mia

Chase issues cards which earn 5 points per dollar. To me it is the most appealing aspect of Ultimate Rewards.

Citi used to issue 5X cards. The cards are all discontinued, but many of us still have them. I doubt they will last long, because the points are more valuable than they were when those cards were issued.

American Express Everyday Preferred comes close. 3X at supermarkets, with a 50% bonus for 30 transactions in a month. In this case, the bonus applies to the category bonus, effectively 4.5 points per dollar at supermarkets, BUT capped at $6,000 per year.