My friends say I have a card for everything. If I’m not trying to meet a minimum spending, then I will use the credit card that gives me the most rewards back. Logically right? Certain credit cards provide bonus points for spending in certain categories. As you might guess, most hotel or airline specific cards have bonus points when you spend money at that specific hotel/airline. I won’t go in to detail about those category bonuses. Here are a few that I thought I would highlight:
Chase Sapphire Preferred – 2 Ultimate Rewards (UR) for every $1 spent on Travel or Dining
Chase Freedom – 5 Ultimate Rewards for every $1 spent on rotating categories that change every quarter. For example, in 2016 the category bonuses are: Gas/Transportation, Grocery Stores, Restaurants, and Holiday Shopping (in 2015, they gave 10 Ultimate Rewards for purchases at Amazon)
Chase Ink – 5 Ultimate Rewards for every $1 spent at Office Supply Stores/Cable/Cell Phone/Internet and 2 Ultimate Rewards for gas stations and hotel accommodations. There are also some websites that have been known to code as Office Supply Stores when purchases are made through Paypal.
Citi Premier/Prestige – 3 ThankYou Points for every $1 spent on travel (gas, airfare, cruises, public transit, etc), 2 ThankYou Points for every $1 spent on dining out and entertainment.
AMEX Everyday Preferred – 3 Membership Rewards for every $1 spent at grocery stores, 2 Membership Rewards for gas stations. They also give a 50% points bonus if you have 30 transactions in a billing cycle. 30 transactions may sound like a lot, but here is how you can easily meet it.
AMEX Premier Rewards Gold (PRG) – 3 Membership Rewards for every $1 spent on airfare, 2 Membership Rewards for gas and restaurants, 2 Membership Rewards for supermarkets.
Discover IT/More – Much like the Chase Freedom, Discover offers rotating categories each quarter that you’ll receive 5% back at. These categories vary from year to year.
These are just a few of the many cards that provide extra bonuses for spending in certain categories.