"Category bonuses" refer to special benefits or rewards offered by certain credit cards for spending in specific spending categories. These categories can include areas like groceries, restaurants, travel, or gas stations. When using a credit card with
category bonuses, you can earn higher reward rates or cashback percentages for purchases made in these designated categories.
Full definition
Unfortunately, your options on credit cards with
category bonuses on monthly bills are severely limited.
With a low annual fee, you can be earning at least 1.5 X on all purchases with higher earnings
with category bonuses for gas and groceries.
Don't forget to use a shopping portal at popular online merchants, or take advantage of credit
card category bonuses if you're going to pick up gift cards at bonus category merchants.
A great strategy is to combine cards that
offer category bonuses with a card that offers increased points on general purchases.
I have enough credit cards that almost all my spending fits one with a very
good category bonus.
On each airline - specific page, I'll mention the most useful
spending category bonuses as well as a few strategies on how to maximize them.
Business credit cards can offer fantastic points earning opportunities, especially when coupled with personal cards that feature
different category bonuses for spending.
Points used to be earned through the portal in addition to
category bonus points, so you could maximize the points you earned on everyday spending.
In contrast, credit cards with reward programs run by banks tend to have more
generous category bonuses, in some cases three or four points per $ 1 spent.
This means you're really earning 2 percent back the first year with a whopping 10 percent back on certain
limited category bonuses.
You may be giving up even more points by not putting that spending on a card with
category bonuses if a lot of that money is travel expenses.
That's an
amazing category bonus for any cashback card, especially since there's not cap on the amount of cash you can earn.
Consider whether your earnings can be multiplied further by taking advantage of a specific credit card's
category bonuses too!
Then contact those vendors and update them with information on cards that give you the
extra category bonuses.
And then I have a bunch of other cards that I use for
specific category bonuses or just to have them because they have an annual benefit or something like that.
Keep in mind that if a retailer already provides bonus points for shopping within a certain category, the additional bonus is on top of the
existing category bonus.
Category bonus cash back cards offer the lure of 5 percent cash back from revolving spending categories.
It comes with an exceptional 4.0 percent back on dining, which is not found as a
permanent category bonus on any other card currently available.
Even though you are buying an airline ticket, the purchase is unlikely to count as a travel expense for
category bonus purposes.
Those cards are just two examples of the many cards out there that
offer category bonuses, so take some time to research ones that line up with your spending habits and reward preferences.
There are several key differences between personal and business credit cards, including
different category bonuses and lucrative sign - up offers.
Points used to be earned through the portal in addition to
category bonus points, so you could maximize the points you earned on everyday spending.
This is the
best category bonus I've seen for office supplies, cable, wireless and land line expenses!
Would you rather have
limited category bonuses that might maximize your rewards up to a certain point, or just earn an easy and above - average 1.5 % cash back on everything?
Phrases with «category bonuses»