Rewards are much better on other cards, even if they're not as simple as cash dropped into your account on the daily.
That doesn't seem like a lot, but coupled with other spending it does help with going to visit my wife's family every few years. I cashed in 90k miles per ticket to get $500 business class round trip tickets on ANA last year. That means that roughly every 4 years we can do that trip for trivial travel cost.
Depending on your specific spending habits you might even come out ahead with the Citi Custom Cash, which offers 5% cash back on your highest spending category (up to $500) every month, 1% cach back on everything else.
I have a credit card with Bank of America which I earn 2.625% cash back on everything, no annual fee. However, that rate requires having $100,000 invested with Merrill Lynch. - https://www.doctorofcredit.com/bank-of-america-preferred-rew...
[1]Fidelity requires you to have an investment account open with them to sign up, no minimum balance is required.