The credit card landscape is shifting fast:
- Chase will apply the 5/24 to all its cards starting in April 2016, including co-branded and business cards
- Citi has been shutting peeps down for usage they don’t like (multiples of any 1 card, money order payments, etc.)
- Barclays had a good product with the Arrival Plus card, then butchered it. That was pretty much the only good card they had
- US Bank is useless
- Bank of America is only good for the Alaska Visa
- Wells Fargo is a cantankerous little beast
- There are a few other niche cards, like the Fidelity Visa and BBVA NBA card, worth looking into, but not many
Card offers come and go. Benefits change. Mergers happen and shake things up. Revenue-based elite status throws a wrench into points-earning calculations.
Lately, I’ve been using my Citi cards for most of big purchases. And my trusty Chase Sapphire Preferred for dining.
Non-bonused spend goes on the Fidelity AMEX (I still have the AMEX version). And that’s pretty much it. All the other cards I have are for niche benefits or very specific spending (Chase Hyatt Visa, for example).
Recently, I went ahead and canceled the Chase British Airways Visa.
And downgraded my US Bank Club Carlson Visa Signature to the no annual fee version just to keep the credit line and history intact (here’s my recent offer to increase my credit line in exchange for 250 Club Carlson Gold points).