The Two Best Credit Cards For My Spend Right Now

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  1. BoardingArea

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    I'm constantly evaluating which credit cards I'm using most for my everyday spend. There are several variables which go into this decision: -- Which general categories I'm spending the most money in -- Lots of cards offer lucrative category bonuses, so as my spending patterns shift, so should the cards I use most. For example, living in hotels full time I get tons of value out of the Citi ThankYou® Premier Card offering triple points on all travel purchases. -- Which points I'm most in need of -- While I have different valuations of points, at times I have more points in one currency than I know what to do with, while I can't get enough of another currency; it all depends on what my travel patterns look like. For example, right now I have tons of Chase Ultimate Rewards points, while I'm short on American Express Membership Rewards points, which is why the Amex EveryDay® Preferred Credit Card is getting a lot of my spend. -- How the value of different points changes over time -- The value of specific points currencies, and even flexible points currencies, can change drastically over time based on award chart devaluations, changes in partnerships, etc. For example, Citi ThankYou points became much more valuable when they began allowing mileage transfers. -- Card benefits changing over time -- In many cases these can be subtle, but over time changes in benefits on cards can shift value propositions. For example, the Citi ThankYou® Premier Card being refreshed earlier in the year and offering triple points on gas and travel really changed the value of the card for many. The post The Two Best Credit Cards For My Spend Right Now appeared first on One Mile at a Time.

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