best business credit card to use for utilities

[yj]

this is a quote from my "chat" with capital one:  main point: .5 cent cashback

Justin: *Hi! My name is Justin. How may I help you today?

you: Visa® Business Platinum with Double No Hassle MilesSM

you: when converting miles to cash back is it one cent per dollar?

Justin: I appreciate your interest in Capital One.

Justin: Let me explain that for you.

Justin: With the Double No Hassle Miles card, you can either opt for the miles rewards or 0.5% cash back on all your business related purchases.

Justin: With No Hassle Miles, you get flexible redemption options: redeem for travel, cash back, merchandise, and more.

Justin: So, do you wish to know the features and APR for this card before you apply?

[yj]

this is why the sams club card sucks:

Qouted from their site:

SAM’S CLUB ADVANTAGE PLUS MEMBERS
Amount of Year-to-Date Purchases Percentage of Purchase
(including the current Purchase) Eligible for Rebate
Upto $1,500 0.25%
$1,500.01 - $3,000 0.50%
$3,000.01 - $5,000 1.00%
$5,000.01 - $10,000 1.75%
$10,000.01 - $1,000,000 2.00%
SAM’S CLUB ADVANTAGE MEMBERS AND NON-MEMBERS
Amount of Year-to-Date Purchases Percentage of Purchase
(including the current Purchase) Eligible for Rebate
Upto $1,500 0.25%
$1,500.01 - $3,000 0.50%
$3,000.01 - 1,000,000 1.00%
If a Purchase causes Year-to-Date Purchases to span multiple rebate tiers, the applicable
rebate percentage for each spanned tier will apply to that portion of the Purchase falling within
such tier. For example, if a Cardholder who is a SAM’S CLUB® Advantage member already
has Year-to-Date Purchases totaling $2,000, makes an additional $2,000 Purchase, $1,000 of
that additional purchase would be eligible for a 0.50% rebate and the remaining $1,000 would
be eligible for a 1.00% rebate.

[mancunian]

why does that mean it sucks - i dont get it.

lets make a calculation - if you spend $1,000,000 a year, its 2% on $900,000 - thats $19,800 + $87.50 for 5-10k + $20 for 3-5k + $7.50 + $3.75 = $19,918.75 - $100 annual fee = $19,818.75

is there something i'm missing?

[MOSES]

on my spg amex with a 2k limit, so far this month i have prepaid and spent over 50k on it, and have been doing the same for months

wow.
what do you do?

[Smirk]

wow.
what do you do?

Advertising

[Smirk]

Avi thanks for all your help i'm getting the amex plum and a visa ... I will let you know which one.

Amex Plum is only if you pay off in full, make sure you're able to do that. It says you get a discount on you're next bill, not sure if that makes a difference to you as opposed to cashback

[MOSES]

Advertising

marketing?
for who?

[Smirk]

check out the fidelity amex or the schwab invest fist visa, both said to be 2% cash back

[MOSES]

on my spg amex with a 2k limit, so far this month i have prepaid and spent over 50k on it, and have been doing the same for months

How do you prepay them? Wire? Check? Phone?
I have an amex starwood with a 3K limit that i want to make one charge for 150k on. I have the money to prepay it, just not sure how i should go about it. Any ideas?

[Smirk]

I send it from bill pay from my bank account, I would NOT recommend doing that, because uve never don't it before and going from 3-150k is way too much

[Dan]

How do you prepay them? Wire? Check? Phone?
I have an amex starwood with a 3K limit that i want to make one charge for 150k on. I have the money to prepay it, just not sure how i should go about it. Any ideas?

Prepaying 150K will all but guarantee an F/R.

[aussiebochur]

Prepaying 150K will all but guarantee an F/R.

If you're legit, does that matter?

[Monsey]

If you're legit, does that matter?

its a big pain and not worth it

[aussiebochur]

its a big pain and not worth it

150,000 *points are worth a pretty penny...

[MOSES]

I did it, no Fr sofar. i actually did a lot more than 150k. I sent them a bank wire. First i tried doing 10k and making a charge more than 3,000 and it worked np. I am going to try to put through a big charge tomorrow.
It is a business card, not sure if that makes a difference.... and i have had more than one FR before, not sure if that makes a difference either...

[Smirk]

You also have to keep in mind that even if you'll pass a FR if it comes, you money will be tied up for a bit and you can't use it.

[MOSES]

You also have to keep in mind that even if you'll pass a FR if it comes, you money will be tied up for a bit and you can't use it.

everything went will till i did way way way to much and didnt charge it. then they asked me to see bank statements and confirmations that the wire was sent from my business account.... all said and done, they cleared everything up within a day.

[MOSES]

Amex Plum is only if you pay off in full, make sure you're able to do that. It says you get a discount on you're next bill, not sure if that makes a difference to you as opposed to cashback

Is there a way to get the amex plum with 2 Percent cash back?

[greatluck]

Can someone do a Wiki (or add a Wiki)?

[ChaimMoskowitz]

Can someone do a Wiki (or add a Wiki)?

You are allowed to.