I’m a credit card slut. If Best Buy will give me 10% off my purchase for signing up for a BestBuy credit card, I’ll sign up, get my 10% discount, then promptly cancel the card. I also shop around for the cards with the best “rewards.” Discover gives me up to 2% back, which is nice, but I prefer non-cash awards. I thought I’d share with you some of the cards that I’ve found give the best rewards:
Citibank HiltonHHonors card! I love this card! It gave me 10,000 points for signing up and will give me 2 points for every 1 dollar I charge and 3 points for every dollar I charge at a Hilton Hotel. You can get free nights for as little as 12,000 points. Warning: Their redemption program is very convoluted. But if you’re willing to do some homework you can get a great deal. Just by doing my regular shopping, I’ve already earned enough points for 2 FREE nights at an Embassy Suites, which I will use on my upcoming vacation. Woohooo!
Amex Delta has a nice card for racking up miles, but they charge an annual $75 fee. They have a great reward for signing up though (something like 10,000 miles) and I’ve already earned enough for one free domestic flight. (IIRC, a free domestic flight is something like 30,000 miles.) There are a lot of bonus months where you can earn double miles, etc., too. By next year, I anticipate I’ll have enough miles for my husband, too. I’m patient and can wait years to cash in on my reward.
This is a great country where you can get free stuff by simply buying what you’d normally buy anyway. I charge everything from my groceries (yes, I’m one of those people you hate who will charge $5 in groceries) to my property taxes, and I get free stuff for doing so!
The downside is, of course, that the interest rates are not that attractive. But if you don’t carry a balance, however, the interest rate is a non-issue.
Does anyone else have a great card they’d recommend for the great rewards program? I’d love to hear about it.