But on a purely financial basis, are the two the same? Does the 2% cash back tip things in favor of the Visa card?
And on a related note, anybody know of any way to earn miles/points for opening a Schwab acct?
-cnk
The 2 % does make the Visa credit card a better financial deal. However in many foreign situations, even in major cities, people do not use credit cards for small transactions the way we do in the USA. You'll be slowing down the line and likely get a scowl from the merchant in these cases, so I use cash much more than I do here (which is almost never).
Years ago, Schwab gave out big Delta miles for adding assets to one of their brokerage accounts. I know of no way now to get miles from Schwab but please send me a PM if you find one.