What is the best credit card?

I just got the Citibank Double Cash back card. You get 1 percent back when you buy and another 1 percent back when you pay. I also got the Chase Sapphire Preferred for the opening 50K miles bonus and converted that to cash. If you don't want to pay the fee on the Chase card, you can convert it to a Chase Sapphire standard card, and keep most of the benefits with no annual fee.

Our household runs approximately 50K per year through various rewards cards with opening bonuses, zeroed out every month and no fees, which results in about 3K back in my pocket every year for the last several years. Six percent return on average with no effort or risk is not bad.

I juggle cards to what benefits me the most.

I travel 200+ days a year and mostly stay in Holiday Inn properties so I get 80,000 points for signing up, 1 free night a year and by using the card at the hotel I get another night every 5-6 weeks. I rarely drop below 500,000 points despite traveling to the London and Paris last year for 2 weeks not paying a dime for lodging.

I usually fly American so getting their card is worth whatever the yearly fee is. 50,000 for signing up, free checked back and group 1 boarding.

The best value is getting new cards ever year or so to take advantage of the bonuses. As long as you have decent credit it won't affect it too much although several years ago I canceled a citibank card with 60K limit and that took my credit score down 75 points for a while.

If you go to Costco it makes no sense not to get their Amex card.

Who?

Some guy named Phil on my corner

I also use the United Mileage plus, have already worked it for a flight, round trip, on miles. 2nd year they zap you with a $95 annual fee, so I'll live with it for now.

Just kept the same funds. Mostly vanguard etfs and funds, as well as a few stocks. Average expense ratio is 0.08% i have not paid a fee in over a year.

agip wrote:

Runner80602 wrote:

BOA cash rewards. If you have investments with them or a bank account with over 100,000 you get 1.75% back on everything, 3.5% on groceries and 5.25% back on gas. Also 100 free trades a month. They paid me 150 to transfer all my assets and have great rewards.

er....

as an investment advisor this gives me the willies

Did you buy funds they recommend or just keep whatever you had before?

cause if they put you in high expense funds, you could be losing big time here.

Keep all of the same investments. Mostly Vanguard ETFs and funds as well a few stocks. I have not paid a fee in over a year and done over 200 trades.

My first full year with Chase Sapphire... got $897 back at the end of the year since I wasn't going to be travelling. Pretty cool. Used to get nothing. Now I get $ back for nothing.

Fidelity has an AmEx card that pays 2% into a retirement fund. They also have a MasterCard that pays 2% into the 529 College fund(s).

You know, my family did not use a loan until it was necessary to buy an apartment, and we were looking for a long time where to get it, and we found a wonderful website , where there are ratings of all credit companies. Now we are with the apartment and the loan closed.