THE WALLET
THE WALLET
What’s in my wallet?
Below is a look at what’s in my wallet. These are tools I use to maximize the resources I use on a daily basis.
FYI – On some of the resources I have included below, I’ve included referral links to what’s in my wallet. I do get a small commission when you sign-up through my links.
Bank Accounts
Ally Bank
www.ally.com
I have been banking with Ally since 2008. Since I don’t need a physical bank, I would rather bank at a banking institution that I can maximize my interest rate. Even though I have seen period of low interest rates, I have found Ally has some of the highest in the industry (they aren’t the highest, but the different is not that big of a deal given Ally is usually way better than my brink and mortar bank down the street.
Credit Cards
Fidelity Rewards Visa Signature Credit Card – Elan Financial
www.fidelityrewards.com
I’ve had this card since 2018 and the main reason why I’ve carried this card is the 2% cash back on every dollar spent. I used to only carry travel reward cards, but then I thought it would be nice to have a card that gave me cash back. Since then, this card has been my go to card.
Chase Sapphire Preferred
www.chase.com
I use this card anytime I go out to eat because of its 3x point value abilities. I do use it for travel too, but it only gives me 2x point value and for that, I use my Fidelity Rewards Visa Signature Credit Card.
I also like this card because of its Chase Offers which I have tried to maximize for additional cash back on spending that I already do.
Citi Custom Cash
www.citi.com
I use this card anytime I go to the grocery store. This card provides 5x point value abilities every time I go to the grocery store. There is a limit per billing cycle. You can only get 5x on the first $500 of your spend during that period.
This card is also unique in that it is 5x your highest category, so you can use this as a 5x on Travel, Restaurants, Home Improvement Stores, Gas Stations, Live Entertainment, Select Transit, Drugstores, Fitness Clubs, or Select Streaming Services. I have another card for Gas so I use this for grocery. This also has a $0.00 annual fee.
Bank of America Customized Cash Rewards Credit Card
www.bankofamerica.com
I use this card anytime I buy gas. This card gives you 3x on your choice of category. I could get 5x on gas with the Citi Custom Cash, but I spend more on grocery than on gas so I’d rather get 5x back on my grocery and then I’ll use this card for gas and get 3x.
Just like the Citi Custom Cash, you get 3x on a category that you choose. This is different in that you must select the category whereas the Citi doesn’t require a selection. Categories include gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. You also can get 2x on grocery stores and wholesale. This also has a $0.00 annual fee.