However, Chase Freedom gives you 1% cash back on all purchases and 5% on select categories of purchases. The 5% category changes every quarter.

It may be something of interest to look into!

If you're looking into points for airline redemtions, you should probably consider getting multiple cards - some have spending limits and once you reach that you can simply move on.  www.thepointsguy.com has some great resources and you can easily earn enough points for a trip - then switch to a hotel card! 

Yes I appreciate the heads up as well... I have never heard of this before either, im very interested!

If you're looking into points for airline redemtions, you should probably consider getting multiple cards - some have spending limits and once you reach that you can simply move on.  www.thepointsguy.com has some great resources and you can easily earn enough points for a trip - then switch to a hotel card! 

Never heard of that website before. Thanks Jeff. Going to check it out.

You know it's sad when I really think about...1% being the norm for cash back/rewards is just pitiful. 

Consider you want to go to Hawaii with your significant other... $5,000 in airfare alone? How much for hotel, spending, etc...? Id say a $10,000 trip on average.  I use Hawaii because it seems like one of those typical dream destinations.  I only know the rough airfare price during the summer because I was looking at it as a possible honeymoon spot....I looked at all inclusive at a decent resort for 7 nights...and 10k seemed to fit pretty well.

If you wanted to pay all your bills with your rewards card in order to save up for that trip to Hawaii...really rack up those points...you would need to spend $1,000,000 to achieve that goal.  So basically, if I spend $33,000+ a year consistently, in 30 years (at age 60) I will have enough points for that trip!!!  Assuming there is a program/company out there that will remain unchanged, with non-expiring points for the next 3 decades!

Hahaha definitely depressing...

Most of the cards provide 1% cash back, thats a $500 cash back on 50K spend. You can maximize further by choosing the right category of cards. if you want to spend more on flights choose a card which gives maximum cash back on air travels. 

Chase freedom works great for me only when they offer 3% cash back on groceries, as my maximum spend any month is on grocery.

This is the precise domain I work on. if interested I will mail you details.

BTW this is nice post idea...will start working on tonight 

My favorite general spending credit card is the Chase Freedom Visa Card, hands down! Go with it and you won't be sorry! 

Thanks for the suggestion Jacob, I considered this one, but other than their $100 promotional reward, the had the same cashback limitations as Discover.  5% back up to $1,500 in purchases a quarter...on certain expenses only.  Dont get me wrong, Im not find much better out there, but hoping someone here can!

Justin, what are you expecting to spend the money on? That will make a lot of difference. I make around $2000-$4000 from cash back every year. But I do rotate cards based on what I spend on.

I use a credit card for all gas expenses.  However, the initial expenditures will be wedding related... venue, ceremony, photographer, florist, etc.  Then a decent amount on home improvement expenses later this year.