While the Discover it® Balance Transfer is no longer open to new applications, its rewards categories used to rotate each quarter, and could include grocery stores, restaurants, gas stations, online shopping and more.
For all other 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.
Plenty of credit cards give bonus cash back rewards in certain purchase categories. Cardholders may receive extra value on gas, groceries, dining, entertainment, wholesale clubs and more. Other cards have bonus categories that change every quarter and may require activation, giving you the chance to earn big on different types of purchases every few months.… read full answer
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.
One of the best cash bonus credit card offers is the Blue Cash Preferred® Card from American Express. This card gives you $150 statement credit for spending $3,000 in the first 6 months. But there are tons of 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 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.… read full answer
Here are some of the best cash bonus credit cards:
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