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Priceline Rewards Visa No Longer Offering 2% Cash Back for New Accounts

One of my long-time recommendations for your credit card strategy is to put everyday spend on a 2% cash back card (when you’re not trying to hit minimum spend for a bonus), and for this I’ve recommended the Priceline Rewards Visa card, which had offered 2% cash back on all purchases.

Well, that’s gone now. I was just recommending that plan to a friend and noticed that the application page for that card no longer shows 2% cash back (it’s 1% now). I don’t know if they’re changing existing customers to 1% (I would imagine they will at some point), but this is a bummer.

This leaves the Fidelity Rewards Amex as the last 2% cash back card with no annual fee. With those cards, for every $2,500 you spend you’ll get $50 to deposit in an eligible Fidelity account (Cash Management Account, Brokerage Account, Fidelity-Managed 529 Account, Retirement Account). While these cards have no annual fee, there is a 1% foreign transaction fee.

If you spend a lot overseas, you may want to consider the Capital One Spark Cash Business card — it offers 2% cash back with no foreign transaction fees. HOWEVER, they do charge a $59 annual fee after the first year.

Huge bummer about that Priceline card.

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  1. Rapid Travel Chai

    So far no change to existing customers. I have tried various sources and they have fully exterminated the 2% offers.

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