What Card Do I Pull Out of My Wallet?
First of all, my wallet is so fat, I can barely pull it out of my pocket. And when I do, it’s so stuffed with cards, it’s hard to get one out. (Maybe I need a bigger wallet, but the one I have is a genuine leather beauty from Florence, and it’s just too cool to replace.) But when I do get one out, which one do I choose? Well, it depends on my spending. But each one of the following cards has “category bonuses” that make them swipe worthy.
Chase Sapphire Preferred
2x points on meals and travel. Plus you earn an additional 7% annual dividend on all miles earn. I use my Sapphire Preferred as my primary card when I’m not meeting a spend requirement. But even then, I still pull it out when I’m eating out with the wife or drinking a brew with the fellas.
Amex Premier Rewards Gold Card
3x points on airfare and 2x points on groceries and gas. This stunner allows me to diversify and earn some Membership Rewards points. They do come in handy, people. Trust me, you will want options when it comes time to book an award ticket. I especially like the groceries bonus of 2x points, and the 3x points on travel is pretty darn good too.
Chase Ink Bold
Are you ready for some category bonuses? 5x points on office supplies, internet, cable/satellite, and phone services. 2x points on gas and travel. Remember, the Ink Bold is a charge card, so you will have to pay off the bill in full every month. You should be practicing this anyway. I also run all my satellite and cell phone expenses through my Ink Bold. Love the 5x points.
Amex Business Gold Rewards Card
Normally you get 2x points on all advertising. That’s still pretty good. You also will get 3x points on airfare and 2x points on gas and shipping. This is a legit business card if you spend $$$ on shipping and advertising.
The Chase Freedom is unique because you will earn 5x points on different quarterly categories. The categories change every quarter. The rotating categories are: gas, drugstores, groceries, airfare, hotel, home improvement, home furnishings, lawn & garden, dining, department stores, movie theaters, and charities. This quarter, the 5x category bonuses are gas stations and restaurants. Pretty sweet.
See, I told you that these cards can be used, and are good for more than just the sign-up bonuses. We all have daily expenses and this is just another way to streeeetch your dollar. If you spend a dollar and it doesn’t earn you at least 1 point, that’s opportunity lost. I see miles and points as currency, and you should too. My goal is to at least get 2 points per $1 spent. I like padding my miles balance so I can travel more with wife, and maximizing my daily spending with bonus categories is one of the ways I became a miles millionaire.
I hope this helps you noobs, and if you have any questions, don’t hesitate to email me.
— Noob Master