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Re: Need Help with Credit Card Info
Old 01-16-2006, 07:44 PM   #21
 
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Re: Need Help with Credit Card Info

TH,

I am sure that there are plenty of cards that don't hassle you with disputes. I just did not want to waste any more time, so I went back to my old card. The frustrations that I went through in the 6 months I had the free card were not worth the $90.

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Re: Need Help with Credit Card Info
Old 01-16-2006, 07:59 PM   #22
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Re: Need Help with Credit Card Info

Oh you can tell the rich gigolo's from the people squeezing pennies...
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Re: Need Help with Credit Card Info
Old 01-17-2006, 07:23 AM   #23
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Re: Need Help with Credit Card Info

Quote:
Originally Posted by Sheryl
SO just mailed in the paperwork for the Capital One card - unless there's a hitch we missed it has no annual fee and you get airline tickets this way:
..............
I will probably shop a little more and get a competing card ......
I am not very happy with Capital One Mileage card. You cannot redeem mileage or cash until you have at least 20,000 points. I was 1,200 short from the 20,000 mark a couple of months ago. When I finally reached it, they had reduced the reward by 50%. In the past, you would get $200 (1% of $20,000), but now you only get $100. I am considering the Citibank cash back card.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 07:38 AM   #24
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Re: Need Help with Credit Card Info

I'm very happy with Citicard 5% cashback card. We get close to $1000 cashback/yr with it (we have a few different cards with the same cashback offer). You can get online access, and just click "request check" when you get $50 accumulated. They mail it to you, and it's money in the bank. Then go buy your airline tickets wherever you want.

Since Superwalmart is 5% cashback, and we shop there a lot, we really benefit from the cashback feature.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 08:59 AM   #25
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Re: Need Help with Credit Card Info

Quote:
Originally Posted by Spanky
I am not very happy with Capital One Mileage card. You cannot redeem mileage or cash until you have at least 20,000 points. I was 1,200 short from the 20,000 mark a couple of months ago. When I finally reached it, they had reduced the reward by 50%. In the past, you would get $200 (1% of $20,000), but now you only get $100.* I am considering the Citibank cash back card.
Grr. Well that's not good news. Oh well - at least we have something giving us some credit back. We had been too lazy/busy to bother changing from the cards we had 10 years ago before all this mileage/rewards stuff became popular.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 09:01 AM   #26
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Re: Need Help with Credit Card Info

Quote:
Originally Posted by justin
I'm very happy with Citicard 5% cashback card.* We get close to $1000 cashback/yr with it (we have a few different cards with the same cashback offer).* You can get online access, and just click "request check" when you get $50 accumulated.* They mail it to you, and it's money in the bank.* Then go buy your airline tickets wherever you want.*
This sounds like a better plan for me. At least if they charge 3% for foreign transactions, I'll get a net 2% back on those charges.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 09:15 AM   #27
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Re: Need Help with Credit Card Info

Sheryl,

sorry to burst your bubble but the 5% cashback card at citi gives 5% back at gas stations, grocery stores (including super walmart) and drug stores. Foreign hotels, restaurants, plane tickets, etc. only get 1% cashback. But a net of 2% fees for foreign transactions isn't too bad, since you'll probably end up paying +2% if you change USD to local currency at the airport or in a bank (in my limited experience, at least).

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Re: Need Help with Credit Card Info
Old 01-17-2006, 09:27 AM   #28
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Re: Need Help with Credit Card Info

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Originally Posted by justin
Sheryl,

sorry to burst your bubble but the 5% cashback card at citi gives 5% back at gas stations, grocery stores (including super walmart) and drug stores.*
Dang. Should have known that sounded too good.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 09:30 AM   #29
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Re: Need Help with Credit Card Info

Quote:
Originally Posted by Sheryl
This sounds like a better plan for me. At least if they charge 3% for foreign transactions, I'll get a net 2% back on those charges.
Not necessarily. It depends on the merchant code. I use citi CC and went to a Gulf gas station once that only sold gas and filled up. When I got the monthly statement, I only got a 1% cashback because their merchant code didn't reflect a gas station merchant. Same thing happened with 2 different fruit and veg merchants that I use weekly. Using citi CC, I get 5% from 1 and only 1% from the other.

Who knows how oversea merchant codes are identified.

MJ
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Re: Need Help with Credit Card Info
Old 01-17-2006, 09:44 AM   #30
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Re: Need Help with Credit Card Info

I didn't know my Citi 5% back included SuperWalmart. This changes everything!
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Re: Need Help with Credit Card Info
Old 01-17-2006, 11:36 AM   #31
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Re: Need Help with Credit Card Info

Quote:
Originally Posted by yelnad
I didn't know my Citi 5% back included SuperWalmart. This changes everything!
Yep. Spend $100 on your weekly grocery run, there's $5 cash back. Almost pays for sales tax here!
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Re: Need Help with Credit Card Info
Old 01-17-2006, 12:10 PM   #32
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Re: Need Help with Credit Card Info

Don't forget that the cash-back limit on Citi Platinum Dividend is $300 per year. So if you use it only for groceries/gas etc that's $6000 max charges per year.

That's why folks have several of these or use the Chase 5% cash-back card.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 12:25 PM   #33
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Re: Need Help with Credit Card Info

Citi also has a 5%/1% rewards card (with the 5% on gas, groceries and drug stores). You can get up to $750/yr in gift cards to many different places - nice chain restaurants, home depot, target, kmart, etc. Almost as good as cash if you shop there... We just use the $300 limit cash back card and switch a couple times a year. Keeps the wife on her toes...
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Re: Need Help with Credit Card Info
Old 01-17-2006, 12:57 PM   #34
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Re: Need Help with Credit Card Info

Good news on the superwalmart...the old walmart only paid 1% on my citi card. I thought since their 'primary' wasnt groceries but general merchandise and groceries, that it wouldnt count.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 04:17 PM   #35
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Re: Need Help with Credit Card Info

My personal experience and a bunch of the deal message boards says super walmart - 5%. One of our local walmarts got supersized into a Super Walmart in the last year or so - it took a while after they converted before they switched to 5% cash back from 1% cashback.
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Re: Need Help with Credit Card Info
Old 01-17-2006, 05:40 PM   #36
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Re: Need Help with Credit Card Info

I have two of the Citi cards. I'll have to monitor them.
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Re: Need Help with Credit Card Info
Old 01-18-2006, 07:09 PM   #37
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Re: Need Help with Credit Card Info

Quote:
Originally Posted by Spanky
I am not very happy with Capital One Mileage card. You cannot redeem mileage or cash until you have at least 20,000 points. I was 1,200 short from the 20,000 mark a couple of months ago. When I finally reached it, they had reduced the reward by 50%. In the past, you would get $200 (1% of $20,000), but now you only get $100.* I am considering the Citibank cash back card.
I got stung with this one too. I got the card because it seemed to offer >1% on EVERYTHING you purchased as long as you used the points for airfare, and AT LEAST 1% on EVERYTHING if you converted your points into cash (which is better than many of the other cards I saw). Low and behold they changed the formula and now it seems more like 0.5% for cash back, although you accrue points more quickly, and I have no idea what my conversion rate is for plane tickets. Not surprisingly, I recently ordered a Citi Dividend Rewards Card (or whatever they call it).
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Re: Need Help with Credit Card Info
Old 01-19-2006, 07:26 PM   #38
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Re: Need Help with Credit Card Info

Quote:
Originally Posted by LOL!
Don't forget that the cash-back limit on Citi Platinum Dividend is $300 per year. So if you use it only for groceries/gas etc that's $6000 max charges per year.

That's why folks have several of these or use the Chase 5% cash-back card.
So why not just use the Chase 5% card only? I'm getting ready to get one of these 5% cards and can't decide which one. Both the Chase and the Citi cards seem to be about the same. I didn't know that the Chase card doesn't have the $300 limit. It's just so hard to compare these things on the website!

WRT foreign exchange fees, my credit union doesn't charge me any extra fees, so this is the card that I use for all foreign travel. The only charge is the 1% fee that Visa charges. Some credit cards include this fee as part of their charge (ie, "we charge 3% which includes the 1%") and others actually tack on their fee on top of the Mastercard/Visa fee!

The most disturbing trend I came across happened to be me last year. I visited a gift shop in Ireland and the checker lady asked me where I was from. I then noticed that she charged me in US dollars for the transaction (with, you guessed it, a crappy exchange rate). This happened to me again in Canada and to add insult to injury, I was charged the foreign transaction fee for this!
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Re: Need Help with Credit Card Info
Old 02-25-2006, 12:57 PM   #39
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Re: Need Help with Credit Card Info

Has anyone signed up for the "Citi Dividend Merchant Network" with the Citi Dividend Rewards card? It looks like they give you extra cash back (up to an additional 5%) that is not subject to the $300 per year cap when using the card at "in-network" retailers.

It sounds too good to be true, so I figure I must be missing something.
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Re: Need Help with Credit Card Info
Old 02-25-2006, 01:13 PM   #40
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Re: Need Help with Credit Card Info

It works, but the number of vendors who give you the higher percentages is small.
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