Gyroscopic Investing

Are any of you using a credit card that I am not but that I should?

For a long time now I've been using the Citi credit card that gives you a total of 2% on EVERYTHING. Use that for almost everything.

For all Amazon purchases I use its credit card to get 5% (as an Amazon Prime member).

For a long time I used the Penfed credit card to get 5% on Food and Gas. But then I stopped when I found out there was no cashback and my next best option was to get Amazon Gift Cards at 85% on the dollar. However, after I did the computations I realize that is still a good deal so I'll start using it again for those two purchases.

Finally, over the last few weeks I found out about and acquired a Target and a Walmart card, both of which pay 5% on purchases from them under certain conditions.

Oh, I forgot to mention that I'm a non-traveler so cards in that direction are of no interest / value to me.

Vinny




The Best Rewards Credit Cards for You, 2020

https://www.kiplinger.com/slideshow/cre ... index.html

I have:

4% restaurants
https://www.usbank.com/credit-cards/alt ... -card.html

Discover 5% rotating categories, $50 sign up: https://refer.discover.com/s/gix657
https://www.discover.com/credit-cards/c ... endar.html

USbank 5% categories
https://www.usbank.com/credit-cards/cas ... -card.html

Chase 5% categories, $200 sign up
https://www.referyourchasecard.com/18a/KX0POC3M82
https://creditcards.chase.com/freedom-c ... s/calendar

My referral links. lmk if you questions about any cards. Im also a no-travel introvert so dont know about travel bonuses. That's discussed here https://www.bogleheads.org/forum/viewto ... ?p=5502199

Sam's club Mastercard gives 5% on gas and 3% on restraints. Only drawback is you get a check for all your cash back once a year.

boglerdude wrote: ↑Sat Sep 19, 2020 7:06 am I have:

4% restaurants
https://www.usbank.com/credit-cards/alt ... -card.html

Discover 5% rotating categories, $50 sign up: https://refer.discover.com/s/gix657
https://www.discover.com/credit-cards/c ... endar.html

USbank 5% categories
https://www.usbank.com/credit-cards/cas ... -card.html

Chase 5% categories, $200 sign up
https://www.referyourchasecard.com/18a/KX0POC3M82
https://creditcards.chase.com/freedom-c ... s/calendar

My referral links. lmk if you questions about any cards. Im also a no-travel introvert so dont know about travel bonuses. That's discussed here https://www.bogleheads.org/forum/viewto ... ?p=5502199

I left out that I've had a Discover card that I never use. However, just a few days ago I created an online account for it and saw the 5% reward categories for next month. Unfortunately, I already get them with other cards I'm more likely to use.

Also, in the last few weeks I did acquire that USBank you reference above, mainly to get the $200 cashback reward for spending $500 on it within 60 days of opening the card. Also chose my 5% categories but they will not get me a lot of rewards.

I will look at the Chase cards but I don't know if I will qualify for the $200 sign up as I already have at least four active Chase cards. Just looked at what you put there and I already have at least one Chase Freedom card so I don't think there is anything there for me to get.

Vinny