Jonathan Kamens 86 47Mar 4
I'm looking for a credit card with no annual fee and at least 2% cash back. I may be willing to pay an annual fee if the cash back is higher.
Requirements:
* Independent bank or credit union, not one of the mega-banks.
* Not USAA, they were once good but now they suck.
* Not PenFed, people told me they were once good but it appears to me, from having recently switched to them, that now they suck as well.
Any recommendations?
#personalFinance #creditCards #help
Show threadJonathan Kamens 86 47Mar 4
For those of you who recommended #PenFed to me here… The reason why I say they suck now is they sometimes hold ACH payments (i.e., don't credit them to your available credit) for up to ten days, something that no other credit card company has ever done to me in my 30+ years of using credit cards, and they refuse to raise my (or anyone else's apparently) credit limit above $10k, even though every other bank is happy to give me a $25k limit.
Show threadJonathan Kamens 86 47Mar 4
Put those two things together (long delays crediting payments and low credit limit), and I am regularly hitting my credit limit and having to send them extra payments in the middle of the month just to be able to keep using the card. This is a fucking annoying waste of my time, and I refuse to put up with sources of unnecessary aggravation like this that I can do something about.
Show threadrsalz
@jik MITFCU. Run by Elan now, but terms are still good
Mar 4 at 9:58pmWeb
Show threadJonathan Kamens 86 47Mar 4
@rsalz As far as I can tell none of the MITFCU cards offer 2% cash back on everything, or anything else that would work out to 2% (or more) back on everything given our spending patterns.