Chase offers a similar card; I wonder if those rewards will also be cut soon as well.
We used up our Citibank rebate by May, so we have been using our Chase card for gas and supermarket purchsaes since then. If Chase and/or Citibank decrease the reward, that will definitely put a kink in our reward card strategy...
Yes, this one's history. Citi had already jacked up the interest rate on it for new applicants, now they've decided to 86 it for good.
Chase did have a card like this (5% rebate on gas), but they got rid of it, too. They do have the PerfectCard, which is 3% on gas, 1% elsewhere.
Discover's got a gas card with decent rebates as well.
But the cash back cards have definitely scaled back on some of the most generous offers.
The recent changes to the cash back rewards of the Citi Dividend MasterCard prompted me to do some personal analysis to find the best mix of cash back cards for my spending patterns.
That personal analysis inspired me to build a general-purpose tool to help anyone determine the single best card or mix of N cards that will maximize their cash back rewards. You just plug in how much you spend each month (broken out by categories for best results) and you're presented with a list of recommended cards sorted from best to worst by your expected annual reward. If having more than one card and using each card to its strengths could yield a greater total reward, then each combination of the Best N cards is presented as well.
You can see the tool at http://www.creditcardtuneup.com/ .
Hi, Spammer Joel.
I'm deleting the duplicate comment you left on another of my posts that has the exact same text. I'll leave this up in one place only. If you comment on other posts, please use original content in your comments or they'll be deleted.
Thanks for stopping by.
Commenting by HaloScan
