Online Credit Card Companies

R Q

Well-Known Member
Joined
Apr 4, 2005
Location
Charlotte
I have a balance on my personal credit card which is through my regular bank. I like doing a lot of my banking in person, I'm old school like that even though the banks arent anymore. But I'd like to save on fees and could transfer this balance to a new card with great rates and no interest on the transferred balance.
What is your favorite online credit card company or bank?
 

kaiser715

Doing hard time
Joined
Jun 1, 2006
Location
Pocket, NC
Go for the cash-back. Most of my stuff goes on Citi - 2% cash back. Amazon card (chase) gets me 5% on all amazon purchases. My regular Chase card is 1%, but has different categories each quarter that pay 5% back (i.e. groceries, gas, restaurants, etc).

Never had a problem with any of them.
 

jeepinmatt

..l.
Joined
Mar 24, 2005
Location
On the internet
I switched to Alliant credit union a few months back. 2.5% cash back on everything. And their savings account is currently paying 1.4% APR. It was 1% APR when I opened the account back in the spring, so they are quick to raise it. I've been completely happy with it.

But more importantly, if you have a balance, find a way pay it off. There is no reason to pay the ridiculous interest rates.
 

DSM Turbos

Well-Known Member
Joined
Feb 25, 2006
Location
Raleigh, NC
I switched to Alliant credit union a few months back. 2.5% cash back on everything. And their savings account is currently paying 1.4% APR. It was 1% APR when I opened the account back in the spring, so they are quick to raise it. I've been completely happy with it.

But more importantly, if you have a balance, find a way pay it off. There is no reason to pay the ridiculous interest rates.

Dang I was about to switch for the 2.5 but it’s only on the first 10k. I use my citi double cash cause it’s so easy and we don’t use enough on various special stuff categories
 

UTfball68

Well-Known Member
Joined
Jul 18, 2008
Location
Granite Quarry
I shop my cards around every two years or so…there’s always some new hotness. I generally have one with cash back on gas, one with great cash back/rewards on travel and one with cash back on groceries. I used to have one more with a solid cash back incentive on ‘everything’…but I’ve found the cards I’ve used are generally 1.5-2% back on ‘everything’ anyway. Coincidentally, all my cards are with Citi right now…but it is time to start looking again.
 

Loganwayne

#BTL
Joined
Feb 15, 2013
Location
Clyde, North Carolina
But more importantly, if you have a balance, find a way pay it off. There is no reason to pay the ridiculous interest rates.
This I had a card that I had used my last year of college to pay for school. Yes I know but I didn't have time for conventional measure as I found out 24 hrs before I had to make payment that there was a gap.

I used one of the many online debit consolidation. It's rates beat both the local banks I use and had the lowest fee to start
 

LBarr2002

Well-Known Member
Joined
Nov 16, 2009
Location
SC
Go for the cash-back. Most of my stuff goes on Citi - 2% cash back. Amazon card (chase) gets me 5% on all amazon purchases. My regular Chase card is 1%, but has different categories each quarter that pay 5% back (i.e. groceries, gas, restaurants, etc).

Never had a problem with any of them.
5% on Amazon? My chase card is only 2 or 3%...
 

kaiser715

Doing hard time
Joined
Jun 1, 2006
Location
Pocket, NC
I just googled chase amazon card....page on chase site has a "learn more" link, that sends you to amazon. Amazon's page says info is coming soon on a new store branded card.

But yes, 5% on all Amazon
 

RatLabGuy

You look like a monkey and smell like one too
Joined
May 18, 2005
Location
Churchville, MD
That's $10k per month. One day I hope to be a high roller like you, but even then I probably won't spend $10k per month on a regular basis.
Annual fee?
Sounds like it would pay for itself, but I recently got bit by Citi on mine bc I forgot about that detail
 

jeepinmatt

..l.
Joined
Mar 24, 2005
Location
On the internet
Annual fee?
Sounds like it would pay for itself, but I recently got bit by Citi on mine bc I forgot about that detail
It's either none, or $100, I can't remember. There's some other stipulations too, like you have to be a member (they will automatically donate to some charity and your behalf which then makes you a member, all done automaticallyat signup, super easy), 1 monthly direct deposit which can be a transfer from another institution, and $1000 min balance in checking account (which is at 0.25%APR instead of the approximately 0 percent I got through Truist/BB&T for the past 2 decades).

 

rodney eppes

Well-Known Member
Joined
Feb 3, 2010
Location
Mt.Holly NC 28120
I have a Discover card, which I use mostly on ''auto-drafts", & has a cash back rewards. No annual fee. And I have a Fifth Third Master Card, no annual fee, & cash back rewards. I put gas, grocery, & most of my shopping. They both mirror the same rewards. I Always pay them off each month, so I don't worry about the 29% interest! I have the Lowe's card, which gives 5% off. I used to have a Walmart gas card, when they started out with a 3% off. But they dropped to something like 1 or 1.5%. At the time, I was getting More return on my Discover. Now seems everyone are the same, on cash back.
 

jeepinmatt

..l.
Joined
Mar 24, 2005
Location
On the internet
I switched to Alliant credit union a few months back. 2.5% cash back on everything. And their savings account is currently paying 1.4% APR. It was 1% APR when I opened the account back in the spring, so they are quick to raise it. I've been completely happy with it.

But more importantly, if you have a balance, find a way pay it off. There is no reason to pay the ridiculous interest rates.
Alliant just bumped the savings rate up to 1.6%
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RatLabGuy

You look like a monkey and smell like one too
Joined
May 18, 2005
Location
Churchville, MD

jeepinmatt

..l.
Joined
Mar 24, 2005
Location
On the internet
I was just searching about Alliant and other CUs, and came across PenFed. Seems similar, 2% cash back on all purchases, just need a checking acct w/ them also.
I figured if I'm gonna go through the trouble of changing, I might as well go with 2.5% instead of 2%. One catch with Alliant is it is based on the previous quarter, so for the first 3 months, you only get 1.5% cash back. Penfed is 2% from the get go. But in the long run I'd rather have 2.5%.
 

RatLabGuy

You look like a monkey and smell like one too
Joined
May 18, 2005
Location
Churchville, MD
So related - online savings accounts?
OFB has 2.65%. Really not bad for a savings at all.

And now that the !@#$ Fed just raised interest another .75%, it's going to go up even more. So got me thinking about transferring the emergency and growing garage-funds away from my CU.
Is there any reason not to use somebody like this?
 

DSM Turbos

Well-Known Member
Joined
Feb 25, 2006
Location
Raleigh, NC
So related - online savings accounts?
OFB has 2.65%. Really not bad for a savings at all.

And now that the !@#$ Fed just raised interest another .75%, it's going to go up even more. So got me thinking about transferring the emergency and growing garage-funds away from my CU.
Is there any reason not to use somebody like this?

I moved a fair amount of our "liquid" money to 3 month renewable CD's I think they were paying like 2.4 at the time, now its paying 3.4 and likely will pay around the same when it renews again in november.
I figure even my emergency savings in most situations I can make it work for 2 months before the CD matures.
 

RatLabGuy

You look like a monkey and smell like one too
Joined
May 18, 2005
Location
Churchville, MD
I moved a fair amount of our "liquid" money to 3 month renewable CD's I think they were paying like 2.4 at the time, now its paying 3.4 and likely will pay around the same when it renews again in november.
I figure even my emergency savings in most situations I can make it work for 2 months before the CD matures.
Good point. And I'd wager that CD rate will be going up soon as well.
 
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