credit cards
It really depends on your spending and your "needs". We use the Chase family of cards as follows:
1. around 100K business expenses go on Chase Freedom which gives us rotating 5% categories. So Walmart and Paypal right now.
2. We also have a Freedom Flex (same as freedom except we got 5% back on groceries for first year. Now we get one other bonus that I can't quite remember)
3. So we basically try to fill the 5% bucket with both cards, THEN all points get transferred to our Chase Sapphire Reserve ($550 per year fee). We get $300 travel credit reducing the "real" cost to $250. PLUS points are worth 1.5 cents when used for travel thru their portal (it's the ONLY portal we use) and for "pay yourself back" for dining and home improvement stores.
When covid hit, no one was traveling so they did the 50% bonus for groceries, dining out and home improvement. I had 700K points worth 11,000 dollars. We went a full 9 months with free groceries, 1 year free dining out 1-2x per week. (by free I mean using up our points). Whats' cool is you have 90 days to use them against dining charges, so even though I'm out of points, I accumulate then pay myself back at 50% bonus for those past dining charges (sometimes it results in a credit balance on my card, that's all)
We did use Gold Amex to use with Delta, but Delta has become a D- grade wise in my book so we let that go.
It really depends on your spending and your "needs". We use the Chase family of cards as follows:
1. around 100K business expenses go on Chase Freedom which gives us rotating 5% categories. So Walmart and Paypal right now.
2. We also have a Freedom Flex (same as freedom except we got 5% back on groceries for first year. Now we get one other bonus that I can't quite remember)
3. So we basically try to fill the 5% bucket with both cards, THEN all points get transferred to our Chase Sapphire Reserve ($550 per year fee). We get $300 travel credit reducing the "real" cost to $250. PLUS points are worth 1.5 cents when used for travel thru their portal (it's the ONLY portal we use) and for "pay yourself back" for dining and home improvement stores.
When covid hit, no one was traveling so they did the 50% bonus for groceries, dining out and home improvement. I had 700K points worth 11,000 dollars. We went a full 9 months with free groceries, 1 year free dining out 1-2x per week. (by free I mean using up our points). Whats' cool is you have 90 days to use them against dining charges, so even though I'm out of points, I accumulate then pay myself back at 50% bonus for those past dining charges (sometimes it results in a credit balance on my card, that's all)
We did use Gold Amex to use with Delta, but Delta has become a D- grade wise in my book so we let that go.