If all of your purchases were made
in everyday spending categories, that would equate to spending $ 6,334 on your Gold SkyMiles card, or just $ 528 a month.
Not exact matches
Unlike many other cards, the Double Cash card has no
category restrictions, no enrollments
in rotating
categories, and no limits on the amount of cash back that you earn, which makes it easy to earn cash back on groceries and other
everyday spending.
Instead of having a fixed set of
categories where you earn your maximum rewards, like you do with The Amex
EveryDay ® Credit Card from American Express, every quarter of the year, the Chase Freedom ® shifts through different bonus
categories where you earn 5 % cash back, on up to $ 1,500
in combined
spending each quarter.
Unlike many other cards, the Double Cash card has no
category restrictions, no enrollments
in rotating
categories, and no limits on the amount of cash back that you earn, which makes it easy to earn cash back on groceries and other
everyday spending.
The best cash back credit cards offer cash back
in several popular
categories such as travel, airlines, hotels, grocery, gas, restaurants and
everyday spending, among others.
Your goal with the Blue Cash
Everyday ® Card from American Express is to
spend enough
in the higher cash back
categories to beat the flat 2 % on all purchases you can get with a card like the Citi ® Double Cash Card — 18 month BT offer.
Our take: A good card to use for
everyday errands, the Bank of America Cash Rewards card offers a generous 3 percent
spending bonus on gas purchases and a respectable 2 percent bonus on groceries; however, there is a strict $ 2,500 cap on combined purchases
in these
categories each quarter.
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.
If you want to earn rewards for
everyday spending on gas, groceries and restaurants you will want to look for a card offering the highest cash back
in those
categories.
Fortunately, it shouldn't be too tough to rack up $ 25
in rewards considering the
everyday spending categories.
Our take: A good card to use for
everyday errands, the Bank of America Cash Rewards card offers a generous 3 percent
spending bonus on gas purchases and a respectable 2 percent bonus on groceries; however, there is a strict $ 2,500 cap on combined purchases
in these
categories each quarter.
Unlike most point - based rewards cards, which usually allow you to apply statement credits to any purchase, and even sometimes allow you to deposit your cash back into a bank account, the American Express
Everyday card only allows you to apply statement credits to purchases
in some
spending categories.
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.
So,
in short, there's not a ton to say about this card except that it's a solid new choice for your
everyday (non-bonus
category)
spend.
Like Chase Sapphire Preferred, there are no foreign transaction fees, but the card really shines
in its
everyday spending bonus
categories.
If you make this
spend in the «
Everyday Purchases»
category it will cound towards your $ 50K limit.
For example, if you
spend heavily
in the «other»
category listed above, then the Blue Business Plus could eclipse the
Everyday Preferred.
It's these two cases where cash - back cards make sense to at least have as an option --(1) for people who don't have large
everyday bonus
category spend to achieve the redemption threshold for airline miles and (2) for people with large mileage balances where the marginal value of another point
in that program is low.
You can earn a large amount of cash back with this card on your
everyday spending, with no rotating
categories to enroll
in or keep track of.
The Amex
EveryDay ® Credit Card Preferred card offers 3 points per dollar
spent at U.S. supermarkets on the first $ 6,000
spent per year
in the
category and 2 points per dollar at U.S. gas stations.
(Blue Cash
Everyday has no annual fee and offers 3 % cash back at U.S. supermarkets on the first $ 6,000
spent in the
category, 2 % cash back at U.S. gas stations and select department stores, and 1 % cash back on everything else.)
Point multipliers
in bonus
categories are quite lucrative, but given the lower value of Hilton Honors points, the earnings on
everyday spending aren't that strong.
«With the U.S. Bank Cash + Visa, you choose where you can earn 5 percent cash back
in two
categories and 2 percent cash back
in some
everyday -
spend categories each quarter,» said Bob Daly, senior vice president of rewards for U.S. Bank.
Cash back credit cards offer differing rewards rates based on
spending habits: Some are optimal for
spending in specific
categories, while others are optimal for
everyday expenses.
Even beyond gas and restaurant purchases, you have the opportunity to earn bonus cash back
in popular business
spending categories so even your
everyday purchases can snag you some cash back.
The new American Express
EveryDay and
EveryDay Preferred cards also earn transferable Membership Rewards points and, since the
EveryDay Preferred card can earn 1.5 points for non-bonus
category spending (along with 3 for gas and 6 for up to $ 6,000 of groceries per year), it is potentially the most lucrative single points card for those of us crazy people who live
in the United States most of the year and only travel a few weeks or months a year.
Personally I value Ritz - Carlton points at ~ 0.8 cents, so to me this isn't a very good return on
everyday spend, as you can do better with other cards
in most
categories.
Unlike many other cards, the Double Cash card has no
category restrictions, no enrollments
in rotating
categories, and no limits on the amount of cash back that you earn, which makes it easy to earn cash back on groceries and other
everyday spending.
Korean Air SkyPass is a Chase Ultimate Rewards transfer partner, which is one of the easiest points currencies to come by,
in my opinion, thanks to the generous sign - up bonuses and
category bonuses for
everyday spend on those cards:
In addition to paying... Continue reading Part 2 of Earning Points and Miles:
Everyday Spending and
Category Bonuses
Massive signup bonuses, strategic
spending in specific
categories or using your credit card for
everyday purchases aren't the only way to rack up rewards.