Credit Card Programs - highest ongoing cash back
sharonsimon
Jun 25, 12, 1:38 pm
Looking for a no annual fee (or at least first year free) Visa or Mastercard earning highest percentage of cash back (i.e., not travel points) for all spending. Lots of 1% cards, but anything earning 2% or even 1.5%? Thanks.
Fidelity (issued and administered by Bank of America):
http://personal.fidelity.com/products/checking/content/amex_rewards_card.shtml
Capital One
http://www.flyertalk.com/forum/credit-card-programs/1253155-2-new-capital-one-cards-business-no-hassle-cash-premier-2-capital-one-cash-1-5-a.html
Priceline
http://www.flyertalk.com/forum/credit-card-programs/1334975-priceline-visa-2-cashback-everywhere.html?
There are also various cards which award different rates for categories of spending, which may average above 2%.
Are you using it for anything in particular (hotels, airlines, general spending)? For personal use, I like the Chase Freedom card where it gives you 3% back on your top 5 shopping categories and 1% on everything else. Besides that, they also have a rotating 5% quarterly promotion that you have to sign up for. Depending on the season, it could be 5% back for hotels, gas, groceries, etc. Cashback on this seems to be best at least from what I can tell. 100 points = $1. There is no annual fee for this card and I have seen a signup bonus as high as $300 before. It's currently $100 signup bonus now.
MDtR-Chicago
Jun 25, 12, 11:08 pm
For personal use, I like the Chase Freedom card where it gives you 3% back on your top 5 shopping categories and 1% on everything else.
You still have this card? They took it away from most of us...
RobertNC
Jun 25, 12, 11:32 pm
They took the freedom card away from you?
I use the freedom card all the time - it is unbeatable for cash/points for everyday use.. it's now the only chase card that I have.. i had a southwest card and was denied for a saph preferred.. will probably try for a saph preffered again in 2013 or 2014
They took the freedom card away from you?
Most of the legacy Freedom, and Freedom Plus accounts were long ago converted...
http://www.flyertalk.com/forum/credit-card-programs/953674-changes-chase-freedom-starting-june-30-2009-a.html
The current Freedom cards have a different rewards program which offers 5% back on capped rotating categories chose by Chase, 1% otherwise.