It looks like we are having a quarterly face-off between Discover and Chase in Q1 of 2016. We already mentioned that Discover’s Q1 5% Cashback is Gas and Ground Transportation services, and guess what? The same category is also offered for Chase for the same time period (January 1st through March 31st). The usual limit of $1500 per quarter per credit card applies.
As you can (barely) see above, this is not just gas, but also a variety of other transportation services, including buses, trains, taxis, and subways. But not everything is covered, for example, Amtrak, parking fees and tolls are EXCLUDED! Check your account page for more details.
Opinion: Unless you are spending a lot of money in this category, this is not nice. It is better when different credit cards have different categories for their rotating categories, so you can maximize the cashback of more of your purchases.
The other Quarterly Chase offers for 2016
But that’s not all. Chase also revealed the rest of their quarterly categories for 2016. Q2 looks very promising with 5% on Grocery Stores. This is great because most grocery stores also sell gift cards for a variety of other retailers, so you can proxy-get 5% rewards for purchases at non-grocery places. Their teaser also says “and more” which could mean anything.
Meanwhile their Q3 teaser is Restaurants, and more. Typically their definition of restaurants includes coffee shops, so your can use these to feed your Starbucks addiction 🙂
Finally Q4 has the holiday shopping, which typically means Amazon and perhaps some department or clothing stores. Chase used to feature Kohls in at least two of their quarterly rounds, so it will be interesting to see whether this happens again.
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