ya it is a good one for no annual fee. to get that extra 10% though u have to transfer your rewards dollars to that account(checking or savings) so if u accumulate $100 reward dollars(this is the sign up bonus after u knock out required spending) and then transfer it to savings or checking, it actually nets u $110, pretty nice. Although, there are some fees associated with those accounts. I myself have the BoA savings and it is $300 minimum daily balance to waive the monthly fee, there are other ways as well but that is pry easiest. I am sure there are fees with the BoA checking account to.
Welp friends, i just knocked out $3500 in spending for my US Bank Flexperks card, so it's on to the next one. I basically just started this whole CC thing in March of 2014 and I have $161,000 in credit lines, pry higher though, this is what creditkarma suggested. I was at a 778 in Jan 14 and now at 742 according to creditkarma, score provided by transunion
. just bought a new house with cash so no mortgage, need a new car soon pry though but im gonna put that off as long as i can. my wife and i have two that run fine but one is pretty old. not really worried about the score going down, it should go back up soon but i dunno, im gonna keep binking credit cards. time to go look now
JL i do research usually, signing up is funner though. im not worried about them not transferring, statement credit is just fine for me as it's really the most efficient. it may not work out to the savings you get with travel but in the end, cutting down on expenses is better than traveling for cheaper than you normally could do it for, if u do not end up traveling that is.
^^^BoA cash rewards card is better than the above two IMO. 3% on gas and 2% at grocery stores permanetly is pretty nice, a lot of times the 5% rotating categories are useless, unless you love going to the movies or spending at Lowes, plus the 10% bonus we talked about above with BoA
noting this for the BoA cash rewards card though: 2% at grocery stores and 3% on gas for the first $1,500 in combined grocery store and gas purchases each quarter.
Last edited by p2 dog, p2; 08-13-2014 at 12:38 PM.