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This promotion has ended, however, you can check out the Current Discover Quarterly Bonus promo.
It's that time of year! If you don't have the time or energy for in-store shopping, or you just want to get more bang for your buck, online shopping can be your best friend this season. Stay sane and earn more rewards points or cash back on your purchases by taking your holiday shopping online. Here's how.
5%-10% Cash Back with Category Bonuses
The Chase Freedom® & Discover it® Card‘s both offer 5% cash back on quarterly rotating categories, with their fourth quarter conveniently including online stores. To sweeten things even more, the Freedom Card just announced a special promotion of 10% cash back this quarter! That's double the standard 5% back.
From November 23rd to December 31, 2015, you will earn 10% back with the Freedom Card on Amazon, Zappos, diapers.com, and audible purchases. The 10% earning is capped at $1,500 in purchases, and you must activate by December 14, 2014.
If you maxed out this offer, you would receive $150 cash back. If you're more interested in travel rewards, you can combine your Freedom Card points with your Chase Sapphire Preferred® Card or Ink Business Preferred℠ Credit Card Ultimate Rewards accounts to book travel through their portal or transfer your points out to any of the Ultimate Rewards travel partners.
The standard bonus on the Freedom Card was recently raised to $150, or 15,000 points, after spending $500 in 3 months on purchases. You can receive an additional $25, or 2,500 points, if you add an authorized user and they make a purchase in the same time period.
The Discover it has 5% cash back earning this quarter at Amazon.com, department stores, and clothing stores. 5% cash back earning is capped at $1,500 in purchases.
The Discover it is a no annual fee cash back card and doesn't currently come with a signup bonus, but new applicants will receive double cash back for the first year!
Apply: Discover it® Card
Shopping portals are a great way to increase your earnings on purchases you're going to making anyway. Most rewards programs have shopping portals where you can earn mega miles per $1 just by clicking on their link to get to the online site where you want to shop.
For example, Chase Ultimate Rewards is currently offering 5 points per dollar at Nordstrom or 2 points per dollar on Apple purchases.
And many of these shopping portals will be having holiday deals, so make sure to do a price comparison for the item you're looking to purchase, and then compare shopping portal bonuses for that store.
You can find these shopping portals by logging into your loyalty program accounts online. To make sure you're earning the best bonus, you can check EVreward, which compares shopping portals and shows which are offering the best bonuses.
Meet Minimum Spends
If you're going to be spending cash this holiday season, make sure that you stay within your means! But a good way to maximize your holiday spending is to time it while you're meeting a minimum spending requirement on a rewards card for a mega signup bonus.
Our top pick: The Chase Sapphire Preferred® Card.
Whether you're shopping online for Christmas gifts, or taking advantage of Cyber Monday, Black Friday, or any other deals, these tips will help you maximize the rewards you earn on your purchases.
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