Author Topic: Best Cashback card for general purchases?  (Read 3176 times)

Online sguitarist18

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Re: Best Cashback card for general purchases?
« Reply #45 on: December 11, 2018, 10:30:37 PM »
I have AMEX blue cash preferred for a bunch of years, I'm realizing it's not so impressive. $95/yr AF, and the 6% back maxes out at $360/yr. When I realized that the no-fee version gives 3%, which is $180, it turns out you're paying $95 for a max of $180. Not as impressive as it originally sounds.

Offline Freecountry

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Re: Best Cashback card for general purchases?
« Reply #46 on: December 11, 2018, 10:36:33 PM »
thanks everybody for trying to help out but im still not left with any clear answers for which cards to get...?
if your looking for strictly cash back with no af then the discover card may be a good bet because they'll match all the cash back you earned the first year, essentially giving you 2% back on all purchases and 10% back on rotating categories. the freedom card is also a good option because they'll have 5% back on rotating categories discover wont have (example: chase pay, paypal...) (with discover you'll get $50 sign up bonus which doubles and an extra $20 if your a b student or better which doubles too, the freedom will give you $150 bonus and another $25 for adding an authorized user) note: the discover card doesn't give the bonus as cash back to your bank only as a statement credit
« Last Edit: December 11, 2018, 10:41:04 PM by Freecountry »

Offline S209

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Re: Best Cashback card for general purchases?
« Reply #47 on: December 12, 2018, 01:07:10 AM »
The Alliant card is the best option for someone looking specifically to spend large amounts of money on a generic card without the hassle of points and miles.

If you wonít be spending lots, just get a $750+ signup bonus every few years. Heck of a lot more than 2 cpp youíll make on your everyday purchases. Do the math.
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Online Joel2

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Re: Best Cashback card for general purchases?
« Reply #48 on: December 12, 2018, 06:17:05 AM »
if your looking for strictly cash back with no af then the discover card may be a good bet because they'll match all the cash back you earned the first year, essentially giving you 2% back on all purchases and 10% back on rotating categories. the freedom card is also a good option because they'll have 5% back on rotating categories discover wont have (example: chase pay, paypal...) (with discover you'll get $50 sign up bonus which doubles and an extra $20 if your a b student or better which doubles too, the freedom will give you $150 bonus and another $25 for adding an authorized user) note: the discover card doesn't give the bonus as cash back to your bank only as a statement credit
Discover you can get the cashback to your bank account easily.
Its actually easier then capital one quick silver and amex blue cash.

Offline ChaimMoskowitz

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Re: Best Cashback card for general purchases?
« Reply #49 on: December 12, 2018, 08:36:28 AM »
...it turns out you're paying $95 for a max of $180. Not as impressive as it originally sounds.
I will take this everyday of the week and twice on Sunday.
I just found a new supply of forks!

Online sguitarist18

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Re: Best Cashback card for general purchases?
« Reply #50 on: December 12, 2018, 12:12:30 PM »
If there's no other factors, then obviously it's a good deal...but it's not as amazing as it seems at first glance. For example, my school sells vouchers to local stores with what amounts to a 5% discount. Not as good as a 6% cashback, but better than what I'd get from the Blue Preferred.

Offline Freecountry

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Re: Best Cashback card for general purchases?
« Reply #51 on: December 12, 2018, 12:53:06 PM »
if your looking for strictly cash back with no af then the discover card may be a good bet because they'll match all the cash back you earned the first year, essentially giving you 2% back on all purchases and 10% back on rotating categories. the freedom card is also a good option because they'll have 5% back on rotating categories discover wont have (example: chase pay, paypal...) (with discover you'll get $50 sign up bonus which doubles and an extra $20 if your a b student or better which doubles too, the freedom will give you $150 bonus and another $25 for adding an authorized user) note: the discover card doesn't give the bonus as cash back to your bank only as a statement credit
and before the end of first year with discover refer your spouse so you'll get $50 referral bonus which will double, plus you're spouse will get a $50 bonus which doubles and you'll have another entire year of 2% back on all purchases and 10% back on rotating categories.
If you're able to fully maximize your rotating categories for those two years and you referred your spouse then you'll have made $1500 cash back before taking into account the 2% back on every purchase and the $20/$40 if you and/or your spouse is a student
« Last Edit: December 12, 2018, 01:00:50 PM by Freecountry »

Offline Dave321

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Re: Best Cashback card for general purchases?
« Reply #52 on: December 12, 2018, 01:04:59 PM »
anyone use the spark card 2% back on everything. is their a limit?

Offline ChaimMoskowitz

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Re: Best Cashback card for general purchases?
« Reply #53 on: December 12, 2018, 03:10:47 PM »
anyone use the spark card 2% back on everything. is their a limit?
No limit on earning cashback.
I just found a new supply of forks!

Offline S209

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Re: Best Cashback card for general purchases?
« Reply #54 on: December 12, 2018, 03:16:23 PM »
and before the end of first year with discover refer your spouse so you'll get $50 referral bonus which will double, plus you're spouse will get a $50 bonus which doubles and you'll have another entire year of 2% back on all purchases and 10% back on rotating categories.
If you're able to fully maximize your rotating categories for those two years and you referred your spouse then you'll have made $1500 cash back before taking into account the 2% back on every purchase and the $20/$40 if you and/or your spouse is a student
1) The referral bonus doesnít double anymore, now itís a statement credit instead of cashback
2) You canít discuss referrals here, against forum rules
3) You can get a second card, after youíve had the card for 12 months. So thatís 4 years of fun.
4) Once weíre discussing referrals, you can refer yourself as well
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