best cashback amex card? /

Published at 2015-10-23 22:33:12

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Reader Robert asked the following question in the "put a question to Lucky" forum:"I am looking for a cash back card. As I understand it I can spend the Amex EveryDay® Preferred Credit Card to give me statement credit. This would give me an additional 50% bonus (over 30 transactions). Are the points given as a statement credit the same value as the cash back on the Blue Cash Preferred® Card from American Express? In other words,when used for statement credit is it 1 point per $1?"What makes this question interesting to me is that Robert takes a completely different approach towards credit cards than I do.
What I'm trying to win out of credit card spend are miles & points I can redeem towards travel (in specific aspirational travel), as opposed to cash back. Though understandably everyone is looking to be rewarded in different ways.
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Source: boardingarea.com

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