Card #2 is almost paid off and out my life for awhile so I’m ready for Card #3.
The bulk of what’s going on the card are my medical expenses which will be paid off in a few months with my settlement. I don’t want a medical credit card since they don’t offer any rewards.
I think I’ve narrowed it down to 4 cards: The Amex Propel by WF, Amex Blue Cash Everyday Card, Chase freedom unlimited and MC Bank of America Cash Reward card. My main priorities are cashback for medical bills and gas, signup bonus, and no annual fee.
Any suggestions on what card out of the 4 I should pick or any other options?
Are you sticking with cash back cards only?
Are you under 5/24?
If the answer is yes to both of the above, then consider Chase Freedom (CF) in addition to the Chase Freedom Unlimited (CFU). Both offer $150 sign up bonuses for spending $500 in the first 3 months. Which card to pick depends on if you would gain more from the rotating 5% categories on the CF (this quarter it's wholesale clubs/department stores/ChasePay) vs 1.5% on everything on the CFU.
I would look at the Chase cards first if you're under 5/24, and then move on from Chase once you're over 5/24 or have no use for Chase cards.
Of the other cards you list, the BoA Cash Rewards card seems to earn the most on gas and groceries and has a good signup bonus of $200 on $500 spend within first 3 months. I don't have experience with this card, but one thing that bugs me about my BoAPR card is that I can't set up autopay unless I have a BoA checking account (which I don't). So I have to remember to schedule a payment from my checking account to pay off my balance each month; there's just a higher risk of a late payment because of this since I can't set it and forget it like I can with Chase, Amex, US Bank, Discover, Barclays, & Citi.
Alternatively, do you have a Discover It or Discover It Miles card? Both have no annual fee. Both match your cash back in the first year. The Discover It card has a $50 sign up bonus for 1 purchase within 3 months, and you could earn 2% for the first year on everything (and 10% on the rotating categories - this quarter they are
Amazon and Wholesale clubs) - this card is similar to CF with the 5% rotating categories. The Discover It Miles works out to 3% on everything the first year (and after the first year it would earns 1.5 on spend like the CFU); I don't believe there is a sign up bonus on this card.
Alliant CU has a Visa that is no AF the first year and earns 3% on everything the 1st year but has no sign up bonus, and after the first year there is a $59 AF and the cash back drops to 2.5%.
Citi Double Cash is a 2% on everything card, no AF. Sometimes it has a signup bonus, I don't think there is one on it right now.