Money Tips: Cash Back and Rewards, the Next Great Credit Card?

Posted On: June 21, 2006

Guest: quiznut1
Credit Expert (100+ Posts)
Post subject: Cash Back and Rewards, the Next Great Credit Card?
Posted: Wed Jun 21, 2006 2:12 pm

That my friend is the question, and I am refering to cash back and reward credit cards. Anyone have any inside info on new cards to be released this year? Or if you have a thought about what the credit card issuers will come up with in the future, let’s hear it!

Guest: hesiden
Credit Expert (100+ Posts)
Posted: Wed Jun 21, 2006 2:22 pm

IMHO BoA/MBNA needs a 5% reward card to match Citi and Chase’s 5% on “everyday purchases” reward cards. Even Discover and Amex have 5% reward cards, just not as good.

Guest: BLT
Posted: Wed Jun 21, 2006 7:23 pm

I actually got a pre-approved offer for BoA Financial Rewards with 5% cash back on gas, groceries, and pharmacies through mid-’07. 1% after that - which makes it almost useless to me.