Quote:
Originally Posted by HybridVue
Personally the best credit card for those who don't carry a balance, charge more than $6000 annually and do not want to pay an annual fee is the American Express Blue Credit Card.
Once $6000 in total charges have been reached they provide:
5% rebate on gas, grocery stores, drug stores
1.5% rebate on all other purchases
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I have this card too. One thing to point out though, even if you do charge more than $6,000 annually, you do not get the full rebate on the purchases below that amount. You only get the full rebate on the purchases after you surpassed the $6,000 amount. The full rebate is not retroactive to the purchases that brought you up to that amount. I know their terms are misleading, but I know this from both experience and trying out their cash back calculator.
Also, now they have upped the limit to $6,500.