If you shop at a wide variety of stores applying for
a few rotating category cards is a good idea.
Not exact matches
The Discover it ® — Cashback Match ™ is one of the
few rotating -
category cash back cards.
The Discover it ® — Cashback Match ™ is one of the
few rotating -
category cash back cards.
We thought it unreasonable to factor in the rate of
rotating categories into the average, as
few consumers will be able to fit their schedule to spend within those periods on those specific items.
Many cash back credit cards have a flat cash back rewards rate of 1 % or 1.5 %, although, a
few pay 5 % on
rotating spending
categories throughout the year.
Instead of having
rotating categories that you have sign up for each quarter to get 5 % cash back on a
few of your purchases (everything else is usually 1 %), Quicksilver offers you 1.5 % cash back all the time.
If you have a card with 5 percent
rotating quarterly
categories — such as the Discover it Cashback Match card or the Chase Freedom card — there are a
few tricks you can use to reach the $ 1,500 spending cap each quarter:
Some have
rotating categories of up to 5 % cash back that often change every
few months and require free enrollment, while others offer a lower, but consistent reward rate year - round.
So, retailers may want to apply this strategy within the good - better - best hierarchy — offering a
few «good» items, a
few «better» items, and a
few «best» items, and
rotating selections within each of those, instead of viewing the
category as a whole.
Here are a
few tips to make the most out of
rotating categories regardless of your spending habits:
However, because the rewards
categories for these cards are offered on a
rotating, quarterly basis, you can only earn cash back on dining for a
few months out of the year.
A
few cards even have
rotating bonus - earning
categories that change every quarter.
While the
rotating category cards offer some unique opportunities to squeeze a
few more freebies out of your credit card reward points, basic cash back cards shine in one key area: simplicity.
If you're looking to earn more than 1.5 percent back — and still avoid the hassle of dealing with
rotating categories — there are a
few cards that offer just that.
If you scoff at the idea of
rotating bonus
categories or having to update your earnings preferences every
few months, you'll appreciate the Target Redcard's no - nonsense rewards policy.
But Chase Freedom Unlimited ® also carries with it a
few notable (and enticing) differences: Namely, no
rotating categories, no quarterly enrollments, no cap on what you can earn.