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Posted in Liz's Blog
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10/23 2007

The best credit cards

 

Back in February, I asked a bunch of credit card experts what plastic they carried in their own wallets. The favorite: American Express Blue Cash, which currently offers a 1.5% automatic rebate on all purchases after you’ve charged $6,500 annually, plus 5% back on so-called “everyday purchases” at gas stations, drug stores and grocery stores.

Looks like the folks at Kiplingers agree. The personal finance magazine recently named Blue Cash the best cash-back card.

For airline cards, they picked Citi PremierPass Card Elite, which has a $75 annual fee but allows you to get free domestic tickets on any airline for just 20,000 miles. You can also get a free companion tickets every time you buy a domestic ticket for $299 or more.

If you’re an elite frequent flier looking for upgrades, or trying to save up miles for a business-class international ticket, these “any airline” cards aren’t a good fit–stick to your airline-branded card. But others who want tickets rather than cash back or other rewards can check this one out.

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