Credit Cards: Difference between revisions

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Latest revision as of 02:41, 4 July 2024

Credits Cards categorized by the issuing bank.

Getting Started

Get the Discover It 5% card as your first card
- Use a referral link for $50 credit
- Mark your occupation as student to get the student card
- Make sure you list an income that is >=$10,000.
- If rejected, apply for the secured card or the Capital One Platinum.

Alliant Credit Union

Alliant Visa Signature

American Express

Amex cards earn MR points. MR points can be redeemed for cash at 0.6 cents per point.

Amex EveryDay - 2 MR points at supermarkets
Amex Blue Business Plus - 2 MR points per dollar

Bank of America

Bank of America Cash Rewards Credit Card - 3% in a fixed category of your choice, 2% at grocery stores and wholesale clubs

Capital One

Capital One Quicksilver - 1.5% Cashback. No foreign transaction fee.

Citi

Chase

Chase cards earn UR points which can be redeemed for statement credit at 1 cent per point.
With the Sapphire Preferred or Reserve cards, they can be transferred or redeemed for travel for more value.

Chase Freedom - 5 UR points at rotating categories
Chase Freedom Unlimited - 1.5 UR points
Chase Sapphire Preferred - 2 UR points travel and dining worldwide, $95 AF
Chase Sapphire Reserve - 3 UR points travel and dining worldwide, $450 AF
Chase Amazon Visa

Caveats

5/24 rule. If you've gotten 5 credit cards from any issuer within the past 24 months, your application will be rejected.

Discover

Discover it Cash Back - 5% Rotating categories
Discover it Chrome - 2% at Gas and Restaurants

Fidelity

Fidelity Rewards Visa

Synchrony Bank

Synchrony Bank is one of the more lenient lenders. I have yet to get rejected for a credit card from them. They also give the highest credit limits among banks I've applied to.

PayPal Cashback Mastercard - 3% cashback w/ PayPal checkout, 1.5% elsewhere
Amazon Store Card - 5% cashback at Amazon
Rakuten Cash Back Visa (Discontinued) - 3% cashback on Rakuten cashback purchases
Synchrony Premier Mastercard

Wells Fargo

Wells Fargo Autograph (formerly Wells Fargo Propel) - 3% on restaurants, gas, travel. No annual fee.
Wells Fargo Active Cash - 2% visa card. No annual fee.

Benefits

Auto Rental Collision Damage Waiver

See https://www.nerdwallet.com/article/credit-cards/credit-card-rental-car-coverage

Primary

Bilt World Elite Mastercard

Secondary

Wells Fargo Autograph
Wells Fargo Active Cash

Cellular Telephone Protection

Wells Fargo Autograph
Wells Fargo Active Cash

@@ Line 6: / Line 6: @@
 #* Use a referral link for $50 credit
 #* Mark your occupation as student to get the student card
-#* Make sure you list an income that is >=$10,000
+#* Make sure you list an income that is >=$10,000.
-#* If rejected, apply for the secured card or the Capital One Platinum
+#* If rejected, apply for the secured card or the Capital One Platinum.
-# Get the Chase Freedom
-#* Use a referral link
-#* If rejected, get the PayPal Mastercard. I don't have a referral link for this.
-#* Or get the Capital One Quicksilver or Capital One Savor One using a referral.
-The Discover It and Capital One Platinum cards are easier to get for people with no prior credit history.
+==Alliant Credit Union==
-If you're uncomfortable listing an income >= $10,000 then you may apply for the Discover It secured instead.
+* [[Alliant Visa Signature]]
-If you want a general purpose credit card, you can apply for the PayPal Mastercard issued by Synchrony Bank.
-Synchrony Bank is very generous with approvals and with credit limits so you can apply for their cards at any time.
 ==American Express==
 Amex cards earn MR points.
 MR points can be redeemed for cash at 0.6 cents per point.
-Ideally, they should be transferred to airline or hotel partners (e.g. Avios).
-Do not apply for Amex cards as your first card.
+* [[Amex EveryDay]] - 2 MR points at supermarkets
-They will typically reject you.
+* [[Amex Blue Business Plus]] - 2 MR points per dollar
-They're better for late-game since they will give you a card even if you've already opened a lot of cards.
-* [[Amex EveryDay]]
-** 2 MR points at supermarkets
-* [[Amex Blue Business Plus]]
-** 2 MR points per dollar
 ==Bank of America==
-* [[Bank of America Cash Rewards Credit Card]]
+* [[Bank of America Cash Rewards Credit Card]] - 3% in a fixed category of your choice, 2% at grocery stores and wholesale clubs
-** 3% in a fixed category of your choice, 2% at grocery stores and wholesale clubs
 ==Capital One==
-* [[Capital One Quicksilver]]
+* [[Capital One Quicksilver]] - 1.5% Cashback. No foreign transaction fee.
-** 1.5% Cashback
 ==Citi==
+* [[Citi Custom Cash]]
 * [[Citi Double Cash]]
-** 2% Cashback
 ==Chase==
-Chase cards earn UR points.
+Chase cards earn UR points which can be redeemed for statement credit at 1 cent per point.<br>
-UR points can be redeemed for statement credit at 1 UR point = 1 cent.
 With the Sapphire Preferred or Reserve cards, they can be transferred or redeemed for travel for more value.
-* [[Chase Freedom]]
+* [[Chase Freedom]] - 5 UR points at rotating categories
-** 5 UR points at rotating categories
+* [[Chase Freedom Unlimited]] - 1.5 UR points
-* [[Chase Freedom Unlimited]]
+* [[Chase Sapphire Preferred]] - 2 UR points travel and dining worldwide, $95 AF
-** 1.5 UR points
+* [[Chase Sapphire Reserve]] - 3 UR points travel and dining worldwide, $450 AF
-* [[Chase Sapphire Preferred]]
+* [[Chase Amazon Visa]]
-** 2 UR points travel and dining worldwide, $95 AF
-* [[Chase Sapphire Reserve]]
-** 3 UR points travel and dining worldwide, $450 AF
 ;Caveats
-* 5/24 rule. If you've gotten 5 credit cards (from any issuer) within the past 24 months, you will get automatically rejected
+* 5/24 rule. If you've gotten 5 credit cards from any issuer within the past 24 months, your application will be rejected.
 ==Discover==
-* [[Discover it Cash Back]]
+* [[Discover it Cash Back]] - 5% Rotating categories
-** 5% Rotating categories
+* [[Discover it Chrome]] - 2% at Gas and Restaurants
-* [[Discover it Chrome]]
-** 2% at Gas and Restaurants
+==Fidelity==
+* [[Fidelity Rewards Visa]]
 ==Synchrony Bank==
@@ Line 73: / Line 54: @@
 They also give the highest credit limits among banks I've applied to.
-* [[PayPal Cashback Mastercard]]
+* [[PayPal Cashback Mastercard]] - 3% cashback w/ PayPal checkout, 1.5% elsewhere
-** 3% cashback w/ PayPal checkout, 2% elsewhere
+* [[Amazon Store Card]] - 5% cashback at Amazon
-* [[Amazon Store Card]]
+* [[Rakuten Cash Back Visa]] (Discontinued) - 3% cashback on Rakuten cashback purchases
-** 5% cashback at Amazon
+* [[Synchrony Premier Mastercard]]
-* [[Rakuten Mastercard]]
 ==Wells Fargo==
-* [[Wells Fargo Propel]] (no longer available)
+* [[Wells Fargo Autograph]] (formerly [[Wells Fargo Propel]]) - 3% on restaurants, gas, travel. No annual fee.
-** 3x on restaurants, gas, travel. No annual fee.
+* [[Wells Fargo Active Cash]] - 2% visa card. No annual fee.
-* [[Wells Fargo Active Cash]]
-** 2% visa card. No annual fee.
+==Categories==
+{{main | Category:Credit Cards}}
+* [[:Category:Credit Card - 2% Cashback]]
+* [[:Category:Credit Card - 5% Rewards]]
+* [[:Category:Credit Card - No foreign transaction fee]]
+==Benefits==
+===Auto Rental Collision Damage Waiver===
+See https://www.nerdwallet.com/article/credit-cards/credit-card-rental-car-coverage
+;Primary
+* Bilt World Elite Mastercard
+;Secondary
+* Wells Fargo Autograph
+* Wells Fargo Active Cash
+===Cellular Telephone Protection===
+* Wells Fargo Autograph
+* Wells Fargo Active Cash