I went to sign up for this, the rep. talked me out of it. He said based on my buying habits, it's not good for me because 5% diminishes down to 1/4% as you spend more. I think he said after spending $3,000 that 5% starts dropping. Their site doesn't tell those details. Anyone know about the sliding reward rate? They are sending me the details, I will post the details when I get them. So far I am happy with the Citibank 5% Dividend card that I learned about from the Gotapex site a few months ago.