Best Cashback card for general purchases?

[S209]

Open a Sapphire Reserve, sell the points, and then pay cash for 3 years. You’ll come out way ahead.

[herb]

Open a Sapphire Reserve, sell the points, and then pay cash for 3 years. You’ll come out way ahead.

i used to have spg which at the time was highest value for selling points but have since switched to cb cards. im not just looking to open and close cards while making $ off sign-up bonuses

[yitzf]

Amex blue cash preferred gives 6% on the first 6k of groceries, 3% for gas, 1% for everything else. Has a $95 annual fee so if you just use it for 6k in groceries you'll net about 4.5%.

[ExGingi]

Amex blue cash preferred gives 6% on the first 6k of groceries, 3% for gas, 1% for everything else. Has a $95 annual fee so if you just use it for 6k in groceries you'll net about 4.5%.

How is that better than the Everyday Preferred (assuming you make 30 charges per month)?

[herb]

Amex gold 4% Grocerys up to 25k

this card is not cashback

[Joel]

this card is not cashback

Can be redeemed for cashback

[herb]

Can be redeemed for cashback

as 1 cent per point?

[Freecountry]

as 1 cent per point?

Can be redeemed for cashback

you can't redeem Amex mr points for straight Cash back at 1cent per point. They give .7 cents per point so 4 points per dollar is really 2.8 cents per dollar. Furthermore they don't give straight Cash back or even statement credit it goes based on your purchases for example if you have 1000 mr points and a $100 dollar statement they won't give you $7  off your statement ( .7 cents per point x1000 =$7)  only if you had a $7 purchase in that statement would you be able to redeem this 1000 points for that transaction. Even the amex Cash back cards ( blue cash...) Don't give cash back, only statement credits in increments of $25

[herb]

you can't redeem Amex mr points for straight Cash back at 1cent per point. They give .7 cents per point so 4 points per dollar is really 2.8 cents per dollar. Furthermore they don't give straight Cash back or even statement credit it goes based on your purchases for example if you have 1000 mr points and a $100 dollar statement they won't give you $7  off your statement ( .7 cents per point x1000 =$7)  only if you had a $7 purchase in that statement would you be able to redeem this 1000 points for that transaction. Even the amex Cash back cards ( blue cash...) Don't give cash back, only statement credits in increments of $25

thanks. sounds more right. back to the drawing table for cash back cards with highest % for each catergory...

[aygart]

you can't redeem Amex mr points for straight Cash back at 1cent per point. They give .7 cents per point so 4 points per dollar is really 2.8 cents per dollar. Furthermore they don't give straight Cash back or even statement credit it goes based on your purchases for example if you have 1000 mr points and a $100 dollar statement they won't give you $7  off your statement ( .7 cents per point x1000 =$7)  only if you had a $7 purchase in that statement would you be able to redeem this 1000 points for that transaction. Even the amex Cash back cards ( blue cash...) Don't give cash back, only statement credits in increments of $25

With a Schwab account and card you can get more.

[S209]

With a Schwab account and card you can get more.

Only with the Platinum, right? Not sure OPs quite up to $550 AFs yet lol

[noturbizniss]

Also get more with biz plat book with rewards. 35% back

[Freecountry]

Also get more with biz plat book with rewards. 35% back

we're talking about cash back. If he wants travel then he should go for the chase trifecta....

[herb]

we're talking about cash back. If he wants travel then he should go for the chase trifecta....

Amex blue cash preferred gives 6% on the first 6k of groceries, 3% for gas, 1% for everything else. Has a $95 annual fee so if you just use it for 6k in groceries you'll net about 4.5%.

Also get more with biz plat book with rewards. 35% back

thanks everybody for trying to help out but im still not left with any clear answers for which cards to get...?

[S209]

Open a Sapphire Reserve, sell the points, and then pay cash for 3 years. You’ll come out way ahead.