5 ms·

Not to mention the 2% and 3% cash back are for certain categories and there are limits to how much you can get back in a given year with other cards. For examp

Not to mention the 2% and 3% cash back are for certain categories and there are limits to how much you can get back in a given year with other cards. For example, most cards will allow you to get a 2% cash back up to $6,000 per year. I have yet to find a card that has unlimited 2% cash back on ALL purchases. Apple Card is unlimited 2% back, no category restrictions, as long as you use Apple Pay. That's quite a deal.

huy-nguyen 7y ago
Citi double cash gives a flat 2% back for any purchase.
- xivzgrev 7y ago
  I had double cash until someone skimmed my card and citi didn’t notice. I had to catch it, make a complaint, then sign bullshit forms asking if the following name was mine. It just stumped me how they didn’t catch it - there were purchases being made in different geographies on the same day as I was making purchases elsewhere. I lost total confidence in citi as a trustworthy company after that. Capital one is way more proactive on catching fraud, so I use their 1.5% quicksilver. Several times they have asked me about potentially fraud purchases. Totally worth it for peace of mind. I realize that I’m not liable for fraud credit card purchases but it’s still a stressful hassle to catch fraud yourself, challenge purchases, go through the motions and eventually get them dropped months later. Barclays I use for dining out and travel, have yet to see how they are.
- reaperducer 7y ago
  Maybe you have a different Citi card than I do, but there's a cap on the 2% with mine. Also, there's a bunch of fees that the Apple Card doesn't have. I don't know any big bank card that doesn't have late payment or over limit fees, for example.
- electic 7y ago
  The way the Citi Double Cash Card works is you get 1% for every dollar spent and 1% for every dollar paid. - It is actually 1.98% because when you apply it to a statement credit you are not really paying off the full total. You get a straight 2% back, daily, with Apple Card. - There is also a redemption minimum with Citi, in this case there needs to be at least $25 dollars in cash back before you can claim it. Apple doesn't have that. - Citi card has foreign transaction fees. Apple Card does not. - The rewards "expire" with Citi. Apple's doesn't. - Citi's rewards are given to you after your first statement is paid off and higher than 25 dollars. Apple's is given daily, and you can do what you want with those cash rewards.
  - wycy 7y ago
    > - It is actually 1.98% because when you apply it to a statement credit you are not really paying off the full total. You get a straight 2% back, daily, with Apple Card. You get a straight 1% back, daily, with Apple Card (except for Apple Pay purchases).
  - astura 7y ago
    >when you apply it to a statement credit You can get it deposited to your checking account instead.
ericabiz 7y ago
There are plenty of 2% cash back credit cards (just Google the term and you'll find plenty of places blogging about them.) I have the Alliant 3% cash back card--it's 3% for the entire first year on every purchase.
Larrikin 7y ago
2% back at places that allow NFC payment is a major distinction. All the major credit cards seem to offer some kind of incentive to use Google Pay, Samsung Pay, Apple Pay, NFC, etc. But I expect these incentives to start to dry up when you can actually use it regularly. I've never been able to use NFC payment to buy a meal at a sit down restaurant or bar, grocery stores and Target are just barely getting it everywhere. Its hard to get excited about 2% on my in store 7-11 purchases. Samsung already destroyed the worth of their points last year when there was even a slight tick up in retailers. Theres only one fee free card I know of thats even slightly worth getting that offers true unlimited 2%, the Double Cash, and its usually not recommended because people who actually regularly use and research cards because it doesn't offer a bonus.
- Rebelgecko 7y ago
  FWIW, unless you're on one of their lower end phones you can also use Samsung Pay on a regular credit card reader. Most Samsung phones can emulate the mag stripe of a credit card if you hold them near the swipe area.
  - peteretep 7y ago
    > Most Samsung phones can emulate the mag stripe of a credit card if you hold them near the swipe area Source for this claim?
    - gilbertbw 7y ago
      There is an article about it here: https://www.theverge.com/2015/8/13/9146965/samsung-pay-mobile-payment-credit-card-readers-date https://www.theverge.com/2015/8/13/9146965/samsung-pay-mobil...
    - Multicomp 7y ago
      See the Note 8 and 9. It works like magic
    - Rebelgecko 7y ago
      Like other people mentioned, the tech is called magnetic secure transmission. I don't have a source for "most", but it's been in all of their flagships and some of the midrange phones since the Galaxy S6 so it seemed like a safe assumption. The only 2 places it doesn't work easily for me are Trader Joe's and gas stations. There's a hacky workaround to use MST at gas stations but IMO it's not worth the effort (the pumps expect a card to be physically inserted, so you can just put in a library card or your driver's license before you hold your phone up to the reader)
deleted 7y ago
[deleted]

huy-nguyen 7y ago

Citi double cash gives a flat 2% back for any purchase.

xivzgrev 7y ago
I had double cash until someone skimmed my card and citi didn’t notice. I had to catch it, make a complaint, then sign bullshit forms asking if the following name was mine. It just stumped me how they didn’t catch it - there were purchases being made in different geographies on the same day as I was making purchases elsewhere. I lost total confidence in citi as a trustworthy company after that. Capital one is way more proactive on catching fraud, so I use their 1.5% quicksilver. Several times they have asked me about potentially fraud purchases. Totally worth it for peace of mind. I realize that I’m not liable for fraud credit card purchases but it’s still a stressful hassle to catch fraud yourself, challenge purchases, go through the motions and eventually get them dropped months later. Barclays I use for dining out and travel, have yet to see how they are.
reaperducer 7y ago
Maybe you have a different Citi card than I do, but there's a cap on the 2% with mine. Also, there's a bunch of fees that the Apple Card doesn't have. I don't know any big bank card that doesn't have late payment or over limit fees, for example.
electic 7y ago
The way the Citi Double Cash Card works is you get 1% for every dollar spent and 1% for every dollar paid. - It is actually 1.98% because when you apply it to a statement credit you are not really paying off the full total. You get a straight 2% back, daily, with Apple Card. - There is also a redemption minimum with Citi, in this case there needs to be at least $25 dollars in cash back before you can claim it. Apple doesn't have that. - Citi card has foreign transaction fees. Apple Card does not. - The rewards "expire" with Citi. Apple's doesn't. - Citi's rewards are given to you after your first statement is paid off and higher than 25 dollars. Apple's is given daily, and you can do what you want with those cash rewards.
- wycy 7y ago
  > - It is actually 1.98% because when you apply it to a statement credit you are not really paying off the full total. You get a straight 2% back, daily, with Apple Card. You get a straight 1% back, daily, with Apple Card (except for Apple Pay purchases).
- astura 7y ago
  >when you apply it to a statement credit You can get it deposited to your checking account instead.

ericabiz 7y ago

There are plenty of 2% cash back credit cards (just Google the term and you'll find plenty of places blogging about them.) I have the Alliant 3% cash back card--it's 3% for the entire first year on every purchase.

Larrikin 7y ago

2% back at places that allow NFC payment is a major distinction. All the major credit cards seem to offer some kind of incentive to use Google Pay, Samsung Pay, Apple Pay, NFC, etc. But I expect these incentives to start to dry up when you can actually use it regularly. I've never been able to use NFC payment to buy a meal at a sit down restaurant or bar, grocery stores and Target are just barely getting it everywhere. Its hard to get excited about 2% on my in store 7-11 purchases. Samsung already destroyed the worth of their points last year when there was even a slight tick up in retailers. Theres only one fee free card I know of thats even slightly worth getting that offers true unlimited 2%, the Double Cash, and its usually not recommended because people who actually regularly use and research cards because it doesn't offer a bonus.

Rebelgecko 7y ago
FWIW, unless you're on one of their lower end phones you can also use Samsung Pay on a regular credit card reader. Most Samsung phones can emulate the mag stripe of a credit card if you hold them near the swipe area.
- peteretep 7y ago
  > Most Samsung phones can emulate the mag stripe of a credit card if you hold them near the swipe area Source for this claim?
  - gilbertbw 7y ago
    There is an article about it here: https://www.theverge.com/2015/8/13/9146965/samsung-pay-mobile-payment-credit-card-readers-date https://www.theverge.com/2015/8/13/9146965/samsung-pay-mobil...
  - Multicomp 7y ago
    See the Note 8 and 9. It works like magic
  - Rebelgecko 7y ago
    Like other people mentioned, the tech is called magnetic secure transmission. I don't have a source for "most", but it's been in all of their flagships and some of the midrange phones since the Galaxy S6 so it seemed like a safe assumption. The only 2 places it doesn't work easily for me are Trader Joe's and gas stations. There's a hacky workaround to use MST at gas stations but IMO it's not worth the effort (the pumps expect a card to be physically inserted, so you can just put in a library card or your driver's license before you hold your phone up to the reader)

deleted 7y ago

[deleted]