However, there are better cards out there that offer greater earning
potential on bonus categories, such as 5X on office supplies, 3X on travel, 2X on dining and more.
That earning
potential on the bonus categories is decent, although it's limited for supermarkets to $ 6K per year.
Not exact matches
But if a rewards card is offering you 5 % cash back
on your gas purchases and you're using another card in your wallet during that time — well, you're giving up a
potential of $ 75 in cash over a three - month period (Chase and Discover's rewards for 5 % in
bonus categories are limited to the first $ 1,500 in combined spending in the special rewards
categories).
It is usually advertised as a cash back card, but when used to its full
potential, it can earn 1X Ultimate Rewards point
on all purchases and most importantly, 5X Ultimate Rewards points per dollar
on rotating quarterly
bonus categories.
On the other hand, due to my relatively low credit limit, and reports of account closures for abusing bonus categories, my manufactured spending on that card is necessarily limited (see below for two more cards with similar potential
On the other hand, due to my relatively low credit limit, and reports of account closures for abusing
bonus categories, my manufactured spending
on that card is necessarily limited (see below for two more cards with similar potential
on that card is necessarily limited (see below for two more cards with similar
potential).
Now, Im pretty sure those calculations (from 2014) did not factor in the new
bonus category of 2x
on dining
on the PRG and I don't think they factored in the
potential for 4x
on airfare, so it's quite possible that the PRG could outdo the EDP or at least make the comparison a lot closer.
And you should also check out what kind of
bonus categories are
on the major cards to see which cards might offer you the most earning
potential in the long - run.
On top of that, it still has a decent earning
potential with its
bonus categories.
I'm not big
on most co-branded cards for their
bonus category spend
potential.
The EveryDay Preferred Card is one of the best
bonus category earning cards (if not the best) out of all the rewards credit cards with its
potential 50 %
bonus on earnings at the end of each month.
It is usually advertised as a cash back card, but when used to its full
potential, it can earn 1X Ultimate Rewards point
on all purchases and most importantly, 5x Ultimate Rewards points per dollar
on rotating quarterly
bonus categories.
They offer some unique perks and have more earning
potential since you'll get a
bonus on more
categories of purchases.
The Citi Premier offers some of the best
bonus earning
potential with 3X
on a broad travel
category that also includes gas (unlike other cards like the Chase Sapphire Preferred / Reserve).
The Citi ThankYou ® Premier Card offers some of the best
bonus earning
potential with 3X
on a broad travel
category that also includes gas (unlike other cards like the Chase Sapphire Preferred / Reserve).
This offers solid
bonus earning
potential and the travel
category is one of the broadest available, offering 2X
on a broad range of expenses from hotels, tolls, parking, bus fairs, train tickets, airline tickets, and even some random travel expenses like scuba diving.
While the Marriott Rewards Premier and Chase Sapphire Preferred cards are both good for travel purchases, earning 1X for that
bonus category, if you spend a lot
on travel for your business, you may want to consider the Ink Business Preferred credit card for the maximum earning
potential.
Potential credit card customers and current cardholders alike, though, are likely to determine which card (s) are right for them based
on the differences among travel credits,
bonus categories, and an array of other travel benefits.