A lot many times you may be rewarded for every penny you spend using cash back credit card offers while cards offer give you bonus categories and lets you collect rewards for everything you shop.
The Chase Freedom is one such option that offers 5% cash back on the first $1,500 that you spent in the special bonus categories along with 1% on other purchases. There are several cards that can be placed in this category.
You can always maximize your spending by using cards with special bonus categories. This agenda mostly works when you spend more in certain areas. The Capital One Savor Cash Rewards Credit Card’s new version is truly intriguing.
You can easily get a 2% off on your grocery products and 4% on entertainment and dining out.
IS CAPITAL ONE SAVOR PERFECT FOR FOODIES?
If you love to spend all your money on food, then you have a good opportunity of saving some. The amazing proposition begins with bonus cash back of $500 on spending $3,000 using your card within 3 months of opening your account. You will also get 4% cash back on entertainment and dining out and further cash back of 2% in grocery stores.
Other huge benefit of this card is that you don’t have to pay the annual fee in the first year and after that an annual fee of $95 has to be paid. No foreign transaction fee is charged by the card and some bonus categories can be utilized outside U.S. as well. However, Target and Walmart are not covered in the category of grocery stores.
Looking at the figures, if you live in a family with kids, you are likely to spend around $1,000 each month on grocery. Even if you spend $12,000 in the entire year on grocery, then you can save 2% amounting to $240 in this category alone.
Source: Business Insider and USA Online News