What are the reasons why this card is simply for you? It has reasonable interest rate. You do not any annual fee to pay for. You can also take advantage of the 0% introductory rate for your purchases in six months time. It has to be made clear that the introductory rate for balance transfers only applies to those who initiate a transfer when applying online for the card.

The great thing about the Blue Sky from American Express, the credit card rewards program are amazing. There's no annual fee, low introductory rates, and free rewards program with no blackout dates or travel restrictions.

Other benefits offered by the Blue Sky from American Express include auto rental insurance, a Return Protection which credits cardholders with the maximum amount of $300 for purchases that are non-refundable in 90 days. This also includes a year end report.

You may find a great review here:

http://www.rewardcreditcardsite.com/travel-rewards-credit-cards/blue-sky-from-american-express/

You may find a great Citi Premier Pass Credit Card Review here:

http://www.rewardcreditcardsite.com/travel-rewards-credit-cards/citi-premeir-pass/

If the credit card is used by a business, any reward program funds must first be used to reduce the interest expense claimed so that effectively makes it taxable as if it was income.

Assuming your monthly spending is even across the 12-month period, then you should go with Card #1 (AmEx Blue Cash). Here's why: Your average rewards for supermarket spending with card #1 will be 3% (i.e. (5% + 1%) / 2), while your average rewards for supermarket spending with card #2 will only be 2%. Your average rewards percentage on all non-supermarket/gas/drug spending for both cards will be 1%.

Note, however, that to really know the optimal card for you for certain, you should take into account your entire categorical spending profile (including gasoline spending, drug store spending, and any other special rewards categories with either card).

You might find that this credit card rewards calculator is helpful to you:
http://www.creditcardtuneup.com/

There is a bill right now that is in the House to require card companies to negotiate their rates with vendors, rather than having a set non-negotiable fee. I haven't read the bill, so I don't know whether I agree with it's text. However I do agree that something has to be done. I'd be in favor of requiring the card companies to charge the same fee to all its vendors, otherwise, I expect large retailers (wal-mart for instance) would be able to negotiate a much lower rate with the credit card companies than the small business owner could, based on volume.

second one is chase freedom — gives 3%casback in top 3 categories. If you are patient to wait till you accumulate $200–it gives additonal $50 as bonus — equivalent to 3.7%cashback