Introduction
When it comes to cash back credit cards, Chase is one of the most popular choices among consumers. One of the reasons for this is their rotating cash back categories. Every quarter, Chase offers bonus cash back on select categories, which can help cardholders earn more rewards. In this article, we will be discussing the Chase cash back calendar for 2024, what categories will be eligible for bonus cash back, and how you can maximize your rewards.
What is the Chase Cash Back Calendar?
The Chase cash back calendar is a schedule of bonus categories that will earn cardholders extra cash back throughout the year. These categories change every quarter and can include popular spending categories like gas stations, grocery stores, and restaurants. The cash back percentage also varies from quarter to quarter, so it's important to check the calendar regularly to see what categories are eligible for bonus cash back.
How Does the Chase Cash Back Calendar Work?
Each quarter, Chase will designate certain categories as eligible for bonus cash back. Cardholders can earn up to 5% cash back on purchases made in these categories, up to a quarterly maximum of $1,500. Any purchases made outside of the bonus categories will earn 1% cash back. It's important to note that you must activate the bonus categories each quarter in order to earn the extra cash back.
What Categories Will be Eligible for Bonus Cash Back in 2024?
While the specific categories for 2024 have not been announced yet, we can make some educated guesses based on past years. In 2023, some of the bonus categories included gas stations, streaming services, and department stores. We can expect similar categories to be included in 2024, but it's important to check the calendar when it's released to see the exact categories and cash back percentage.
How Can You Maximize Your Rewards?
If you have a Chase cash back credit card, there are a few ways you can maximize your rewards. First, make sure to activate the bonus categories each quarter. You can do this online or through the Chase mobile app. Second, try to use your card for purchases in the bonus categories, up to the $1,500 quarterly maximum. Finally, consider pairing your Chase cash back card with another credit card that offers bonus cash back on other categories, like travel or dining. This can help you earn even more rewards on your everyday spending.
Question and Answer
Q: Do I need to activate the bonus categories every quarter?
A: Yes, you must activate the bonus categories in order to earn the extra cash back. You can do this online or through the Chase mobile app.
Q: Is there a limit to how much cash back I can earn?
A: Yes, there is a quarterly maximum of $1,500 in purchases for the bonus categories. Any purchases made outside of the bonus categories will earn 1% cash back.
Q: Can I use my Chase cash back card for purchases outside of the bonus categories?
A: Yes, you can use your card for any purchases, but you will only earn 1% cash back on purchases outside of the bonus categories.
Q: What happens if I don't activate the bonus categories?
A: If you don't activate the bonus categories, you will not earn the extra cash back. Any purchases made in the bonus categories will only earn 1% cash back.
Q: Can I use my Chase cash back rewards for anything?
A: Yes, you can use your rewards for statement credits, gift cards, travel, and more. You can also transfer your rewards to other Chase Ultimate Rewards cards for even more redemption options.
Conclusion
The Chase cash back calendar is a great way for cardholders to earn extra rewards on their everyday spending. By activating the bonus categories each quarter and using your card for purchases in those categories, you can maximize your rewards and earn even more cash back. Remember to check the calendar regularly to see what categories are eligible for bonus cash back, and consider pairing your Chase cash back card with another credit card to earn even more rewards.
