Comments on: The Best Cash Back Credit Card - If I Could Only Pick Just One

By: » The Best Chase Credit Card Offers and Rewards

» The Best Chase Credit Card Offers and Rewards — Wed, 08 Oct 2008 22:58:16 +0000

[...] out this detailed breakdown review of the Chase Freedom credit card reward program. The Chase Freedom card is one of the two best cash back credit cards available [...]

By: Ken Jones

Ken Jones — Mon, 21 Jul 2008 16:34:08 +0000

First I want to thank you for all of your research. Discover Cards sent me an offer for their new (I think) discover More card with additional cash back features, but when comparing it to my AMEX Blue it seems lacking. I have a Chase Card and have not used it in months. It seems from your figures that I might want to switch use to Chase. I buy about $400 or more worth of gas per month. Where do they cap your cash back in a catagory? Should I charge amounts over that on a different card?
Thanks, Ken

By: Raymond

Raymond — Wed, 09 Jul 2008 01:34:42 +0000

Kyle,

I’m fairly certain Whole Goods counts as a grocery store for higher credit card reward purchase category purposes. Such places like Trader Joe’s would be included as well. Only warehouse clubs like Costco’s, BJ’s, and Sam’s Clubs would not be part of the supermarket category.

By: kyle

kyle — Wed, 09 Jul 2008 01:29:52 +0000

Does Whole Foods count as a “grocery”? Seems obvious that it should, but, in looking over my statement, I’m not quite sure that it does. Anyone know?

By: Jon

Jon — Wed, 18 Jun 2008 16:57:38 +0000

How does the Advanta Platinum Business Card compare to the Chase Freedom card?

By: Gregory

Gregory — Tue, 10 Jun 2008 17:32:15 +0000

Thanks for the great comparison. Chase now does the top 5 categories for those cardholders with Chase Checking accounts. Do you think that expands the difference between the two cards for the lower spender (advantage Freedom). Or do you think it is mainly a marketing scheme, because most mid to higher spenders will probably hit the $12 bonus cap solely in the top 3 categories?

By: Alex

Alex — Tue, 10 Jun 2008 02:59:17 +0000

I see…and once you reached to the second $200 (so I guess $400 total), then you added in another $50?

By: Raymond

Raymond — Mon, 09 Jun 2008 01:13:26 +0000

Yes I did Alex. In my nerdy credit card calculations, I used 3% / 1% purchase rebate percentages when monthly Chase Freedom rewards were still below the $200 reward limit. However, once it exceeded $200, I switched to the prorated $50 bonus rebate percentages of 3.75% / 1.25%

By: Alex

Alex — Mon, 09 Jun 2008 00:51:45 +0000

This is a great comparison, thanks! I have a question, though. Did you take into account that with the Chase Freedom card, you get a $50 bonus for every $200 in rewards? If not, then after spending $2000 a month with the Chase card, you really get $530 which would barely beat American Express.

By: Raymond

Raymond — Sat, 10 May 2008 00:51:03 +0000

Brandon, you really don’t need to cancel unused credit cards to open a new card.

You may be better off storing the old credit card in a safe place and keeping it active. Having unused credit limit available has a positive overall effect on your FICO credit score.

By: Brandon

Brandon — Fri, 09 May 2008 22:43:13 +0000

Thanks for the comparison I think I’m going to have to cancel my American Express and go with the Chase Freedom

By: Earn Up To 5% Cash Back Discounts Or More At Major Retailers By Buying Gift Cards At Supermarkets | Money Blue Book

Mon, 04 Feb 2008 05:37:09 +0000

[...] American Express Blue Cash Card - Offers up to a tiered 5% cash back for bonus category purchases at places like supermarkets, drugstores, and gas stations. See detailed review of (Amex Blue Cash vs. Chase Freedom). [...]