Cash Rewards Credit Card

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Credit cards

Cash Rewards Credit Card

The Fulton Bank Rewards card’s unique rewards earning scheme is appealing for cardholders seeking flexibility, but the purchase cap on bonus categories limits its potential value. While it can be a good option for moderate spenders looking to earn rewards on everyday purchases, it is not the best option for big spenders looking to maximize cash back.One appealing feature of the SunTrust Rewards card is a flexible rewards rate that lets users choose their own bonus category. The card awards 3 percent cash back on a category of choice – gas, online shopping, dining, travel, drug stores or home improvements and furnishings. The card also includes 2 percent cash back on grocery store and wholesale club purchases and 1 percent cash back on general purchases. Just keep in mind that there is a $2,500 combined purchase limit on 2 and 3 percent categories each quarter. The ability to choose your own bonus category makes the card extremely customizable, especially because you can change your selection once each calendar month. That means if you are planning a trip one month, you can opt for the travel option – and then switch the following month to a category you’ll spend more in like gas or dining. This unique feature might be common among business cards, but the Bank of America Cash Rewards card is one of very few personal cards offering the perk.