The credit cards below offer up to 5% cash back on specific categories that rotate each quarter. It takes a little memory of which card to use, but it can add up to hundreds of dollars in additional rewards per year without changing your spending habits. New cardmembers may also get an upfront sign-up bonus in addition to the 5% cash back each quarter.
Chase Freedom – $200 NEW Bonus
From January 1st through March 31st, you can earn 5% cash back on up to $1,500 spent in the following categories:
- Gas Stations
- Internet, Cable & Phone Services. Internet, cable, satellite television and radio, cellular, wireless data, and landline services will qualify.
- Select Streaming Services. The full list is Disney+, Netflix, Hulu, Sling, Vudu, Fubo TV, Apple Music, SiriusXM, Pandora, Spotify, YouTube TV, and ESPN+.
Enroll each quarter at ChaseBonus.com. As long as you activate by the end of the quarter the rewards are retroactive. All other purchases earn 1% back, with no tiers or expiration of rewards.
Chase Freedom card is offering $200 bonus cash back if you sign up and make $500 in purchases in your first three months. No annual fee.
Discover it Card – $100 Bonus New Sign-Ups
From January 1st through March 31st, you can earn 5% cash back on up to $1,500 spent in the following categories:
- Grocery Stores
- Walgreens
- CVS
Enroll after logging into your online account (look on the right-hand side). 5% rewards won’t apply until after you activate your rewards, so it is best to activate now before you forget. No annual fee.
New cardmember bonus details. If you are a new applicant and sign up via my Discover Card referral link, you will get a $50 Cashback Bonus after your first purchase within 3 months of being approved. You will also get Cashback Match for an entire year – a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
During those 12 months, your $50 Cashback Bonus becomes $100, your 5% cash back rewards becomes 10% cash back, and your 1% cash back rewards become 2% cash back. You can verify this on the application by clicking on “See rates, rewards and other info” and searching for “cashback match” and “statement credit offer”:
Cashback Match: No purchase minimums. After the first 12 consecutive billing periods that your new account is open, we will match all of the cash back rewards you’ve earned and apply them to your account in the following one or two billing periods. If your account is closed or no longer in the cash back reward program at the time we calculate your potential award, your cash back will not be matched. You’ve earned cash back rewards when they have posted to your account by the end of the 12th consecutive billing period. This promotional offer may not be offered in the future. This exclusive offer is available only to new cardmembers.
TERMS OF STATEMENT CREDIT OFFER: Get a $50 Statement Credit after you make your first purchase within 3 months of being approved. Promotional award will be applied within 8 weeks. The promotional award is in addition to the Cashback Bonus earned on all purchases.
