For me it seems I am better just to use a couple of cards for the cash back. The Charles Schwab visa 2% on all purchases deposited into my brokerage account and the Pen Fed Visa 5% back at the pump on gas credited to the card each month.
I also us the two-card strategy. Mainly I use DC, but when a place will not accept it, my USAA MC is my fall back. I always use the cash back $ to reduce my next statement. They often have come-ons to get you to use it in a number of other ways but my LBYM sensor indicates to KISS.
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.