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What are the best credit cards for reselling?

February 25, 2016 By Trevor 11 Comments





Last week, my buddy Oren shared his go to cards for reselling.

To recap, his cards were:

  • Bank of America Travel Rewards
  • Chase Ink
  • Discover
  • Honorable mention: Citi AT&T

My Picks

First off, I will admit, I don’t have a Citi AT&T card, which offers 3x points for online spend. This is a no brainer for folks doing Online Arbitrage, and I plan to get it soon.

  • Starwood Preferred Guest (SPG) Business: at 1x per dollar spent, this isn’t terribly exciting, but you can get even more value when you transfer to partners like Alaska Air (and I do like my Emirates awards, which are only 100k Alaska Air miles)!
  • Chase Ink Plus: this is a no brainer for office supply stores, with its 5x Ultimate Rewards earning.
  • Alaska Air Business: More Alaska miles? Sure!
  • Discover: only when I use the Discover Deals portal, or when there are great promote like that Apple Pay deal.

For the most part, you’ll notice that I am trying to use Business cards for my reselling business. That’s by design, but not a hard and fast rule. As I continue to grow the business, I’m finding that accounting takes up more of my time, and I’m willing to carve off particular cards for business spend, just to keep things more simple and be able to focus on the more enjoyable aspects of reselling.

What are your go to cards for reselling?

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Filed Under: Reselling Tagged With: Credit Cards, Reselling

Comments

  1. JS from Sourcing Simplifiers says

    February 25, 2016 at 9:25 am

    I use my DiscoverIT card since all cashback will be doubled at my anniversary year. I of course sprinkle in Chase Fredoom and Ink when I can get x5. May need to check out the Citi ATT card. Do you happen to have an affiliate link for the card?

    Reply
    • Trevor says

      February 25, 2016 at 5:30 pm

      @JS – oh yes, the Freedom as well – still working off GCs from Q4! I don’t have an affiliate link, however I think Saverocity.com/creditcards might, and Matt donates all proceeds to charity.

      Reply
  2. jason says

    February 25, 2016 at 10:00 am

    been pondering the AT&T as well. have you seen a sizable list of confirmed retailers it works for? i know some things are excluded (ebay for one,) and it would be good to know what does and doesn’t get the 3x. on the fence but would like to snag it if i can get more info.

    Reply
    • Trevor says

      February 25, 2016 at 5:28 pm

      @Jason, I haven’t seen a list, but I also haven’t looked to hard into it yet. Definitely a case of unnecessary blinders, when it initially came out, I saw AT&T and said to myself it was not relevant because I have Verizon and T-Mobile

      Reply
  3. Paul says

    February 25, 2016 at 5:28 pm

    I love Fidelity Amex, 2% CB, which is better than most, on top of that, when you pay over the phone with paypal debit card, there’s another 1%.

    Reply
  4. MMKate says

    February 25, 2016 at 9:21 pm

    I’m caught on the last sentence…curious about what you consider the “more enjoyable aspects of reselling” 🙂

    Reply
    • Trevor says

      February 26, 2016 at 3:04 am

      The thrill of the hunt after all!

      Reply
  5. HG says

    February 27, 2016 at 11:32 am

    No mention of UPromise? Has something changed since you mentioned it on Observation Deck?

    Reply
    • Trevor says

      February 29, 2016 at 3:31 pm

      @HG – UPromise is still a lucrative card, but have been hearing anecdotally that they are starting to become concerned about resellers.

      Reply
      • HG says

        February 29, 2016 at 4:52 pm

        Thanks for the reply

        Reply

Trackbacks

  1. Will you supercharge your Reselling business with #NapaDO? - Tagging Miles says:
    February 7, 2018 at 1:17 pm

    […] for Online Arbitrage. This is a great opportunity to see how you can further leverage one of my favorite reselling cards, the AT&T Access […]

    Reply

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