I think this is the above the wing blog you were talking about? His discussion says he Starwood is about 1.25% cash value so a cash rewards for 1.5 - 2 is a better value. But of course not forced to spend on travel so maybe feels less valuable (I mean haw unsatisfying is a statement credit- you never see any tangible reward!). But talking hard numbers depends on your situation and flexibility with credit score. http://boardingarea.com/viewfromthewing/2012/10/15/the-best-rewards-credit-card-for-the-99-and-for-the-1/ |
| Even if you don't get a travel credit card, as long as you have the money to pay off the balance every month, why not earn points, miles or cash back? With a Citi Thank You points earning card or a regular Amex, you can redeem for gift cards, cash, or travel. All for charging your regular expenses. It doesn't make sense to use cash or a debit card. I regularly redeem my credit card points for Neiman Marcus gift cards, Homegoods gift cards, Pottery Barn, etc. |
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i use 2 cards:
1. Amex Starwood. Most people would value this at over 2% back, especially if you use the points at certain properties at certain times of the year. To me it is about equal to a card with 2% cash back. 2. United Mileage Plus Club Card. I get 1.5 miles per dollar. So this is about 3% cash back or even more if you use the miles more selectively. This one has a $395 annual fee but I feel this is offset by the extra free bag and lounge access. |