Some CCs offer 3% cash back for the selected category each quarter such as BBVA Compass ClearPoints and BoA Cash Rewards. Can I keep selecting the same category such as gas for each quarter if I tend to spend a lot in that category year-round?
@Penemonie, I don't have the Cash Rewards so I can't speak to that from personal experience, but I do have the BBVA/Compass ClearPoints, and you certainly can choose the same categories repeatedly quarter after quarter... I've been doing it for a year and a half now.
I suspect the same is true with the BoA Cash Rewards, but I'll defer to someone who has the card to elaborate.
|Amex BCE $40k || BoA Travel $5k || FirstTech MC $5k || BECU PLoC $10k || Discover Miles $27.7k || CITI DC $27.5k || CHASE Amazon $12.5k || BoA Premium Rewards $31k || BoA Cash Rewards 26k // AU on DW's Costco Visa $12k||FICO8 774|
Last Inq 04/2018
With the BOA card you can definitely select the same one each month. If you do nothing it will remain the same so in fact you don't even need to do anything.
Yes you can. I do it with my US Bank Cash Plus and the BBVA Clearpoints. If you couldn’t, that would somewhat defeat the purpose of a card with rewards that you can choose.