Best Rewards Credit Card

Guest: joyfulmom
Post subject: Best Rewards Credit Card
Posted: Sun Mar 05, 2006 8:43 pm

Hi, I am a new kid on the block. I just found this forum board and there is some great information here.

I am looking for a new credit card with the best rewards program. I spend average of abouot $1,000 month, always pay in full each month, and have excellent credit rating. I am not too partial about whether the rewards are in cash back, or points, or ?. I have been reading and comparing for a couple of months, but since it's not comparing apples to apples, it's hard for me to know. Some offer points, some rewards, some cash, etc.

So far, I have been interested in the ones that offer a $100 gift card after your first use of the card. But I also believe the phrase, "if it sounds too good to be true, it probably is."

Also, I have been reading on another web site "Rip Off Report," and some of the card companies seem less than desirable. From what I read, I seem to be leaning towards Citi. What do you think?

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CardRatings.com is the most comprehensive source for comparing credit card offers.  Please visit CardRatings.com to view the best rated credit cards!

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Guest: astounding
Posted: Mon Mar 06, 2006 4:27 am

Chase Cash Plus is a good cash rewards card. 5% cash back at grocery stores, gas stations and drug stores and 1% cash back on all other.

Citi Diamond Preferred Rewards Card is a POINTS rewards card and has no annual fees.
You get 5 reward points for every $1 spent on purchases at supermarkets, drugstores
and gas stations. And 1 point for every $1 on all other purcahses.

Those 2 ones are one of the best I know.

-A
_________________
Here's a GREAT FREE resource with everything you'll EVER
need to know about credit/debt management, credit cards,
and applying for the BEST one:

=> http://www.Direct-Credit-Card.com/articles.php

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CardRatings.com is the most comprehensive source for comparing credit card offers.  Please visit CardRatings.com to view the best rated credit cards!

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Guest: Board Monitor
Board Monitor/ Administrator
Posted: Mon Mar 06, 2006 10:13 am

joyfulmom,

Greetings and welcome to the board! The $100 offers from major card issuers (Citi, Chase, etc.) are legit. In addition, www.CardRatings.com is offering a $25 bonus rebate on select card offers:

http://www.cardratings.com/cashbackcreditcards.html

Good luck and let us know how things turn out...
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314

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CardRatings.com is the most comprehensive source for comparing credit card offers.  Please visit CardRatings.com to view the best rated credit cards!

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Guest: Ira
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Mar 06, 2006 9:15 pm

There's really no one answer to the question. It depends on your life style and what's important to you. Do you travel a lot? Mabe an airlines miles card would be right for you. Do you shop a lot at Amazon? Get an Amazon card. It pays a large rebate for Amazon purchases. Buy.Com offers a card through Chase that gives rebates, plus a $30.00 credit with your first purchase. If you shop at Men's Wearhouse they have a store crtedit program which gives you a $50.00 rebate certificate every time your purchases amount to $500.00, the equivilant of a 10% rebate. There are literally tons of rewards cards out there. You have to decide which ones - yes, you can get more than one - are best for you.
_________________
Do not let what you cannot do interfere with what you can do.

Ira

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CardRatings.com is the most comprehensive source for comparing credit card offers.  Please visit CardRatings.com to view the best rated credit cards!

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Guest: joyfulmom
Posted: Wed Mar 15, 2006 3:25 pm

Thanks very much for your suggestions. I have one more question -- Some cards offer % cash back, some offer points (i.e. Thank You points). For the same purchase, it seems one card will offer 1% cash back, while the other will offer 5 Thank You points. Are these equivalent? Or is one worth more in the end than the other?

Thanks!!

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CardRatings.com is the most comprehensive source for comparing credit card offers.  Please visit CardRatings.com to view the best rated credit cards!

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