Originally Posted by lessthanzero
wow. and that is not even weighted (would have been 1.2%). I'm thinking I should get one of these and spend exactly $6K on it a month. Can this really last? The only other with 2% on all purchases is the Fidelity 529 one, and they do it to get the management fees on your funds.
I don't think you are reading it quite right; i think it is weighted. You only earn 2% on purchases between 5-6k in spending. So I interpret this offer as exactly 1% cashback if monthly spending is 4500; then 1.5% on the next $500; then 2% on the next $1000; then nothing after that. not so good.
I really like the AT&T Universal Cash Rewards Card, as mentioned above. it is actual cash back, not funky points, and that is always nice.