Go Back   Ask Mr Credit Card Forum > Credit Cards > Cash Back Cards

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 05-10-2008, 10:15 AM
Junior Member
 
Join Date: May 2008
Posts: 5
Default What is the best cash-back card for a bigger spender?

I spend about $60,000 annually on things that are classified as "all other purchases". Based on my research, I believe that the Sam's Club Discover Visa card will earn me the most cash-back. Check out he following breakdown. But I want to double check to make sure if anyone here knows of a card that will perhaps give me even more cash-back.

Up to $1,500 0.25%
$1,500.01 - $3,000 0.50%
$3,000.01 - $5,000 1.00%
$5,000.01 - $10,000 1.75%
$10,000.01 - $1,000,000 2.00%

So
First $1,500 Rebate amount: $3.75
$1,500.01 - $3,000 Rebate amount: $7.5
$3,000.01 - $5,000 Rebate amount: $20
$5,000.01 - $10,000 Rebate amount: $87.5
$10,000.01 - $60,000 Rebate amount: $1,024

Total rebate amount: $1,142.75 minus $100 (Sam's club membership fee)= $1,042.75

Thanks alot for your advice.
Reply With Quote
  #2 (permalink)  
Old 05-15-2008, 02:51 AM
Junior Member
 
Join Date: Feb 2007
Posts: 26
Default

Have you considered the Blue Cash? While 2% above $10k looks good, you might want to check out how it looks if you breakdown your spending. I suspect using a combination of cards may also work better. Tell me your results when you use our calculator :

You can check it out here :

http://www.askmrcreditcard.com/cashb...alculator.html
Reply With Quote
  #3 (permalink)  
Old 05-23-2008, 08:57 AM
Junior Member
 
Join Date: May 2008
Posts: 5
Default

I will have to use other cashback credit cards for my grocery, gas and utility but for "other purchases" I believe the Sam's club discover card offers better cashback then Blue Cash, but only drawback is you must cash the cheque at a Sam's club.
Reply With Quote
  #4 (permalink)  
Old 10-23-2008, 06:31 AM
Junior Member
Site Admin
 
Join Date: Oct 2008
Posts: 18
Default

May be you can find it here.
Credit Card Advisor - BillShrink
Reply With Quote
  #5 (permalink)  
Old 10-26-2008, 07:27 PM
Junior Member
Site Admin
 
Join Date: Oct 2008
Posts: 3
Default

1. PenFed CashRewards Platinum Visa - 5% gas at pump, 2% - groceries, 1.25% - everything else. No AF, CL is reported, EQ hard pull
2. Chase Freedom = 3% back on 12 categories, 1% every thing else. No AF, signature version does noteport CL, most likely EXP hard pull.
3. Amex Blue Cash - 5% back on gas, 1.5% on everuthing else. Must spend at least 6k a year, no AF, reports CL, most likely EXP hard pull.
4. HSBC Weekend Card. 1% back when used Mon through Fri, 2% back Sat and Sun. No AF, may pull all three CRA.
Reply With Quote
  #6 (permalink)  
Old 11-07-2008, 12:06 AM
Junior Member
Site Admin
 
Join Date: Nov 2008
Posts: 6
Default

Have you looked at: Citi CashReturnsSM MasterCard®
__________________
Compare Credit Card Rankings
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


All times are GMT. The time now is 11:47 PM.


Powered by vBulletin® Version 3.7.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.