Last Reviewed: 8/1/2010
While the Bank of America Accelerated Cash Rewards card currently ranks 5th out of 32 cashback cards, as the table below shows, this card will earn you significantly less than the top-ranked Discover Escape and American Express Blue Cash card.
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Last Reviewed: 7/30/2010
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The Penfed Visa Platinum card might be called a hidden gem. The value proposition of this card is very straightforward: its awesome for gas rewards (5% cashback), very good for supermarket rewards (2% cashback) and plain Jane on all other purchases (1% cashback).
Last Reviewed: 7/23/2010 Read the rest of this entry »
While this card ranks 2nd out of the 32 cash back credit cards that PlasticIQ currently tracks in our ranking engine, if the Blue Cash card is used properly and in a disciplined manner, it can easily be the top dog—-with potential to earn an affective cashback rate of 3% or even more.
Last Reviewed: 7/17/2010
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The Discover Escape credit card (aka Escape by Discover) masquerades as a travel credit card, but is really a cash-back credit card with restrictions on how the cash back can be redeemed. Restrictions aside, this piece of plastic is a heavy hitter, and is PlasticIQ’s top-ranked cash back credit card when examined over a 3-year usage period.
Last Reviewed: 7/26/2010
Important note: Around 3/31/10 Schwab stopped offering this card for new applicants (though current users of the card are grand-fathered in for the time-being). This is a loss of the plastic community:( I’ve let my full original review below for those wanting to see what they’ve missed.
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