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[quote=Anonymous]Here is my suggestion. I’m assuming cash back to make it simple. If you value the other benefits offered by cards, you need to factor those in.

At the moment, you are probably only making $400 per year on the sapphire card. That assumes $11,000 at 3% for travel and $107,000 points at 1% minus $1000 annual fee.

If you do not do any overseas travel, just get the Wells Fargo active cash card for its 2% cash back and no fee. You will make $2,360.

If you do international travel, you will need a second Visa card (Visa is more accepted than Amex) that does not charge extra for overseas transactions. You could use the Wells Fargo active cash card for all costs that are not overseas, restaurants or travel. You could get the Wells Fargo autograph card (3%, no fee) for overseas, travel and restaurants. If you assume $105,000 at 2% and $13,000 at 3%, you make $2,490.

If you are up for a bit more work to earn a sign up bonus, your second card could be the Wells Fargo autograph journey card which charges an annual fee of $95 but comes with 5% on hotels, 4% on airlines, 3% restaurants, a $50 annual hotel credit , and a signup bonus of 60,000 points which can be cashed out for  $600. You could downgrade at the end of the first year to the no fee card. If you do that, your first year savings could be about $3,165 (est $2,565 + $600 cash back).

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