Quote:
Originally Posted by BayMoWe335
Freedom 5% categories rotate quarterly and are capped at $1500.
If you are a big spender, I'd get the freedom Unlimited for everything besides travel/dining (obviously want to use Reserve for those).
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Good point on the cap, didn't realize it. Example of the 5% categories to a straight 2% on everything -
Chase Freedom categories -
https://creditcards.chase.com/freedom/activate
Right now looks like restaurants and wholesale clubes and you need to register each quarter or don't get the 5% on anything.
I think benefit example of Freedom - over the quarter you max out the categories at the $1500 limit (go some amount over because you can't hit it exactly and have to keep track and get 1%) - save $75
Or you go with the standard 2% on everything - same $1500 (then you can go over and still get the savings) - save $30.
Save $45 a quarter or $15 a month
For the above, make sure you can max out the categories, decide if dealing with two Visa cards and remembering which charges to use each for (keeping track of the categories), registering for the categories every quarter, paying two bills (either set up automatic payment or pay it as it is due) is worth saving $15 a month.
Maybe the above it wrong?