Author Topic: credit card cash back bonus recommendations  (Read 3356 times)

wotan

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credit card cash back bonus recommendations
« on: June 02, 2019, 08:04:35 AM »
what's the best deal for credit card cash bonus right now.
have major house renovation going on right now.
thanks

Indexer

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Re: credit card cash back bonus recommendations
« Reply #1 on: June 02, 2019, 08:17:03 AM »
For just the bonus?  There are plenty right now.

https://www.creditcards.com/signup-bonuses/

Summary:  There are several offering $150 and $200 sign on bonuses.


Just for the ongoing cash back?  Depends on what you spend money on.

Citi DoubleCash is 2% everywhere.
Citi Costco card is 4% for gas, 3% for restaurants.
Uber card is 4% for restaurants.  (Also has a $150 sign on bonus)
American Express Blue Cash is 3% at grocery stores.  (Also has a $150 sign on bonus. There is a version that is 6%, but has an annual fee.)

Discover and Chase have cards that have 5% categories that change every quarter.

wotan

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Re: credit card cash back bonus recommendations
« Reply #2 on: June 02, 2019, 09:32:19 AM »
only interested in the bonus.
already have a Discover card.

bacchi

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Re: credit card cash back bonus recommendations
« Reply #3 on: June 02, 2019, 10:18:21 AM »
https://www.doctorofcredit.com/best-cash-credit-card-sign-up-bonuses/

Chase Sapphire Preferred -- turn the points into $500+ cash.
Wells Fargo Propel -- $400
Capital One Savor -- $500

If you want to churn cards long-term, you'll need to pay attention to the rules. Chase has a strict 5/24 rule, Barclay's has a loose 5/24 rule, and Capital One is getting more strict. Bank of America is wising up as well.

Get a new card once/6 months and you'll be fine. If you have a spouse, he/she can do it as well. Your first year can be pretty profitable.

Saving in Austin

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Re: credit card cash back bonus recommendations
« Reply #4 on: June 02, 2019, 09:16:44 PM »
If you have a side hustle or some way to apply for a business card, then Chase Ink Business will give you $800 cash back (or $1000 in travel) for spending $5000 in the first 90 days.

You can try to apply with a social security number at the link below even if you don't have an EIN.

https://bit.ly/2XmOv8a


JimLahey

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Re: credit card cash back bonus recommendations
« Reply #5 on: June 16, 2019, 01:43:41 PM »
Bank of America is offering a $200 bonus for $1K spent within the first 90 days. I just opened one last week. You can change your 3% spending category.

https://promo.bankofamerica.com/ccsearchlp8/?cm_mmc=Cons-CC-_-Google-PS-_-200-Online-Bonus-Offer-_-Brand_CreditCard&code=BAACO7&gclid=CjwKCAjw0ZfoBRB4EiwASUMdYU2q4Sf7qGBXP5NNTHmM0g2-ETimRNDA3j7Iu1JDYF3ixnbBcRfkPxoCUi0QAvD_BwE

Duke03

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Re: credit card cash back bonus recommendations
« Reply #6 on: June 16, 2019, 08:49:10 PM »
Rule of thumb is don't waste your time or 5/24 slot for anything under $500.  Also with a little research or just ask a few general questions you will find that any credit card's point currency can be converted to CASH BACK very easily.  Too many people make the mistake of going for a $200 cash back card when they could have gotten a Barclay Arrival plus and cashed in the points for an easy $800 in cash back.....