I’m regularly conflicted between wanting to maximize my rewards vs logging into about nine different banking apps currently. I had the Redstone CC as a pretty solid catch-all but it was seriously downgraded this year, cutting gas and dining by 3% (down to 2%) and cutting grocery by 1%. They’ve moved to the 5% quarterly rotation like Chase FU, Discover, etc, which I don’t mind but I’d prefer something consistent.
I recently switched to Verizon phones and their rewards Visa (4% dining, gas, grocery) seems really great and simple, even if it can really only be applied to my bill (offsetting my bill of $200 a month to Verizon for my family should still be more than worth it).
I was going to round that out with Wells Fargo Active Cash for a flat 2% on everything else, and the BofA Custom Cashback for 3% on online shopping (which in my experience applies to almost everything bought or booked online, in my experience most “entertainment” applies here). I have special cards for more expensive travel but they don’t happen often enough to factor them in to all of this.
So what do we think of:
Verizon (4% Dining, Gas, Groceries)
BofA Custom (3% online purchases)
WF Active Cash (2% everything else)
Any substitutions you’d recommend? I feel like this is a pretty easy consistent setup.
Want advice on this card trio
byu/ColdWaterSteam inCreditCards
Posted by ColdWaterSteam
2 Comments
That Verizon card is actually brilliant for someone with a big monthly bill like yours – essentially getting paid to cover your phone costs. The trio you picked covers most spending patterns pretty well
Only thing I’d consider is whether the BofA Custom’s 3% online is worth the extra login vs just using the Wells Fargo for everything that’s not covered by Verizon. Depends how much you shop online but if it’s substantial then yeah, makes sense
The simplicity factor is huge though. I went from like 8 cards down to 3 main ones and my stress levels dropped dramatically. Sometimes the marginal extra rewards aren’t worth the mental overhead of tracking everything
It’s a very good setup as long as you don’t mind staying with Verizon. Personally, I switched to a prepaid carrier because of the huge cost savings.