With Mother’s Day just around the corner, I thought I’d do a quick video/post on how you can maximize your point earnings buying things like gift cards. Earning points with gift cards is an easy way to get your family members gifts while also taking advantage of credit card bonus categories.
Certain credit cards award bonuses for grocery and drugstore spending. One such card is the Chase Freedom, which has a 5x rotating bonus category every quarter. This quarter, it happens to be drug stores and grocery stores. Therefore, any gift cards I want to purchase I can get from my local grocery store and earn five points per dollar.
Now the Chase Freedom Card isn’t the only card with a bonus at the grocery store. There are other cards that offer similar bonuses. An example is the American Express Blue Cash Preferred card. This card offers 6% cash back on grocery spending.
Another one of my favorite cards is the Chase Ink Cash card. This business card allows me to earn five points at office supply stores. This includes stores like Staples and Office Depot. If you’re interested in getting a business credit card, check out our video/post on the topic.
Do you buy gift cards in order to maximize point earnings? Please let us know in the comment section below.