Friday, September 5, 2014

Recent updates in credit card land

Well, given the drought of quality posts across many sites, it is quite obvious that the credit card space has been still and quite for some time now. No new big offers came by. This site was among the first to know and tweet about the the Citi 2% cash back card - a new card that was launched with some good design and has an advantage for those folks who just want to get 2% cash back no matter where they shop. This card is pretty good if you are the big fish who just looks at big sign up bonuses and do not want to second guess which card to use or make decisions at run time about whether there is a better alternative than to buy directly with a credit card at hand.

To be sure, there is nothing innovative about this new card as Fidelity has been already doing it with two flavors - Amex and Visa. There are other cards such as Capital One and Barclays which also give you 2% on all purchases. In the days of 5%, somehow the lower category feels inadequate. With 5% category cards and some targeted strategic spending - the kind that is outlined in this site, it is quite possible to jump ahead of the rest. After all, there is limit to number of new cards with big sign on bonuses and the number of times that you are going to get approved with a credit card. Also, you may want to save your credit profile for a bigger card down the line.

On and off, some offers came but none worth posting or meriting your attention.

Keep churning!

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