credit card with NO MAX on cash rebate...no annual fee

[Ducky]

is there currently any credit cards with:

no annual fee
no maximum on cash rebate (for cash rebate cards)

if so, which one?

thanks...

[angel_wing0]

mbna premier rewards.

[myapple]

http://www3.telus.net/CalgaryBen/

Enter a really high number and see what comes up...

[angel_wing0]

http://www3.telus.net/CalgaryBen/

Enter a really high number and see what comes up...

well he wants no annual fee. If he doesnt mind the annual fee, then the capital one 2% cashback would be the best. And yes the amex 2% is THE best, too bad its not available anymore :D

[Ducky]

yeah, i already have this amex 2% card....my topic is for my friend...=)

well he wants no annual fee. If he doesnt mind the annual fee, then the capital one 2% cashback would be the best. And yes the amex 2% is THE best, too bad its not available anymore :D

[angel_wing0]

yeah, i already have this amex 2% card....my topic is for my friend...=)

mbna premier rewards.

well i already gave u the answer :D

[Ducky]

yep, i know...thanks for your answer...

[Drew_W]

This whole "no annual fee" business is stupid. Who cares if you have to pay $50 for a card that gives you a better reward level than a card with no fee at your annual spending level. Do some basic math, this isn't rocket science.

[br0pbr0p]

This whole "no annual fee" business is stupid. Who cares if you have to pay $50 for a card that gives you a better reward level than a card with no fee at your annual spending level. Do some basic math, this isn't rocket science.

Well, it does depend on the individual. Some people won't spend enough to make the trade-off worthwhile.

[angel_wing0]

This whole "no annual fee" business is stupid. Who cares if you have to pay $50 for a card that gives you a better reward level than a card with no fee at your annual spending level. Do some basic math, this isn't rocket science.

well its really ymmv.

Well, it does depend on the individual. Some people won't spend enough to make the trade-off worthwhile.

exactly...i doubt op's friend spends too much on his/her cc else the no annual fee part wont even come up.

[joe1487]

Well, it does depend on the individual. Some people won't spend enough to make the trade-off worthwhile.

Yes, but that is why one should look at the highest net value from CalgaryBen's calculator - including both fee-based and non-fee-based cards - rather than establishing a priori caveats like "I don't want an annual feel".

[adamtheman]

MBNA Premier Rewards MasterCard

1% cashback, non-tiered, no cap limit, $0 annual fee

However, if your friend is definitely not going to spend more than $25,000 a year, then I would advise the Citibank Enrich Platinum Mastercard. It also has 1% cashback, non-tiered, $0 annual fee, but it is capped at $25,000. The advantage is, you get the benefits of a platinum card.

[boyoflondon]

MBNA Premier Rewards MasterCard

1% cashback, non-tiered, no cap limit, $0 annual fee

However, if your friend is definitely not going to spend more than $25,000 a year, then I would advise the Citibank Enrich Platinum Mastercard. It also has 1% cashback, non-tiered, $0 annual fee, but it is capped at $25,000. The advantage is, you get the benefits of a platinum card.

:confused:

FYI, Premier Rewards IS a platinum card as well ......

[Drew_W]

MBNA Premier Rewards MasterCard

1% cashback, non-tiered, no cap limit, $0 annual fee

However, if your friend is definitely not going to spend more than $25,000 a year, then I would advise the Citibank Enrich Platinum Mastercard. It also has 1% cashback, non-tiered, $0 annual fee, but it is capped at $25,000. The advantage is, you get the benefits of a platinum card.

The Ultramar gives 1.25% if you spend above $9000 annually, but it caps at $20k. No problem. Spend 20k on that card, then switch to another. Not hard.

[angel_wing0]

:confused:

FYI, Premier Rewards IS a platinum card as well ......

there is a plain premier rewards, and then there is also premier rewards plat plus.

[tng11]

there is a plain premier rewards, and then there is also premier rewards plat plus.

Any differences between the 2? Want to switch my plain "Preferred" MBNA to a Premier Rewards but want to make sure before I call as I assume Plat. has some min. credit limit of $5K which I don't have

[angel_wing0]

Any differences between the 2? Want to switch my plain "Preferred" MBNA to a Premier Rewards but want to make sure before I call as I assume Plat. has some min. credit limit of $5K which I don't have

well plat premier rewards have plat benefits like car rental insurance...and it doesnt have to be more than $5000 credit limit.

[Infrared]

MBNA Premier Rewards MasterCard

1% cashback, non-tiered, no cap limit, $0 annual fee

However, if your friend is definitely not going to spend more than $25,000 a year, then I would advise the Citibank Enrich Platinum Mastercard. It also has 1% cashback, non-tiered, $0 annual fee, but it is capped at $25,000. The advantage is, you get the benefits of a platinum card.

i heard that citibank is in trouble and asking for government help in US.
any comments?

[watching]

i heard that citibank is in trouble and asking for government help in US.
any comments?

They've been given the money. Twice.

Meanwhile, Citigroup (C, Fortune 500), which just a month ago received $25 billion, had no trouble securing another $20 billion Sunday night.

http://money.cnn.com/2008/11/24/markets/thebuzz/index.htm?cnn=yes