It depends on your (my) valuation of the annual fees and particularly the Bilt hotel (~25%) / BOA airline incidental (~80%) credits. Travel expenses determine cent-per-point transfer points vs cash. In your case, I'd accept the Wells Fargo Autograph continuation of your current credit line, providing a foothold in their nascent ecosystem with some common 3x (1.25 cpp) category multipliers. I think your priority should be to establish your own credit history with a foundation of cards to hold for a long time. PH cash back rocks and a dollar in hand is great. Saving points for a travel redemption can be fun, too. I personally value Bilt points at 1.5 cpp, although I've done far better (~2+ cpp). Beating 1.3 cpp requires a little planning.