PSA: Activate Your 5% Bonus Categories for 2023 Q4 Now!

The Discover it has a quarterly cap of $1,500 in spend on 5% categories. The categories used be made available at the beginning of each calendar year, while they are now published every quarter like Freedom since 2023. Remember that all new Discover it cardholders will earn double cash back earned in the first 12 months of card membership, including on cash back earned in bonus categories, making quarterly category spend worth 10% back in the first year!

The US Bank Cash+ card allows you to earn 5% cash back in two categories of your choice every quarter, up to $2,000 in combined spend. It also allows you to choose a 2% cash back category every quarter. The image below shows which categories are available for 5% (top) and 2% (bottom) cash back. Note that you need to activate the 5% category every quarter (unlike BoA Cash Rewards which you still earn 3% for the previously chosen category if you forget to choose categories later on).