I'm afraid to mention what card I use, for fear of others jumping on the bandwagon and ruining it, but here's what I get:
2% on everything (cash, redeemed as a transfer to my ING account)
After hitting a $5000 floor for each year, an additional 4% back, for a total of 6% all year, one you spend $5000!
I normally spend at least $2000/month on the card (paid off every few days), so it's all profit. The first month I had the card, I got back $150 (didn't hit the floor, but got signup bonus points). 2nd month, $175. This month, $200.
It's gonna be a great year
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