I used to limit myself to the card that didn’t have any annual fees. Practically all my purchases are made with a credit card (all paid back in full by the end of the month), so it turns out to be really worth it to take the card with the most advantages and highest cashback rates. They pay me back the yearly cost of the card many many times over.
The catch is, if the amount of transactions starts to drop below a certain threshold, it might not be worth it anymore.
Note that I am in Canada, not the US. Not sure if that makes any difference here.
Do you use a credit card? Why or why not?
I know this might just reflect financial culture differences across countries, but let’s give it a try...