You should pick your credit card perks like Warren Buffett picks his stocks, TD Bank exec says

TD Bank’s head of credit cards and unsecured lending, Chris Fred, argues that people should choose credit-card perks with the same mindset Warren Buffett uses for investing: know what you’re doing and stick to a “circle of competence.” In an interview with Fortune, Fred said that for many consumers, point-chasing and “churning” may be too complex. He suggested a simple flat-rate cash-back card can often beat complicated bonus categories. Fred’s framework still allows opening multiple cards if someone can track categories confidently, but he warned against trying to “day trade” rewards at checkout. The article also references the evolution of churning into the mainstream.