In terms of long term value the idea is to determine if keeping the card passed the first year makes sense and to do that we just look
at the annual fee vs the benefits provided.
Not exact matches
Look
at this way: Spending $ 9,500
at U.S. gas stations with the Blue Cash Preferred would earn you $ 285 cash back
vs $ 190 cash back with the Blue Cash Everyday, which has no
annual fee.
In this situation, (as compared to the MBNA World Elite), you would be getting your extra 2.5 % on purchases
at TD Expedia (
vs the 2 % from MBNA), saving $ 89
annual fee (that you would otherwise pay to MBNA) but you are giving up.5 % on all your purchases (taking 1.5 % First Class instead of the 2 % from MBNA).