Page 1
Page 1
Started By
Message

American Express Rewards Cards

Posted on 11/10/15 at 8:43 am
Posted by jp90
Member since Oct 2009
1298 posts
Posted on 11/10/15 at 8:43 am
Out of the Blue Cash Everyday, Premier Rewards Gold, or Everyday Preferred which would you guys prefer? Major drawbacks that anyone has experienced with these?

I want to be able to make travelling cheaper when I do but I don't want to have to travel more often just to rack up points if that makes sense.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 11/10/15 at 8:59 am to
Posted by Lima Whiskey
Member since Apr 2013
19031 posts
Posted on 11/10/15 at 9:54 am to
I like charge cards, but the Everyday Preferred has a much better earnings rate.
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 11/10/15 at 10:42 am to
If you buy a lot of groceries, the preferred is the way to go, even though they cap the 6% cash back rate at 6,000 spend per year now


You used to be able to go to albertsons, etc and buy gift cards to just about anywhere to increase your cash back. Because of this, they had to limit the category but it's still great for the average family.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2786 posts
Posted on 11/10/15 at 10:52 am to
I have a Fidelity Investment American Express credit card. No annual fee and it pays 2% on all purchases. No limits or cap. The only hooks are that it has to be linked to a Fidelity account and it credits the account every 3 months.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 11/10/15 at 10:56 am to
quote:

No annual fee and it pays 2% on all purchases.

In Membership Rewards points?
Posted by jp90
Member since Oct 2009
1298 posts
Posted on 11/10/15 at 11:12 am to
ended up having a decent prescreened offer for the Gold Rewards card so I ended up applying and going with that one. Other than the annual fee, seems like a pretty sweet deal.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51191 posts
Posted on 11/10/15 at 1:26 pm to
I use the cash preferred with the 6% at grocery stores.

I buy gas cards at the grocery store to indirectly get 6% back on gas.

We get enough groceries and gas to make it worth it, even with the annual fee.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 11/10/15 at 2:19 pm to
quote:

ended up having a decent prescreened offer for the Gold Rewards card so I ended up applying and going with that one

Hell yes. I used 6 months worth of points (and that bonus) to pay for our flight home from Paris a few months ago. Used the bonus from an American Air MC to pay for the other leg.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2786 posts
Posted on 11/11/15 at 3:44 pm to
quote:

In Membership Rewards points?


No, in cash. I think you can set it up to go into any Fidelity Fund. I have mine going into a FTEXX a maniple money market mutual fund. I have transferred some of it into my trading account.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram