How are you doing 3%? Rolling rewards? Doesn't seem like there are a lot of 3% cards out there without an annual fee or a set of conditions to try and fulfill.
2% on all Apple Pay purchases is pretty straightforward.
2% on all Apple Pay purchases is pretty straightforward.
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.
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.
Source for this claim?
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.
- 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.
You get a straight 1% back, daily, with Apple Card (except for Apple Pay purchases).
You can get it deposited to your checking account instead.
I don't know any big bank card that doesn't have late payment or over limit fees, for example.
For online stores and restaurants/bars, I get 4% back with my uber card from barclays, again no fee (in fact both of these cards give you money just for signing up).
For me, restaurants/bars + supermarkets are the majority of my expenses, the other being housing, which I pay with direct transfer, no credit card option.
Most of my cards also offer extended warranty, free insurance on rental cars, free trip insurance, phone insurance, etc.
2% is the least I get when swiping, there's a lot of options for this including the city double with no fee. Apple wants me to exchange that for 1% and they make a big deal out of it. I mean, ok, they give a little more privacy, but again, if you value that, cash is king. I will say, their cool factor is really high, the packaging for this is way nicer than even very premium credit cards I've had.
Uber Visa 4% on dining Costco Visa 4% for gas Amazon Prime Visa 5% on Amazon and Whole Foods purchases [add more to cover your major spending categories] Citi Doublecash for 2% on everything else