Quote:
|
Originally Posted by Potato_Picker
I also signed up for the ED credit card. A few years ago, my wife and I worked hard to wipe out our credit card debt. We've not had any since. We still use a credit card, but we pay it off every month. Right now, I use a card that accrues points towards Amazon.com gift certs. A few times a year a new one shows up in the mail. ED is working with a credit card company to offer a card that pays cash back twice a year. Right now, if you have a min. balance of 10K in an ED savings account, 1.4% of your credit card purchase amount will be deposited in your bank account twice a year. Note that the catch to this is that you need 10K average daily balance in your ED savings, and you need to pay off your credit card each month or else your 1.4% cash-back rebate will be wiped out by interest payments on your credit card balance.
|
I've been seriously considering getting ED's credit card. Right now I use Citi's Dividend Platinum Select Mastercard for all my cash back but they are lowering their cash back on gas and groceries in October I've heard from other posters.
Anyways... what kind of a limit did you get with your ED card? How is using the website to access your account? I noticed that it is through Juniper bank so you have to use their site.