Bread Cashback American Express Card (Should I?)

10 months ago

Sun Nov 26, 2023 4:45 am

Beefy

Seasoned Rebel

Level3 Last INQTuesday, May 28, 2024 Gardening For3 months, 10 days, 20 hours, and 36 minutes Next Level in20 days, 3 hours, and 24 minutes on September 28th INQ 1yr onWednesday, May 28, 2025 INQ 1yr in8 months, 20 days, 3 hours, and 24 minutes INQ 2yr onThursday, May 28, 2026 INQ 2yr in1 year, 8 months, 20 days, 3 hours, and 24 minutes Goal12 months Goal DateWednesday, May 28, 2025 Goal In8 months, 20 days, 3 hours, and 24 minutes

Dinosaur wrote: ↑Sat Nov 25, 2023 7:24 pm For the first time in over ten years, I received a pre-approved credit card offer. The Bread Cashback American Express Card with 2% and redemption at 1 to 1 so to speak. 35.24%, 31.24%, or 20.74%, based upon your creditworthiness. This APR will vary with the market based on the Prime Rate. Pretty steep. A no balance carrying card or why bother with the rewards? Do not need more category cards and was just wondering if this card was worth the effort? Looking for ideas?

A 2% card with nothing going on… Do you have another or better 2% card seems pretty lackluster to me.

TU8 799/EX8 786/EQ8 805 EQ5 770/EX2 757 8/18/2023

9 months ago

Mon Nov 27, 2023 2:54 am

Saeren

Rebel Administrator

Recent HP or new account.

Level0 Last INQFriday, August 23, 2024 Gardening For15 days, 20 hours, and 36 minutes Next Level in15 days, 3 hours, and 24 minutes on September 23rd INQ 1yr onSaturday, August 23, 2025 INQ 1yr in11 months, 15 days, 3 hours, and 24 minutes INQ 2yr onSunday, August 23, 2026 INQ 2yr in1 year, 11 months, 15 days, 3 hours, and 24 minutes Goal6 months Goal DateSunday, February 23, 2025 Goal In5 months, 15 days, 3 hours, and 24 minutes

I would go for the PayPal Cashback over this card personally. 3% on PayPal comes in handy. It does have a FTF though while the Bread card does not so if that's important to you, I would go for the Bread.

I don't really care for Comenity though (Bread = Comenity). They were very stingy to me while Synchrony has always been crazy generous.

Also, Wells Fargo is offering $200 when you get the Active Cash and spend $500 which is way more value than most people would get out of a 2% card in a year that doesn't have a SUB.

9 months ago

Sun Dec 03, 2023 8:03 am

Dinosaur

Seasoned RebelDinosaur

Level4 Last INQMonday, April 8, 2024 Gardening For4 months, 30 days, 20 hours, and 36 minutes Next Level in3 hours and 24 minutes on September 8th INQ 1yr onTuesday, April 8, 2025 INQ 1yr in7 months, 3 hours, and 24 minutes INQ 2yr onWednesday, April 8, 2026 INQ 2yr in1 year, 7 months, 3 hours, and 24 minutes Goal24 months Goal DateWednesday, April 8, 2026 Goal In1 year, 7 months, 3 hours, and 24 minutes

CRs Appreciate your guidance and feedback. Placed my first preapproval in ten years in that designated circular barrel. Truth, reality has set in, and I am faced with the "I don't really need" the card.

4 months ago

Sun May 19, 2024 6:39 am

ptatohed

Seasoned Rebel

If you need a 2% card, might as well pick one with a nice intro offer ($200?). Or the SoFi with 2.2%, with conditions. Or the citi Double Cash for 2.22% for the first extra $100 per year with syncing to the Rewards+. Or the controversial 2.2% upgrade Cash Rewards Elite Visa with a $200 bonus (was $400 when I got it). Or, the PayPal that @@Saeren mentioned for 2% every day and 3% when you can use PP. With the 3% AOD nerfed, I am exploring all my options for non-cat spending now. I'd really like to get more than 2% on non-cat spend. Still thinking. I have until July.....

TU8 799/EX8 786/EQ8 805 EQ5 770/EX2 757 8/18/2023

4 months ago

Sun May 19, 2024 12:07 pm

Saeren

Rebel Administrator

Recent HP or new account.

Level0 Last INQFriday, August 23, 2024 Gardening For15 days, 20 hours, and 36 minutes Next Level in15 days, 3 hours, and 24 minutes on September 23rd INQ 1yr onSaturday, August 23, 2025 INQ 1yr in11 months, 15 days, 3 hours, and 24 minutes INQ 2yr onSunday, August 23, 2026 INQ 2yr in1 year, 11 months, 15 days, 3 hours, and 24 minutes Goal6 months Goal DateSunday, February 23, 2025 Goal In5 months, 15 days, 3 hours, and 24 minutes

ptatohed wrote: ↑Sun May 19, 2024 6:39 am If you need a 2% card, might as well pick one with a nice intro offer ($200?). Or the SoFi with 2.2%, with conditions. Or the citi Double Cash for 2.22% for the first extra $100 per year with syncing to the Rewards+. Or the controversial 2.2% upgrade Cash Rewards Elite Visa with a $200 bonus (was $400 when I got it). Or, the PayPal that @@Saeren mentioned for 2% every day and 3% when you can use PP. With the 3% AOD nerfed, I am exploring all my options for non-cat spending now. I'd really like to get more than 2% on non-cat spend. Still thinking. I have until July.....

The Double Cash has a $200 SUB for spending $1500 in 6 months right now too.

4 months ago

Mon May 20, 2024 10:27 am

Slabenstein

OutlierDinosaurs are patriots

Slabenstein has passed the 24 month threshold and is completely inquiry free!
Slabenstein has achieved the Garden Goal !!

Level24 Last INQThursday, September 1, 2022 Gardening For2 years, 6 days, 20 hours, and 36 minutes Next Level in23 days, 3 hours, and 24 minutes on October 1st INQ 1yr onFriday, September 1, 2023 INQ 1yr reached1 year, 6 days, 20 hours, and 36 minutes ago INQ 2yr onSunday, September 1, 2024 INQ 2yr reached6 days, 20 hours, and 36 minutes ago Goal24 months Goal DateSunday, September 1, 2024 Goal Achieved6 days, 20 hours, and 36 minutes ago

I personally wouldn't go with Comenity for a 2% card. I've never had a card with them, but after what happened last year with them massively screwing up reporting, payments, and online access for basically all of their accounts for several months, I likely never will.