Originally Posted by
roki
Citi Forward should be 5 points/$ or 2 points/$, depending on which version. AFAIK, there was no 3 points/$ version.
As for the Fido Amex, I would not cancel it. It carries no minimum fee, so there is little benefit to canceling. The Citi Double Cash card is a fine replacement for the Fido Amex, because it also carries no AF and is more widely accepted than the Amex. If 2% is your goal and cashback is your reward of choice, then I'd suggest grabbing the Citi Double Cash card, stashing the Fido Amex is a drawer, and keeping the rest the same. The only other thing I might recommend is getting the Chase Freedom card to capitalize on the 5% categories (gas two quarters a year, etc).
Roki,
There's a bit of confusion with the Citi Forward. I was looking through my rewards details and I could have sworn it said 3 points/$. I double checked my statements and a customer service rep and it is indeed 5 points.
In any case, I made a couple of moves. I have a Chase Sapphire that was recently downgraded from the Sapphire Plus (which we got for the bonus) Since the rewards are redundant, I called Chase and had them switch to the Freedom.
I just was approved for the Citi Double Cash and I'm considering applying for the US Bank Cash+ card. The 5% cash back on restaurants is better than the 5 points on the Forward (which probably comes out closer to 3 or 4%.)
At that point I'll have more cards than I really want with several sitting unused in a drawer. I'm trying to decide if that would be a problem or not.