Citibank cut the reward rate on the Dividend Platinum select card from 5% to 2%, what is a good swit

Anyone else get this letter? Its bogus, they drop the rate by more than half and offer nothing in return. Are there any good credit cards that offer 5% cash back on groceries and gas?

Citibank cut the reward rate on the Dividend Platinum select card from 5% to 2%, what is a good switch?loan company

The Amex Blue Cash does not give 5% back on everything. It gives 1% on supermarkets, gas and drugstores and 0.5% on everything else until you spend $6500 in a year. After that you get 5% on supermarkets, gas and drugstores and 1.5% on everything else. For people who spend a lot on credit cards, it can be a good choice. Most people would do better with a different card.

Since you are interested in a rewards credit card, you should check out a site that lets you plug in how much you spend on different categories, then tells you which rewards card is the best deal based on your specific spending. It%26#039;s at http://www.creditcardtuneup.com/ . It will even tell you how to use a combination of two or three different cards to maximize your rewards, since some cards (like Discover) have a yearly limit on the cash back you can earn.

One card that comes to mind is the Chase Freedom with which has a generous cash back program by today%26#039;s standards. No card today is as good as the Citibank Dividend Platinum used to be. I have one myself and was sorry to see them knock down the rewards level to 2% on groceries, gas and drugstores.

I guess I should mention that I have no connection with the above site I linked.

Citibank cut the reward rate on the Dividend Platinum select card from 5% to 2%, what is a good switch?

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Get the blue cash from american express. It gives you 5% on gas and up to 5% on everything else. It is one of the best cash back credit cards out there. It also looks very cool and slick. I have one and absolutely love using it.