Penfed AMEX. No annual fee first year. $45 after.
Reasons I like this card:
1. 20K bonus points upon signup.
2. Bonus categories: 5 pts/$ for airline purchases. 3 pts/$ hotel/restaurant.
this quarter: 2 pts/$ for everything else. Normally 1 pt/$ for everything else.
3. No FOREX fee.
4. Decent credit limit. (at least for me)
5. Priority Pass membership with 2 free passes with 15K spend.
If used to buy airline tickets, 1 pt equals 1.5 cents. Bought 1 AA ticket, was able to get better seats using my AA status. Accumulates FF mileage.
Cons:
1. Conversative Credit Union but not unreasonable. Best to apply for this card first, then get other cards later.
2. Can only book airline tickets online & online booking can be a little "buggy". Good for 1 way or RT.
Bottom line: I have this card for the bonus categories. I got alot of miles buying airline tickets and restaurant/hotel. $3000 airline spend equals a $225 revenue airline ticket. ^