Re: reward credit card vs regular credit card
If you pay balances off every month, Discover card is excellent too. I get 1% cash back, or I can redeem my money for bigger savings - at partner stores such as Borders, Blockbuster, etc. No annual fee.
American Express Blue is another rewards card, with no annual fee. It pays up to 5%, but that's really only if you have a balance. More typically the average is between 1-1.5%. But still...more than you are getting now. If you just charge $500/month, a 1% rebate gets you $60 over the course of the year - on stuff you're buying anyhow.
I also set my bills up with my credit card to earn more back. My cable, phone, and security system charges add to my reward.
I'm glad you've encouraged me to find better cards for myself too!
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