Comment by lxgr
2 days ago
The floor is 1.5%. I don’t know of any 2% card without any catch (the Apple Card’s being that you have to use Apple Pay, which is still not available at many online merchants).
2 days ago
The floor is 1.5%. I don’t know of any 2% card without any catch (the Apple Card’s being that you have to use Apple Pay, which is still not available at many online merchants).
It really depends on the definition of catch. Citi Double Cash, Fidelity, Wells Fargo and US Bank all do 2%.
Personally, I use a 2.625% cash back card with the "catch" being that I have to have enough stock in their subsidiary brokerage to qualify for the top rewards tier. Since I just buy and hold SP500 ETFs, this is an easy requirement.
Bank of America Unlimited Cash Rewards for the win :) My only regret is not realizing sooner that it existed since I used the Citi Double Cash card for so long.
Fidelity's 2% card has no real catch.
Isn't the Citi Double Cash the canonical 2% card?
3% foreign exchange fee. Also, it’s Citibank.