I just wanted to mention the 0% offers with 0 fees I’ve been getting for balance transfers and also to carry purchases are coming from existing cards, which has been very unusual. There is no application, no credit check, etc.
I’m using some of them and others I sign up for in case I need to use them.
Offers I’ve received the last few months are Amex’s Plan-It 0% for 24 months. This one is structured so you pay it off in 24 months. Amex just offered a 0% on new purchases also for 12 months. I’m not sure if I’ll use it but I signed up just in case.
SF Fire CU has occasionally offered higher cashback on their card but no 0% transfers. Because they’ve been redoing their system, they’ve had a straight 3% cash back on the credit card since March 19th. It was supposed to end in May, but they’ve been delayed so now it’s been almost three months at 3%. I used it for a while to make most purchases, including paying rent 3 months in advance.
SF Fire has also just offered, for the first time ever, a 0% balance transfer for 12 months,available for a limited time until June 14th. I took advantage of this because I was carrying a balance transfer at 0% on another card which was ending sooner.
SF Fire is a card I have rarely used but every year or two there are offers of short periods of higher cashback and, now, 0% on balance transfers with no fee. Otherwise, it’s a basic no-fee card with 1% cash back.
I don’t encourage going into debt, which is what most 0% offers are designed to do, but if you need it or can take advantage, it’s worth it. Amex Plan-It which I got with no fee and 0% is structured with a minimum payment so you pay it off completely in 24 months, but standard balance transfers are not. The normal Amex Plan-It has a fee which is not much different from standard APR.
Of course, any higher percent cashback offers should be taken advantage of.
pattyb53, your love of and your devotion to your Citi DoubleCash card is touching. However:
I have all but discontinued use of my own DoubleCash card. It’s because of the way Citi pays rewards: 1% when you use the card and then 1% when you pay them. This adds up to a 2% reward once you finally collect both tranches of money.
If you’re a PSECU member or a PenFed member, have a look at their 2% reward card offerings. PenFed, for example, gives me my reward money the moment my charge is accepted. This can happen close to two months earlier than at Citi. And PSECU coughs up on the first of every month . . . the full 2% no questions asked and no delays. There are other 2% cards out there as well worth a look. But Citi? Not so much.
It’s really excellent…and with this card you get full value for the thank you points it earns to 10,000 points gets you $100.00 direct deposit to bank account or statement credit…
I’m waiting from them to enable product change for this card so i can change my double cash over to it…
I spend about $400 or so on groceries each month so would end up with $250.00 a year just from that…
Well it wouldn’t be $250. It would be $250 - $100(what you would have earned on your 2% card) = $150 a year. If you used Discover or Chase Freedom when grocery came up for the 5% quarter, it’s worth even less. What are you going to do for all of your other spending since the custom card only earns 1% for everything else? Might make more sense to keep the Double Cash card for all other spending and just do a new app for the Custom Card.
$5000 annual grocery spending = $250.00 Cash… for other stuff i could always use one of my 2% cash cards (such as my SoFi Credit Card)…although i may not even bother because my other spending is only around $100.00 a month normally and for that amount there isn’t much difference between getting 1% or 2% ($6.00 actually…LOL)
I also have a Max Cash Rewards Card that gets me 5% on my cable and phone bill every month and that adds up to more then $2000 spent so adds at least $100 extra cashback from that…
But you are right it is an extra $150 cashback per year compared to the 2% cards…still a nice boost!
Actually…i did try for it as a separate card but i have too many inquiries on my Experian (which they pulled) and was turned down…
I don’t do citi anymore, but they do also have transfer partners with two of their fee cards, and I think you can transfer these points (similar to freedom for 7.5% cashback or to travel partners)
I do realize there are many, many cards out there. I’m staying put now with Citi DC, no fee, high limit & no headaches.
I charge all farming equipment, chemicals, insurance, estimated taxes, PG&E bills, + the usual everyday bills. Why last month my Citi DC card was $16K, so figure out my cash payout?
the 5%/500 Citi Cash monthly at grocery stores goes well with my 2 Dividend cards that have gas this Q. 500 VGC or vanilla cards at gas stations here have done the trick for Discover,Chase and Citi cards for the past few years. I was able to start my MS Biz a few weeks as Covid has receded here. Wil get my wife the Citi card cash also. I still have the Discover Miles card too for 3% plus all my Amex OBC cards. F/T job juggling these but Im retired (thank God) And some banks allow mobile deposits of MOrders. Opened the Monifi acct 2 weeks ago and my 2nd DD of 1002.00 just posted. They also gave me 25.00 for a “savings goal” but do not know what that is. Awaiting my 250 bonus. I did lose a bonus from Citizen for DD from bank not coding as DD. My mistake. Checked too late to send in a WF deposit. Win some/lose some.
PSECU has a deal going on their Founder’s Card. You have until end of August to get this done. The reward is 2% (but see terms) and the signup bonus is $150. Anyone may join PSECU. Ken says:
Membership in Pennsylvania State Employees Credit Union is open to all U.S. citizens and resident aliens through membership in the Pennsylvania Recreation & Parks Society ($20 membership fee). Membership is also open to Pennsylvania state or local government employees, municipality or school district employees, students, faculty, staff and alumni of universities in the Pennsylvania State System, and over 1,000 Select Employer Groups.
I have this card and I like it a lot. There is no BS. PSECU pays you your rewards straightaway, in full, every time your statement closes. It’s not one of those 1% now and 1% later after you pay off your balance situations.
If you’re a “show me the money” sort of person, this card will work for you.
Note:
This PSECU Founder’s card is good. But it is not as good as my PenFed Power Cash Rewards card. That card pays me my 2% rewards from the moment my charges settle into the account.
Truth is, I use both cards and appreciate them both. Waiting for rewards is not something I enjoy.
Derek, you’re great with the updates … and not to look a gift horse in the mouth, but [kick my teeth here], would you mind posting your changes? I got a notice that you made an edit, which is appreciated by everyone. Sadly, I can’t &^*%# figure out how to find the edit that you made. If anyone wants to point out by idiocy, please do so.
Thank you for not pointing out my obvious idiocy. Now, if you could point out how I can remember that, I would be eternally grateful. Otherwise, my gratitude is only temporary.
Now, if you could point out how I can remember that, I would be eternally grateful. Otherwise, my gratitude is only temporary. 
