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There are many zero fee 2% cash back cards available in the USA. Why pay fees?
by mercutio2 8y ago
There are many zero fee 2% cash back cards available in the USA. Why pay fees?
- ThrustVectoring 8y agoFor that matter, there's higher flat cashback percentages available if you are paying an annual fee and funneling the majority of your spend through that card. Specifically, the Alliant Cashback Visa Signature is at 2.5% with a $59 annual fee.
- gst 8y agoThe Alliant credit card is a great investment if you need to pay estimated taxes: The cheapest IRS payment processor charges 1.87% to pay taxes via credit card, which is much less than the cashback that you receive from Alliant.
- zero_intp 8y agoamex platinum offers rewards that easily pay back the cost if you travel. 2 cards, $450 ($300 + $150) $15 uber/month/card $200 in airline fees Automatic hotel and car rental upgrades more...
- empath75 8y agoYou can get a lot more money back with the cards with fees. The fees just encourage you to use them more often.
- frockington 8y agoBy paying $500 for a card last year, I was able to net at least 1.5k in additional savings. As long as you remember your point systems and use appropriately its a great system. To get the benefits most require travel or some other expenditure
- mercutio2 8y agoThe point is that if you’re only getting 2%, there’s no need to pay fees. If you’ve got a card that pays more than 2%, sure, it can make sense to pay fees.
- jamie_ca 8y agoshrug Canada. Outside of promos, 2% flat seems to be the best of the bunch. https://www.greedyrates.ca/blog/best-cash-back-credit-card-canada/ https://www.greedyrates.ca/blog/best-cash-back-credit-card-c...