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.
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.
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 answerno 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:
$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
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)
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
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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