Score: 800+
5/24 until late July
Salary: 100K+
I currently have for a catch all card the following which are all at 1.5%…
Capital One QuickSilver(visa)
Chase Freedom Unlimited
Citi Strata Elite
Sure, the CSE could effectively be more but I'm looking to see what I might be able to do to improve on it.
For points I'm in the Amex, Citi, and Chase ecosystems. I'm mostly interested in flying United but not against American or Delta. For hotels I'm indifferent.
I have all of the traditional categories already covered with existing cards that are almost all 4+ % points or cash back(cell phone bill is on 1% because of cell phone insurance). Basically the catch all card would cover the following…
- Car and renters insurance of $225/mth
- Cell phone bill of $200/mth but only if it offers cell phone insurance
- Rent of $1250/mth but only if it makes sense
- Medical bills of $4000-$8000 a year(Visa and Mastercard only)
- Odds and ends spending which should be pretty little for awhile
I hear a lot about Bilt's Palladium but even after reading through posts here I'm struggling to wrap my head around it other than it being obvious that it's designed to throw as much as possible on it. I'm not interested in moving spend from my already established cards in the traditional categories so what's listed above is it.
I've read some recommend just doing a 2% card. There's also the standard reply some will make of getting the Robinhood Gold card for the 3%. That would be ok but I've been on the wait list for over a year.
The Palladium intrigues me but the complexity of it is just nuts. If I could get off of the waitlist, I'd just get the RH Gold and be done with it. The Citi Double Cash is more or less the fallback unless someone has a better idea.
With all of that said what would you recommend?
Catch all card? Does the Palladium work or do I settle for a Cit Double Cash or something else?
byu/tech-slacker inCreditCards
Posted by tech-slacker
2 Comments
been trying to figure out palladium too and it’s just way too complicated for what you’re describing – your spending pattern is pretty straightforward so the complexity won’t pay off
You can use it without stressing about points on rent and still get a lot of value IMO.
Another option is the Venture X, it’s much more straightforward. But Bilt just has a superior set of transfer partners in their ecosystem.
Granted you’re not spending a ton so that annual fee would really have to make sense on its own. Double Cash might be the right path.