which cashback visa/MC?

Discussion in 'Credit Talk' started by ero2, Aug 9, 2003.

  1. ero2

    ero2 Well-Known Member

    I am trying to figure out which Visa or Mastercard cash back card I want. I have been using my MBNA worldpoints card and found out that the tier is somewhere around .75% cash back if you trade in PTS for cash, so I've decided to get a cashback card, but which one?

    1. convert chase plat to stockback
    2. citi dividend plat select
    3. bank one free cash rewards

    I would have already converted chase plat to stockback but here is my dilemma. I have my Amex gold and MBNA for everyday purchases and my chase plat 0% right now and my optima plat 8.24% to carry balances on. If I convert my chase plat to stockback (which would now be my everyday card) that would mean that I would have to carry balances on my MBNA and everyone seems to think that is horrible idea, so if anyone could recommend a solution for my perdicament it would be a great help to me, thanks!

    Also, if I get the citi or the bank one my MBNA would be sockdrawered since I have been told by most not to revolve balances on it.
  2. RichGuy

    RichGuy Well-Known Member

    Solution: Carry balances on the Optima platinum. Or did I miss something?

    In deference to the "Small is Beautiful" crowd, perhaps I should point out that you don't need to carry any balances at all.
  3. ero2

    ero2 Well-Known Member

    only thing I was thinking, what if the place that I need to carry a balance from doesn't take amex? I guess I could always put it on my MBNA and if they try to jack me BT to my amex optima right?

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