I forgot to mention, today I got a notice from Citibank that on 10/13/06 it will reduce their rebate from 5% to 2% on their best cash reward card for gas, supermarket or drug store purchases. I then check my other 5% card from Chase and they are not issuing any new ones but will continue the 5% rebates on existing accounts. I checked bankrate.com and it seems all the creditcard companies are reducing their % and/or raising the spending limit before they rebate. The good times are over.

Andy