The following credit cards offer 5% cashback bonus promotions — usually on a quarterly rotating basis in select categories of goods and stores. The best strategy is to have several of these reward cards so all your categories are covered and you ensure that you don’t hit the cap where your reward is reduced to just 1%.
For specific cash back information, click on the links to get the latest information.
|Credit Card||Annual Fee||Notes|
|Amazon Prime Rewards Visa® Signature Card||none||5% cash back at Amazon.com and Whole Foods Market with eligible Prime membership.
|Discover Cards||none||You can earn 5% Cashback Bonus on up to $1,500 in category purchases each quarter. The category changes quarterly, you have to activate the cashback each quarter.
Earn 5% Cashback Bonus at Amazon.com, Target and Walmart.com from October to December, on up to $1,500 in purchases.
|Citi® Dividend||none||Earn 5% cash back every quarter in different categories. The total cash back you can earn with the card is $300 per calendar year.
Earn 5% Cashback Bonus at Best Buy and Department Stores from October to December.
|Chase Freedom®||none||You will earn 5% cash back each quarter on up to $1,500 in combined purchases in that quarter’s bonus categories. Plus you get unlimited 1% cashback on all your purchases.
Earn 5% Cashback Bonus at Department Stores from October to December.
|Nusenda Credit Union Visa® Platinum Cash Rewards||none||Earn 5% cash back on purchases in quarterly rotating categories, and 1% cash back on all purchases.
New cardholders earn 2% cash back on all purchases for the first 90 days!
Earn 5% Cashback Bonus at restaurants, hotels, and airfare from October to December.
|Target REDcard™||none||All Target store and online purchases except gift cards or prescriptions. 5% discount is stackable with other Target coupons and promo codes.|
|Lowe’s Advantage Card||none||5% off when you shop at Lowe’s|
|Costco Anywhere Visa®||none||This one is an honorable mention:
This page does not include all available credit card offers or cards from all issuers; and it was not reviewed by, endorsed, or approved by the issuers mentioned on this page.
Pinyo Bhulipongsanon is the owner of Moolanomy Personal Finance and a Realtor® licensed in Virginia and Maryland. Over the past 20 years, Pinyo has enjoyed a diverse career as an investor, entrepreneur, business executive, educator, financial literacy author, and Realtor®.