A couple of years ago, many of the best reward credit cards adopted rotating reward categories with quarterly re-enrollment.
This is a great business model for them because they can offer relatively generous 5% cash back rewards without necessarily having to pay them because people for to re-enroll.
Since we’re nearing the end of the winter quarter and heading into spring, the categories are changing. It’s thus time to double-check and be sure that you’ve enrolled in the latest reward card offers.
What follows is a rundown of the current bonus categories for some of the most popular reward cards on the market.
Chase Freedom Visa
From April 1st through June 30th, the Chase Freedom Visa card is offering 5% cash back on up to $1500 in purchases in the following categories:
- Restaurants
- Movie theaters
All other purchases still qualify for the standard 1% cash back.
To enroll your card, simply visit ChaseBonus.com — the rewards should be applied retroactively as long as you activate the promo before June 14th.
Citi Dividend Platinum Select Visa
From April 1st through June 30th, the Citi Dividend Platinum Select Visa card is offering 5% cash back on purchases in the following categories:
- Home furnishing stores
- Home and garden stores
- Purchases at all Home Depot stores
All other purchases still qualify for the standard 1% cash back.
There is no specific purchase limit for this offer aside from the overall $300 annual rewards cap that applies to all purchases made with this card.
To enroll your card, call 1-800-231-0891 or look for a signup link from within your online account. Unfortunately, the bonus rewards are not retroactive with this card, so be sure to activate now if you have this card.
Discover Card
From April 1st through June 30th, the Discover Card is offering 5% cash back on up to $1500 in purchases at home improvement stores, including: home supply retail stores, lumber/building material stores, paint/wallpaper stores, hardware stores, and lawn and garden supply centers.
All other purchases earn 1% cash back rewards with no annual earnings limit.
To enroll you card, login to your account online or call the number on the back of your card. Note that, like the Citi card above, the bonus rewards are not retroactive with this card so be sure to activate it soon.
And if you don’t currently have a Discover Card but want one…
Relevant queries: credit card bonus categories
{ 2 comments… read them below or add one }
You would think by now someone would’ve created a mobile app that automatically updates these and gives you a push notification on the 1st of every quarter. Sounds like a business opportunity?
Yeah, sounds good. You should do it!
Or, you could just keep coming here for your updates…
Chase has actually experimented with auto-enrollment, which is good for us but probably bad for them since it would have the net effect of increasing the rewards they’d have to pay out.