{"id":7492,"date":"2024-11-07T22:00:48","date_gmt":"2024-11-07T22:00:48","guid":{"rendered":"https:\/\/finderica.com\/flat-rate-cash-back-cards-vs-bonus-category-cash-back-cards\/"},"modified":"2024-11-07T22:00:48","modified_gmt":"2024-11-07T22:00:48","slug":"flat-rate-cash-back-cards-vs-bonus-category-cash-back-cards","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=7492","title":{"rendered":"Flat-rate cash back cards vs. bonus category cash back cards"},"content":{"rendered":"\n<div class=\"flex flex-col gap-8 my-6\">\n<div class=\"ProsAndConsList\" data-js-selector=\"ProsAndConsList\">\n<div class=\"ProsAndConsItem\">\n        <!-- htmlmin:ignore --><\/p>\n<h3 class=\"ProsAndConsItem-header\">\n    Pros of bonus category cash back cards<br \/>\n<\/h3>\n<p><!-- htmlmin:ignore --><\/p>\n<ul class=\"ProsAndConsItem-list\">\n<li>\n                    <b>They provide a higher cash back rewards rate.<\/b> Bonus category cards offer a higher rewards rate in certain purchase categories. These categories may change quarterly, offering up to 5 percent back. If you maximize bonus category spending, you can earn substantial rewards.\n                <\/li>\n<li>\n                    <b>You\u2019ll see a variety of cash back categories.<\/b> Bonus category cards allow you to earn a boosted rate in a number of categories like retail stores, streaming services and gyms. You can align your spending habits with the card to maximize rewards.\n                <\/li>\n<li>\n                    <b>They encourage a hands-on approach.<\/b> Bonus category cards require some strategy to maximize their rewards. This might help you keep a close eye on your budget and spending.\n                <\/li>\n<\/ul><\/div>\n<div class=\"ProsAndConsItem\">\n        <!-- htmlmin:ignore --><\/p>\n<h3 class=\"ProsAndConsItem-header\">\n    Cons of bonus category cash back cards<br \/>\n<\/h3>\n<p><!-- htmlmin:ignore --><\/p>\n<ul class=\"ProsAndConsItem-list\">\n<li>\n                    <b>They might have a category spending cap.<\/b> While it varies from card to card, some bonus categories drop to a 1 percent rewards rate once you hit a certain spending threshold.\n                <\/li>\n<li>\n                    <b>Maximizing takes planning.<\/b> Bonus categories may change quarterly, so it can be tricky to maximize rewards without planning your purchases in advance. If you don\u2019t earn on a bonus category, you may only earn 1 percent on other purchases.\n                <\/li>\n<li>\n                    <b>Quarterly activations are sometimes required.<\/b> Some cards require you to activate your bonus categories each quarter. If you forget, you won\u2019t get the boosted rate.\n                <\/li>\n<\/ul><\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/www.bankrate.com\/credit-cards\/cash-back\/flat-rate-vs-bonus-category-cash-back-credit-cards\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pros of bonus category cash back cards They provide a higher cash back rewards rate. Bonus category cards offer a higher rewards rate in certain purchase categories. These categories may change quarterly, offering up to 5 percent back. If you maximize bonus category spending, you can earn substantial rewards. You\u2019ll see a variety of cash<\/p>\n","protected":false},"author":1,"featured_media":7493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[220],"tags":[202,420,356,2216,2215],"class_list":{"0":"post-7492","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-credit-cards","8":"tag-bonus","9":"tag-cards","10":"tag-cash","11":"tag-category","12":"tag-flatrate"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7492"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/7493"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}