MoolahMonkey

Check out this new baby!

For cash back rewards, I was previously using the Barclay CashForward card (no longer offered) that gave me 1.5% cash back on everything. I mainly used it for gas, groceries, and high dollar items.

Here are the cash back details on the new card:

     3% on Gas

     2% on Groceries / Wholesale Clubs (ex Costco)

     1% on everything else

Here’s how my monthly savings will now look like:

Monthly Expense Barclay CashForward 1.5% BofA 2% groceries, 3% gas Difference
Groceries $250.00 $3.75 $5.00 $1.25
Gas $200.00 $3.00 $6.00 $3.00

I’ll be switching my gas/grocery expenses to the BofA Cash Rewards card to maximize cash back on those two categories, and just use the Barclay card for high dollar items.

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