2000 0.5% 0.25%
2000-6000 1% 0.5%
6000-50000 3% 1.5%
If you have a balance outstanding, add 2%.
My question is, is the additional 2% only applicable to the amount of balance? Or is it throughout any month you have a balance, you get extra 2%, even if the balance outstanding is $1 ?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouse
Posted: Thu Dec 30, 2004 5:52 pm
Post subject: Cash Rebate Credit Card Tier
rain wrote:
Hi everyone, was hoping someone can help me understand the cash rebate tiers. I have the Amex blue cash, and I don’t understand the tiered rebates completely.
Spending Grocery Others
0-2000 0.5% 0.25%
2000-6000 1% 0.5%
6000-50000 3% 1.5%
If you have a balance outstanding, add 2%.
My question is, is the additional 2% only applicable to the amount of balance? Or is it throughout any month you have a balance, you get extra 2%, even if the balance outstanding is $1 ?
Thanks!
Rain
2% more??? even $1.00 YES
There are BETTER cards out there…for most people a 1% for everything would have a better payout than “THIS” card
There are some that have a payout up to 5% at specific places…
I dumped my AMEX BLUE CASH…did a 2 into 1 and closed the BLUE CASH
Author: mouse
Posted: Thu Dec 30, 2004 5:54 pm
Post subject:
I did the “MATH” too late…
It just didn’t add up…
Author: rain
Posted: Thu Dec 30, 2004 9:02 pm
Post subject: Cash Rebate Credit Card Tier
I would have chosen citi div. too, but I had no credit history till 2 months ago when I suddenly got a cc. 2nd application was for amex blue cash and got that too, and I’m very happy about having a rewards cc.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: guessindigo
Posted: Mon Jan 03, 2005 3:54 pm
Post subject: Cash Rebate Credit Card Tier
Whatever works for you I guess. Dividend is good, but for big spenders, I think the blue cash is far superior. A few folks on this board disagree with that, but whatever works best for you is the reward card you should choose and stick with.
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Credit Tips: Cash Rebate Credit Card Tier
Posted On:
Author: rain
Posted: Tue Dec 28, 2004 8:01 pm
Post subject: Cash Rebate Credit Card Tier
Hi everyone, was hoping someone can help me understand the cash rebate tiers. I have the Amex blue cash, and I don’t understand the tiered rebates completely.
Spending Grocery Others
0-2000 0.5% 0.25%
2000-6000 1% 0.5%
6000-50000 3% 1.5%
If you have a balance outstanding, add 2%.
My question is, is the additional 2% only applicable to the amount of balance? Or is it throughout any month you have a balance, you get extra 2%, even if the balance outstanding is $1 ?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouse
Posted: Thu Dec 30, 2004 5:52 pm
Post subject: Cash Rebate Credit Card Tier
rain wrote:
Hi everyone, was hoping someone can help me understand the cash rebate tiers. I have the Amex blue cash, and I don’t understand the tiered rebates completely.
Spending Grocery Others
0-2000 0.5% 0.25%
2000-6000 1% 0.5%
6000-50000 3% 1.5%
If you have a balance outstanding, add 2%.
My question is, is the additional 2% only applicable to the amount of balance? Or is it throughout any month you have a balance, you get extra 2%, even if the balance outstanding is $1 ?
Thanks!
Rain
2% more??? even $1.00 YES
There are BETTER cards out there…for most people a 1% for everything would have a better payout than “THIS” card
There are some that have a payout up to 5% at specific places…
I dumped my AMEX BLUE CASH…did a 2 into 1 and closed the BLUE CASH
Author: mouse
Posted: Thu Dec 30, 2004 5:54 pm
Post subject:
I did the “MATH” too late…
It just didn’t add up…
Author: rain
Posted: Thu Dec 30, 2004 9:02 pm
Post subject: Cash Rebate Credit Card Tier
I would have chosen citi div. too, but I had no credit history till 2 months ago when I suddenly got a cc. 2nd application was for amex blue cash and got that too, and I’m very happy about having a rewards cc.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: guessindigo
Posted: Mon Jan 03, 2005 3:54 pm
Post subject: Cash Rebate Credit Card Tier
Whatever works for you I guess. Dividend is good, but for big spenders, I think the blue cash is far superior. A few folks on this board disagree with that, but whatever works best for you is the reward card you should choose and stick with.
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