{"id":38660,"date":"2020-05-07T16:00:33","date_gmt":"2020-05-07T23:00:33","guid":{"rendered":"https:\/\/bensbargains.com\/thecheckout\/?p=38660"},"modified":"2020-06-22T14:50:33","modified_gmt":"2020-06-22T21:50:33","slug":"heres-the-top-5-credit-card-rewards-for-q2-2020","status":"publish","type":"post","link":"https:\/\/bensbargains.com\/thecheckout\/features\/heres-the-top-5-credit-card-rewards-for-q2-2020\/","title":{"rendered":"Here\u2019s the Top 5 Credit Card Rewards for April – June 2020"},"content":{"rendered":"
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While plenty of retailers have their own credit cards to earn a percentage back on a purchase or 0% interest for 6 to 12 months (along with astronomical interest rates if you don’t pay it off each month), many third party cards offer expanded options for rewards at your everyday retailers and other companies.<\/p>\n

Here’s a collection of the top 5 cards you should be looking at as we move into Spring 2020.<\/p>\n

1. Chase Freedom<\/h4>\n

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Between April 1, 2020 and May 31, 2020, the Chase Freedom card<\/a> offers 5% back (up to $75 back on $1,500 in purchases) at\u00a0grocery stores, fitness clubs and gym memberships, select streaming services.\u00a0While this isn’t as impressive as the 6% back on grocery purchases from the AMEX\u00a0Blue Cash Preferred (mentioned below), it doesn’t have an annual fee (which the AMEX card requires).<\/p>\n

All the major grocery store chains are covered, over 80 stores in total. However, this does not include warehouse stores like Walmart & Target that happen to have a grocery section. It also doesn’t include drugstore chains that sell grocery items. As for fitness chains, there are over 40 included including major ones like 24-Hour Fitness, SoulCycle and LA Fitness.<\/p>\n

Streaming services included this quarter are Apple Music, Disney+, ESPN+, Fubo TV, Hulu, Netflix, Pandora, SiriusXM, Sling, Spotify, Vudu, and YouTubeTV.<\/p>\n

2. Discover it Cashback<\/h4>\n

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Between April 1, 2020 and May 31, 2020, the Discover it Cashback<\/a> card offers 5% back\u00a0(up to $75 back on $1,500 in purchases) at gas stations, ride-sharing services like Uber & Lyft as well as wholesale clubs.<\/p>\n

Be aware that the gas station category does not include grocery stores or superstores that happen to have a gas station attached. There are no limitations on the ride-sharing charges. Regarding wholesale clubs, check with your local club to see if they accept Discover. Some clubs do no accept the Discover card.<\/p>\n

3. Citi Dividend Card<\/h4>\n

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Between April 1, 2020 and May 31, 2020, the Citi Dividend Card<\/a> offers 5% back (up to $300 back on $6,000 in purchases) at drugstores and Amazon. Be aware that the\u00a0$300 on $6,000 in purchases is specific to the calendar year. If you already earned $200 in rewards using the card during the first 9 months of the year, you would only be able to earn $100 back in the last 3 months. Sadly, Citi has closed out the card for new signups, but existing users can still take advantage.<\/p>\n

4. AMEX Blue Cash Preferred Card (Annual Fee Required)<\/h4>\n

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Between April 1, 2020 and May 31, 2020, the American Express\u00a0Blue Cash Preferred Card<\/a> offers\u00a06% Cash Back at U.S. supermarkets (up to $360 back on $6,000 in purchases) as well as\u00a06% on streaming subscriptions &\u00a03% on\u00a0transit.<\/p>\n

This card can be particularly useful for anyone with large families that spends quite a bit at the supermarket each month. It’s also good for the entire year (not specific to Q4), thus you can continue to save at the grocery store for 12 months.<\/p>\n

The only downside is the $95 annual fee, but that’s easily mitigated with the $250 back on $1000 of purchases for new customers. If you don’t want the annual fee, you can step down to the Blue Cash Everyday card (which offers 3% back at grocery stores, same cap on total purchases).<\/p>\n

5. US Bank Cash Plus<\/h4>\n

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The US Bank Cash Plus card<\/a> is unique due to the fact that you can select the cashback categories that you want each quarter. After you sign up, you can select two different 5% cashback categories as well as one 2% cashback category.\u00a0The new 5% category for Q2 2020 is TV, Internet % Streaming Services.<\/p>\n

For instance, if you know you want to buy a new couch soon, you can select the furniture store category to get 5% back on your purchase. Other 5% categories this quarter include electronics stores, utilities, gyms, department stores and fast food. The 2% categories include grocery stores, gas stations and restaurants.<\/p>\n

Bonus: The Best Retailer Cards<\/h4>\n

As mentioned earlier, the best store cards are offered by Amazon and Target. Both retailers offer cards that offer 5% cashback without any cap on total purchases for the year. Other benefits include:<\/p>\n