ACZoom

The Grapevine at Credit Card Goodies is a good source of information for getting the low down on credit card offerings.

The best cards are of course those that pay cash back - all other stuff like airline tickets, hotel rooms, can be bought with cash, so why look for anything else? And of course, use credit cards as a substitute for money you already have, using credit cards to get credit is really not a good idea - too high a cost to get credit this way.

Right now, end of 2006/early 2007, the best cash back card for those spending less than around $20,000 per year, seems to the Chase Freedom Visa Credit Card - from 1% to 1.25% back on all purchases, increasing to 3% for eligible Gas, Grocery and Quick Service Restaurant purchases.