What are the Discover it Balance Transfer card categories? How often do they rotate? This question is about the Discover it® Balance Transfer

What are the Discover it Balance Transfer card categories? How often do they rotate?

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This question is about the Discover it® Balance Transfer

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@WalletHub • 04/19/21 This answer was first published on 01/04/18 and it was last updated on 04/19/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Discover it® Balance Transfer’s rewards categories rotate each quarter, require activation and have a quarterly limit. They can include grocery stores, restaurants, gas stations, online shopping and more.

For all Discover cards, you can see the cashback calendar on Discover's website. It’s also important to note that you needed to activate the category each quarter in order to enjoy the extra cash back and there was a quarterly spend limit for these categories.

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Best Credit Cards with Cash Back Bonus Rewards

Overall Blue Cash Preferred® Card from American Express
No Annual Fee Chase Freedom Unlimited®
Initial Bonus Capital One® Savor® Cash Rewards Credit Card
Everyday Purchases Wells Fargo Active Cash® Card
Cashback Match Discover it® Cash Back
Categories of Your Choice U.S. Bank Cash+® Visa Signature® Card

Lots of credit cards with cash back bonus rewards on purchases also offer an initial cash rewards bonus for spending a certain amount in the first few months. Plus, it’s good to remember that many credit cards without cash back bonus rates still give a solid cash back rate on all purchases.

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What are the best cash bonus credit card offers?

The best cash bonus credit card offer is the Blue Cash Preferred® Card from American Express. This card gives new cardholders $300 statement credit for spending $3,000 in the first 6 months. Blue Cash Preferred also comes with extensive ongoing rewards: 1 - 6% cash back.

There are many cash bonus credit cards that offer you money for meeting a spending requirement in the first few months. These cards are a good way to get a hefty rebate on your purchases at the start, especially if they also have … read full answer no annual fee. But it’s important to remember that initial bonuses are just that – initial. You’ll want to choose a card that provides great everyday perks even after you earn the bonus.

Here are some of the best cash bonus credit cards:

Card Name	Initial Bonus	Ongoing Rewards
Blue Cash Preferred® Card from American Express	$300 statement credit for spending $3,000 in the first 6 months	6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits
Capital One® Savor® Cash Rewards Credit Card	$300 for spending $3,000 in the first 3 months	4% cash back on dining, entertainment and popular streaming services, 3% back at grocery stores and 1% back on all other purchases (except for 8% back on tickets from Vivid Seats and on Capital One Entertainment purchases)
Capital One Quicksilver Cash Rewards Credit Card	$200 for spending $500 in the first 3 months	5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases
Wells Fargo Active Cash® Card	$200 cash rewards after spending $1,000 in the first 3 months	2% cash rewards
Chase Freedom Unlimited®	N/A	5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1.5% back on all other purchases (plus an additional 1.5% cash back on everything, up to $20,000 spent the first year)
Ink Business Cash® Credit Card	$750 for spending $7,500 in the first 3 months	5% cash back on the first $25,000 spent per year in combined purchases at office supply stores and on internet, cable and phone services; 2% cash back on the first $25,000 spent per year at gas stations and restaurants combined; and 1% back on all other purchases

Some cash bonus credit cards offer the same rate on all purchases. Other cards give even higher earning rates in certain bonus categories – for example, gas or groceries. And others, such as the Bank of America® Customized Cash Rewards credit card and the Citi Custom Cash℠ Card, allow you to customize your reward categories.

Ultimately, the best cash back credit card is the one that fits your individual needs – if your spending is more even-keeled and you don’t want to worry about categories, a flat-rate cash back credit card will be the better option. Otherwise, pick the one that rewards you most in your largest spending categories.

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