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Updated about 1 year ago on . Most recent reply

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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
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12,090
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Best Credit Cards and Why?

Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Posted

So question - If you were getting a new credit card(s), which one(s) and why? Not interested in miles so much. Some points would be ok if they were significant enough. 

Just to use and pay off monthly.  

A friend of mine said that Costco has a good one that he gets about $2000 a year back from?

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I suspect this isn't what you're looking for and I promise I'm not a shill, but my coworker turned me onto travelfreely.com.  It's a website that keeps track of which cards you should be adding and subtracting to maximize the bonus points while still keeping your credit score high.

My wife and I have been doing it for about 6 months and probably have gotten about $5K of free travel already.  I suspect we'll get $8-10k of travel a year while putting around $4-5k a month or so on our cards that we pay off each month.  It's honestly kinda nuts how quickly the bonuses accrue and how organized the site keeps you.  I've also added a spreadsheet for me to help me with a little extra organization.

Anyway, I highly recommend it as it's easily a net positive and takes almost no time.  The website even emails you reminders when it's time to add or cut a card.

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