Rotating Categories
GeneralGlossary term
Definition
Bonus rewards categories that change quarterly, offering higher cashback (typically 5%) on specific spending like gas, groceries, or restaurants. Requires activation each quarter.
Related terms
- CashbackA credit card reward that returns a percentage of purchases as cash. Common rates are 1-2% on all purchases, with higher rates (3-5%) on specific categories like gas or groceries.
- Rewards ProgramA credit card incentive system offering cashback, points, or miles for purchases. Value varies by redemption method, with travel typically offering the highest value per point.
Get advice that uses your real numbers
Warren reads your accounts and explains what terms like this mean for your plan. Free to start, no credit card required.