Drum roll please… Charles Schwab Invest First Rewards Visa.
So, after hours of agonizing consideration (sarcasm), I made a decision. The flat 2% rewards is the best option out there for my spending habits. The card does not have an annual fee. I get paid out in cash every single month. All seems well.
I put in my application on the Charles Schwab website and have to wait “3 to 7 days for a response”. I am sure I will be approved due to my strong credit. If I am given a credit limit above $5,000, I will be given a preferred Visa with additional benefits.
Based on everything I have read, this is the best cash rewards card out there in the Visa/MasterCard world with no annual fee. The only catch is that users need a Schwab account for the rewards to be deposited into.
Thanks for following the beginning and decision stage of my credit card search. I hope you found it educational.
