Unfortunately, the 5 TY points for gas/grocery/drug stores only is offered for the first year.
After that you only get 1 TY point for those categories. Still a good deal for the first year, but you might be better off getting the Citi Dividend Platinum Select Card for 5% cashback on those categories and using a mileage card for your other category spending (consider the American Express Starwood Card. It gives you a 1 points to 1.25 mile conversion ratio, or you can use the points for hotel stays.)
Or. . .you might sign up for the Diamond Rewards card, use it for a year to get the bonus points and 5 TY points for gas/grocery/drug store purchases, and then call them and have them convert it to the Dividend Platinum Select Card so you can continue to get 5% cash rewards back on those categories.
Originally Posted by munjk1
I have a question about the above card. It gives you five miles towards any airline ticket for every one dollar purchase of gas, drugstores, or supermarkets (with an initial 5000 points bonus). Therefore, to accumulate 25,000 miles in order to get a ticket, you need to spend $5000 towards such purchases. A cash rebate card would give you $250 back on such $5000 purchases.
It looks to me that $250 does not buy you a ticket of any significance to anywhere these days. That means the above card that allows you a roundtrip ticket with $5000 purchases is a superior deal. Am I correct in my assessment? Does anyone have personal experience with this card?