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3rd Quarter 2016 5X Bonus Categories
Congratulations. You successfully navigated through half of 2016. While that achievement will mean different things to different people, for us rewards junkies it means that the 5X/5% categories on our favorite cards have changed. Let’s take a look at this quarter’s categories for Chase Freedom, Discover it and Citi Dividend and see how to maximize them.
Chase Freedom 3Q 5X
Chase Freedom will earn 5% at the following types of stores in the 3rd quarter of 2016 on up to $1,500 in spend:
- Warehouse Clubs such as Costco or Sam’s Club
Best Uses: Use for all of your non-chain dining (you can often save more than 5% on chain gift cards from third parties.) You can also purchase a wide range of gift cards at places like Costco.
Activating: You need to login to your Freedom account and activate the 5%/5X categories before September 14, 2016 to be eligible. Thankfully if you register, they will retroactively give you the bonus points, although you should just do it now!
Discover it 3Q 5%
Discover it will earn 5% at the following types of stores in the 3rd quarter of 2016 on up to $1,500 in spend:
- Home Improvement Stores
Best Uses: Many home improvement stores sell gift cards, although you should always look at the third party market before purchasing. This could also be a way to lock in 5% savings at Amazon as well by purchasing their gift cards. If you still have doubling, it could become 10%!
Activating: Discover won’t start paying 5% in these categories until you activate the bonus on your account. Make sure to login to do it before making any purchases.
Citi Dividend 3Q 5%
Citi Dividend pays out a maximum of $300 per year in cashback. There is no quarterly limit, but once you reach the max you don’t earn anymore.
The Dividend will earn 5% at the following types of stores in the 3rd quarter of 2016:
- Car Rentals
Best Uses: This could be a way to lock-in 5% savings at Hilton, but it isn’t a great opportunity. I am personally saving my $300 cashback until the 4th quarter when Best Buy and Department stores are paying 5%!
Activating: You must activate this bonus on your account by signing in if you want to earn 5% in these categories for the 3rd quarter.
It is tough at first when the quarters change since we must shuffle around cards in our wallet, but being able to earn 5% is a great thing. While I will miss the Freedom’s 2nd quarter grocery bonus, I’m glad it has restaurants on the list for this quarter and Discover’s 5% at Amazon isn’t bad either. Happy 5Xing!
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.