Chase Freedom seems like a good option for Giving Tuesday. I am not finding your referral link for it though (I don’t see BofA one either for that matter).
Actually I just re-read it and saw the $1500 limit which, unfortunately, takes it out of the running for me. Been meaning to sign up for the Double Dash for a while. Does anyone know if that 2% cash back applies to Facebook Fundraisers or if any of the others do or are a better option in that respect? I will likely try to do $10-15k this year, so limits are a deal-breaker, unless they are pretty high.
For people spending larger amounts, Citi Double Cash or Alliant Cashback Visa Signature are probably the best options. The Double Cash card has no annual fee and gives 2% back (assuming you pay off your credit-card bill in full). The Alliant card gives 3% cash back and waives the annual fee the first year, and gives 2.5% cash back and charges $99 in subsequent years. So you’d need to spend at least $20k per year for the Alliant card to be a better option in the long run.
Even with 2.5% cash back, it would be a better deal to send a check to the charity if the amount is large (say $10k+), the fees aren’t waived, and there’s no donation match that requires paying online.
Here’s a good summary of the best cash-back credit cards, including most of the ones mentioned in the post.
Oops, sorry—not sure what happened to the Chase referral link, but I edited the post to add it. BofA isn’t running a referral program right now, so there isn’t a link for that card.
All of those flat-rate cards at the bottom should return 2% (or 1.8% in the case of Citizens, 1.5% in the case of Capital One, etc.) on payments through Facebook Fundraisers, given that their fixed cash back rates apply to all transactions. I can’t personally confirm that, not owning any of the 2% cards myself, but assuming they follow their policies, you should be just fine.
Chase Freedom seems like a good option for Giving Tuesday. I am not finding your referral link for it though (I don’t see BofA one either for that matter).
Actually I just re-read it and saw the $1500 limit which, unfortunately, takes it out of the running for me. Been meaning to sign up for the Double Dash for a while. Does anyone know if that 2% cash back applies to Facebook Fundraisers or if any of the others do or are a better option in that respect? I will likely try to do $10-15k this year, so limits are a deal-breaker, unless they are pretty high.
For people spending larger amounts, Citi Double Cash or Alliant Cashback Visa Signature are probably the best options. The Double Cash card has no annual fee and gives 2% back (assuming you pay off your credit-card bill in full). The Alliant card gives 3% cash back and waives the annual fee the first year, and gives 2.5% cash back and charges $99 in subsequent years. So you’d need to spend at least $20k per year for the Alliant card to be a better option in the long run.
Even with 2.5% cash back, it would be a better deal to send a check to the charity if the amount is large (say $10k+), the fees aren’t waived, and there’s no donation match that requires paying online.
Here’s a good summary of the best cash-back credit cards, including most of the ones mentioned in the post.
Oops, sorry—not sure what happened to the Chase referral link, but I edited the post to add it. BofA isn’t running a referral program right now, so there isn’t a link for that card.
All of those flat-rate cards at the bottom should return 2% (or 1.8% in the case of Citizens, 1.5% in the case of Capital One, etc.) on payments through Facebook Fundraisers, given that their fixed cash back rates apply to all transactions. I can’t personally confirm that, not owning any of the 2% cards myself, but assuming they follow their policies, you should be just fine.