FlyerTalk Forums - View Single Post - Request details about some good 5% cashback cards
Old Sep 15, 2013 | 2:04 am
  #13  
garykung
FlyerTalk Evangelist
10 Countries Visited
20 Countries Visited
30 Countries Visited
15 Years on Site
 
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,807
Originally Posted by aeneas3
Unfortunately the 5% is going away.
Not exactly.

1. Since gas price increases in the early 2000s, the credit card companies reduce the bonus earned as 5% cash back applies to gas in most of the case.

2. Later, credit unions enter the games and exit now.

3. Although almost no new card offers 5%, some lucky customers are still able to keep their 5% as the change does not apply to them.

Your only choice - Discover.
garykung is offline