When it comes to cash back credit cards, those that offer rotating “bonus categories” are the most complicated, but can also be the most valuable.
In simplest terms, these cards have a base rewards rate cardholders will earn on any eligible purchase. However, they also offer bonus categories with a significantly higher cash back rate at certain times. These bonus categories usually change quarterly (every three months). In some cases, the card issuers choose the bonus categories for you, while you choose the category in others. Another format is that the category automatically adjusts based on your spending in a given billing cycle.
These bonus categories often offer 5% cash back on eligible purchases. With the right planning, your cash back on these cards can stack up quickly. There are certain rules you want to beware of, such as fees, “spending caps” and activation requirements that could impact your earning.
So, which rotating cash back cards stand out in a crowded marketplace? Our editors have done the research for you and put together the following list of the rotating category credit cards.
