Changes

Credit Card Recommendations

703 bytes added, 16:15, 10 November 2018
American Express Blue Cash Preferred Card
*1% on all else unlimited
It costs $95/year. There is also a variant (the [https://www.americanexpress.com/us/credit-cards/card/blue-cash-everyday/ American Express Blue Cash]) with no annual fee. However it only gives 3% on groceries (still up to $6000 per year), 2% at gas stations, & 1% everywhere else. Assuming you only use this on groceries the 6% pays break even for the yearly fee (when compared to a free 3% card) @ $2500 3167 spent. Add in If you use this for gas and it gets better sotoo the break even point is lower. So, for most people, paying the yearly fee is worth it(if you spend more than $3167 per year on groceries). In a year, if you spend $6000 on groceries with this card, you'll get $360 cashback - $95 fee = $265 (as compared to $180 with the free 3% card). If you use this for gas too you'll do better, but there is a [[#PNC Cash Rewards Visa|4% gas card from PNC]] listed below. It also gives you access to some AMEX cashback offers that are something like "spend $30 at a Shell station using the card and get a $5 statement credit". Once you sign up for the deal you just use the card at the specified retailer and a credit is automatically issued to your account. I've been able to use a few of these for hotel stays, REI, gas stations, etc.
This card is only good for stores categorized as "supermarkets." This does not include big box stores liked Target & Walmart or warehouse clubs like Sam's and Costco.