My Cash Back Credit Card Strategy
I use three cash back credit cards in such a way to maximize
the cash back I get from them. The cards
I have are as follows:
- Discover It
- Chase Freedom (VISA)
- Citibank (MasterCard)
I keep track of the categories using the Note app on my
iPhone, because I typically have it with me no matter where I go. I take advantage of the quarterly categories
and then pretty much use the Citibank card for everything else. I’m not always good about remembering to
check and see if the Discover or Chase cards offer a higher cash back
percentage for shopping at online stores through their site. I’m trying to do better on
that front. (I sometimes use Ebates for cash back rewards, but that's an entire different animal!)
I’ve thought about either switching to or adding a travel
rewards card, but I’m not to the point I’m ready to make a commitment to
that. I plan to do more traveling in the
future, but I’m not loyal to a particular airline or hotel chain. So I’m not sure a travel rewards card would
be a good fit for me. I’ll play that one
by ear as the next year unfolds.
That sounds like a very wise strategy.
ReplyDeleteLynne x