Best reward card, unlimited rewards.
married, practical, always looking for ways to save, appreciative of good service, don't carry a balance, pay my cc bill off each month, not rich, thrifty
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NOV
24
2007
There are a couple cards out there which offer 1% for the first $1500, then an inflated amount thereafter, but by their definition of what is eligible for the high reward level, SuperWalmart, SuperTarget, Kroger--indeed any national grocier--is ineligible. So by the time you spend enough to get up to the higher level, and take into consideration that you're probably only getting rewarded for it on gas and drugstore purchases, you never do much better than 1.2-1.3% overall.
With 3% back in my top three categories, I am usually getting 3% back on 80% of my purchases, so my overall reward level is around 2.6%, and there's no annual maximum. Multiply that by $20K annual spending, and this card is paying me roughly $500/yr to use it.
If you are a controlled spender, who pays off your bill every month (with the advent of internet payments, I even pay mine off every week, so that my reported balance to the credit bureaus is always low), this is absolutely the card for you!.
Last edited on Dec 14, 2007
Chase - Freedom Card is recommended by hindsight2020
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