5% Cash Back Cards: Gas Stations, Restaurants, PayPal, Car Rentals – July through September 2022

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

5percentbackActivation reminder for 2022 Third Quarter. The credit cards below offer 5% cash back and up on specific categories that rotate each quarter. It takes a little extra attention, but it can add up to hundreds of dollars in additional rewards per year without changing your spending habits. You can also buy gift cards at places with 5% back now but spend the gift cards later. (* Reminder that you can buy gift cards from lots of places at grocery stores…) New cardmembers may also get an upfront sign-up bonus.

Chase Freedom Flex Card

From July 1st through September 30th, 2022, you can earn 5% cash back (or 5X Ultimate Rewards points) on up to $1,500 spent in the following categories:

  • Gas Stations
  • Car Rental Agencies (including Hertz, Avis, National, Enterprise, Budget, Alamo, Dollar, etc)
  • Movie Theater
  • Select Live Entertainment (including Amusement Parks, Major Pro Sporting Events, and Ticketing Agencies)
  • Detailed merchant list

(The categories are also the same for the old Chase Freedom card, which is no longer available to new applicants.)

Enroll each quarter online in your Chase account or at ChaseBonus.com. As long as you activate by the 14th of the first month in each quarter, the rewards are retroactive. Technically, you earn Ultimate Rewards points which may be worth even more when converted to airline miles or hotel points instead of cash if you have a Chase Sapphire Preferred or Chase Sapphire Reserve card. You could also use the Pay Yourself Back tool to get 25% to 50% more than 1 cent/point value. Currently, the Chase Freedom Flex card is offering new applicants a $200 bonus if you sign up and make $500 in purchases in your first three months. No annual fee.

Discover it 14 ImageDiscover it Card

From July 1st through September 30th, 2022, you can earn 5% cash back on up to $1,500 spent in the following categories:

  • Restaurants
  • PayPal (includes PayPal wallet online, money transfers via PayPal using your card, and point-of-sale transactions using PayPal Here)

Enroll after logging into your online account. 5% rewards won’t apply until after you activate your rewards, so it is best to activate now before you forget. No annual fee.

Discover it $100 bonus details. If you are a new applicant and sign up via Discover Card referral link, you will get a $50 improved $100 Cashback Bonus after your first purchase within 3 months of being account opening. You will also get Cashback Match for an entire year – a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically. During those 12 months, your 5% cash back rewards becomes 10% cash back, and your 1% cash back rewards become 2% cash back. You can verify this on the application by looking under “Terms and Conditions” or searching for “cashback match” and “statement credit offer”:

Cashback Match: We’ll match all the cash back rewards you’ve earned on your credit card from the day your new account is approved through your first 12 consecutive billing periods or 365 days, whichever is longer, and add it to your rewards account within two billing periods.

* You will receive a $100 Statement Credit after making a purchase within three months of account opening. You must apply through your friend’s referral link and be approved by December 31, 2022 in order to be eligible for the $100 Statement Credit offer. Offer may not be combined with any other introductory offer. Promotional award will be applied within 8 weeks.

Citi Custom Cash Card. This new card offers 5% cash back on your *single* top eligible spending category up to $500 spent each monthly billing cycle (which effectively adds up to $1,500 a quarter). Eligible categories include broad ones like restaurants, gas stations, grocery stores, or select travel, but you only get 5% for the top category that month and 1% on everything else. To simplify things you could, for example, elect to only use this card for gas all year long.

Similar to the Chase Ultimate Rewards system above, this card and the Citi Double Cash card (earns 2% cash back) both technically earn Thank You points. You can’t convert your points to airline miles with this card alone, but you can transfer them to the Citi Premier Card, which does allow you to convert miles in various programs on a 1:1 basis including JetBlue, Cathay Pacific, EVA Air, Etihad, Flying Blue by Air France and KLM, Singapore Airlines, and Thai Airways.

Currently, the Citi Custom Cash card is offering new applicants a $200 bonus after you spend $750 on purchases in the first 3 months of account opening. You’ll actually get 20,000 ThankYou® Points, which can be redeemed for $200 cash back. No annual fee.

American Express Blue Cash Preferred Card.

  • 6% cash back at US supermarkets all year long (on up to $6,000 per year)
  • 6% cash back at select US streaming subscriptions (includes Disney+, Hulu, ESPN+, Netflix, Sling, Vudu, Fubo TV, Apple Music, SiriusXM, Pandora, Spotify, YouTube TV, and more).
  • 3% cash back at US gas stations and transit (taxis/rideshare, parking, tolls, trains, buses and more).

I use this card all year long for groceries and put all my streaming services on it, and then in December use up the $6k annual limit on gift cards bought in the supermarket aisle. New cardholders are also eligible for a generous welcome offer. See details in link.

U.S. Bank Cash+ Visa Signature Card. You must choose the two 5% cash back categories every quarter, out of a preset selection of specific categories:

  • Fast Food
  • Cell Phone Providers
  • Home Utilities
  • Ground Transportation
  • Select Clothing Stores
  • Electronics Stores
  • Car Rentals
  • Gyms/Fitness Centers
  • Sporting Goods Stores
  • Department Stores
  • Furniture Stores
  • Movie Theaters
  • TV, Internet, and Streaming Services

Unfortunately, you can’t pick a broad category like gas stations, restaurants, or grocery stores. Make sure to choose your categories each and every quarter, even if you want them to stay the same. If you do not choose your categories, all purchases revert to only earning 1% cash back for that quarter. No annual fee. New! $200 bonus after spending $1,000 in eligible purchases within the first 120 days of account opening.

Amazon Prime Rewards Card. Earn 5% back at Amazon.com and Whole Foods all year long. Prime membership required. New cardholder bonus varies by person. No annual fee.

Citi Dividend Card. This card has not been available to new applicants for years now, but if you still have the grandfathered card you can view and activate your quarterly 5% category here. Limit of $300 cash back for the calendar year.

Don’t settle for the “1% on everything else” that these cards offer. Get 2% cash back or higher. There are multiple options out there, here are the ones I’ve had for years. Check out the card-specific reviews for details.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

SoFi Personal Loan $600 Bonus (Targeted)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

SoFi is still in aggressive growth mode. If you have any SoFi accounts, look in your email inbox for something titled “[First Name], get a $600 bonus and seize your financial freedom” or “Special invite: [First Name], we’re excited to present a $600 bonus.” Mine was in my spam folder, but it contains a pretty good bonus if you are able to take out a fee-free loan and pay it back immediately (i.e. not spend it). Both my wife and I were targeted, and both offers require you to apply by end of day July 5th, so I wanted to send this out quickly.

Basically, the idea is that you take them up on this personal loan offer for the minimum amount of $5,000. SoFi charges no fees, so no application fee, no origination fee, no early payoff fee. You will get a hard pull on your credit report, but for me the $600 is worth it. So you get the $5,000, pay a day or two’s worth of interest (a few dollars), and then pay off the loan completely. Take the $600 bonus into your SoFi Checking and Savings account (which earns up to 1.50% APY and has its own $325 bonus) and walk away with

¹ SoFi Lending $600 into a SoFi Checking and Savings account on a SoFi personal loan offer: Terms and conditions apply. Offer is subject to lender approval. The offer is only open to new SoFi Personal Loan borrowers and may not be combined with other offers aside from the autopay discount, direct deposit discount, and direct pay discount. To receive the offer, you must: (1) register and apply through the promotion link for a SoFi Personal Loan by 11:59pm EST 7/5/2022; (2) complete and fund a loan application with SoFi before 11:59pm EST 7/8/2022; (3) have or open a SoFi Checking and Savings account within 60 days after starting a personal loan application; and (4) meet SoFi’s underwriting criteria. Once conditions are met, your $600 welcome bonus will be deposited into your SoFi Checking and Savings account within approximately 30 calendar days after earning the bonus. If you do not qualify for the SoFi Checking and Savings Account, SoFi will offer payment via ACH transfer pending completion of a W9 form. Bonuses that are not redeemed within 60 calendar days of the date they were made available to the recipient may be subject to forfeit. Bonus amounts of $600 or greater in a single calendar year may be reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received as required by applicable law. Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer; consult your tax advisor to determine applicable tax consequences. SoFi reserves the right to change or terminate the offer at any time with or without notice.

Here is the rate I was offered during the pre-approval process. You can see the rate before proceeding with the application (before the hard credit check).

Not targeted? $300 referral offer details. If you were not targeted for this email promo, you can get a $300 personal loan bonus via referral. For some reason, this offer includes some additional fine print:

Offer not available to residents of Vermont or Ohio. You must keep your loan active and in good standing for at least 90 days to receive the $300 bonus.

The easiest way to manage this is to pay down as much of your loan as possible (i.e. make a one-time $4,999 payment) and leave a balance of $1 to keep the loan active and good standing. Don’t pay it off until 90 days have passed. This only costs you a few cents in extra interest.

Some people may choose to do this even for the targeted offer above and keep the loan open with a tiny balance until the bonus posts, just to be extra careful, even though there is nothing required in that fine print. Your call.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

CIT Bank Promo: Deposit $15,000+, Get 1 Year Amazon Prime Membership ($139 Value)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Update 6/30: CIT Bank has raised the rate on their free year of Amazon Prime promo to 1.00% APY, remaining competitive with the major online savings accounts plus a free year of Amazon Prime worth $139, resulting in now an estimated effective 4.71% APY for 90 days (details below). As an existing CIT Bank customer, I was able to sign up for this offer very easily and quickly. I just used my existing login and could even use an existing external linked bank account to fund. Here’s a screenshot from the last page of my initial application:

Original post (updated maths with new APY):

CIT Bank is an FDIC-insured bank (now a division of First Citizens Bank) that has offered competitive interest rate options to savers in the past including the Savings Builder and No-Penalty CDs, so you may already have an account with them.

The CIT Bank Money Market account has launched a new Amazon Prime deposit promotion: when a new or existing customer makes a deposit of $15,000 from an external funding source and keeps it there for at least 60 days, they get an additional bonus of a 1-year Amazon Prime subscription (cash value of $139). Additional details:

  • Open a CIT Bank Money Market account using the promo code AMZN22.
  • Fund your account with at least $15,000 within 15 days and keep a minimum balance of at least $15,000 for 60 days following the 15-day funding period.
  • Within 30 days following the end of the funding period, if you’ve fulfilled the requirements, CIT Bank will send you an email with your Prime membership code.
  • Yes, this works for existing Amazon Prime users. Customers who are already Amazon Prime members can use the one year of Amazon Prime to renew their membership for an additional year.
  • It appears that existing CIT Bank members are eligible, but you do have to open a new Money Market account (you can have more than one) and fund with “new money” outside of CIT Bank..

Bonus math. If you assume the bonus is worth $139, this is a ~0.93% bonus on $15,000. Let’s assume a minimum holding period of 90 total days, which makes it the equivalent of ~3.71% APY annualized. The bonus is on top of the standard interest rate, currently a competitive 1.00% APY as of 6/30/22. This total of roughly 4.71% APY over 90 days makes it a great short-term rate at that balance size when compared to my latest update of best interest rates. CIT Bank also has a decent history of offering competitive products and promotions on their savings account and CD products.

I plan on grabbing this year of Amazon Prime – I already have accounts at CIT Bank and I already have idle liquid cash elsewhere sitting at effectively the same base APY. Nice to see another bank itching to gather deposits.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Citi® / AAdvantage® Platinum Select® World Elite Mastercard® Review: 75,000 Miles Limited-Time Offer

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

The Citi® / AAdvantage® Platinum Select® World Elite Mastercard® is the co-branded American Airlines card from Citi. There is also another version from Barclaycard.  Right now, there is a limited-time offer. Here are the updated card highlights:

  • 75,000 American Airlines AAdvantage® bonus miles after $3,500 in purchases within the first 4 months of account opening.
  • First checked bag free on domestic American Airlines itineraries for you and up to 4 travel companions on the same reservation – savings of up to $300 per round trip
  • Earn 2 AAdvantage® miles for every $1 spent at gas stations*
  • Earn 2 AAdvantage® miles for every $1 spent at restaurants*
  • Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases*
  • Earn a $125 American Airlines Flight Discount after you spend $20,000 or more in purchases during your cardmembership year and renew your card.
  • No Foreign Transaction Fees*
  • Enjoy preferred boarding on American Airlines flights*
  • Receive 25% savings on inflight food and beverage purchases when you use your card on American Airlines flights*
  • $0 intro annual fee for the first year, then $99*

Bonus details. Note the following language for the personal card, which has been changed from 24 to 48 months. Having the business version is okay.

American Airlines AAdvantage® bonus miles are not available if you have received a new account bonus for a Citi® / AAdvantage® Platinum Select® account in the past 48 months.

To clarify, you can have one of both the consumer version of this card and the CitiBusiness® version designed for businesses under your name. The bonuses are also separate.

Baggage fee value. Currently, American Airlines recently joined the other airlines and now charges $30 one-way for the first checked bag and $40 one-way for the second checked bag in Economy. That’s $60 roundtrip for a single checked bag, per person. With this card, your first checked bag is free on domestic American Airlines itineraries for you and up to four companions traveling with you on the same reservation. $60 roundtrip x 5 people = $300 benefit.

Bottom line.  The Citi® / AAdvantage® Platinum Select® World Elite Mastercard® has a limited-time bonus offer. As with most of these co-branded cards, a lot of the ongoing value comes when you fly on American and utilize the free first checked bag benefit for you and up to 4 companions (value of $60 per person, round-trip).

I will be adding this limited-time offer to Top 10 Best Credit Card Bonus Offers.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Amazon Prime Day 2022: $75 in Bonus Amazon Credits, Pay w/ Points Promos, Early Device Deals

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Amazon Prime Day 2022 is on July 12th and 13th (Tuesday and Wednesday). There will be many deals in the days leading up to it as well. There are usually many opportunities to save some money without buying stuff you don’t need (and thus offset a chunk of that membership fee).

As the name suggests, most deals require a Prime membership. New members can sign up for a 30-day free trial. If you’ve already done the trial, you can simply buy a month of Prime for $14.99 ($6.99 with EBT or Medicaid card).

(Note: If you are reading this in an email/RSS reader, unfortunately I am not allowed to include any Amazon affiliate links in e-mails, so they have been removed. Just click here to view the links.)

$75+ in Bonus Amazon Credit Offers

Early Deals

I am quite happy with our Eero mesh WiFi 3-pack bought from a previous Prime Day. The three units working together are definitely a big upgrade from one router, even in our house that is under 2,000 sf.

“Shop with Points” Promos (Targeted)

Misc

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

SoFi Money: 1.50% APY w/ No Cap, $300 Direct Deposit Bonus, $25 Opening Bonus

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Rate increased to 1.50%, $325 promo extended. SoFi has added an excellent deposit bonus worth up to $300 to the new member referral offer on their SoFi Money checking account:

  • $25 bonus if you open a new SoFi Checking & Savings account and deposit at least $10.
  • $300 additional bonus if you deposit at least $5,000 within 30 days from the date of your first Qualifying Direct Deposit. SoFi will credit members who meet qualification criteria within 14 days of the end of the 30-day Evaluation Period. Promo ends 7/30/22. (Alternatively, $100 bonus for $2,000 deposit, $50 bonus for $1,000 deposit. See table below.)
  • 1.50% APY on ALL account balances (no cap) in Checking and Savings accounts (including Vaults) with monthly direct deposit (of any amount). 0.90% APY without direct deposit. Rates are as of 6/28/22.
  • Overdraft coverage of up to $50 on on debit card purchases available to customers with monthly direct deposits of $1,000 or more.

Not a bad deal if only for the $25 easy bonus and 1.50% APY with any direct deposit amount (0.90% APY without direct deposit). On top of that, $300 is a very high bonus for only having to commit $5,000 for 15-30 days. Even the lower bonus tiers are solid. Assuming a 30-day holding period, the bonus is the equivalent of earning 60-72% APY on top of the standard APY!

What makes it harder is that it must be “qualifying direct deposits” per their discretion. Based on the fine print below (emphasis mine), you should still be eligible for this promo if you are an existing SoFi Money account before today and have yet to complete your first direct deposit.

Eligible Participants: All new members who open a SoFi Checking and Savings account during the Promotion Period and all existing SoFi Checking and Savings customers who have not previously set up Direct Deposit transactions(“Direct Deposit”) into their SoFi Checking and Savings account as of the beginning of the Promotion Period are eligible for the Program.

Bonus Terms: In order to qualify for eligibility for a bonus, SoFi must receive at least one Qualifying Direct Deposit from an Eligible Participant during the Promotion Period. Qualifying Direct Deposits are defined as deposits from enrolled member’s employer, payroll, or benefits provider via ACH deposit. Deposits that are not from an employer (such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and bank ACH transfers not from employers) do not qualify for this promotion. The amount of the bonus, if any, is described below. No bonuses shall be paid for qualifying Direct Deposits of less than $1,000 during the Evaluation Period (defined below).

Evaluation Period: The bonus amount will vary based on the total amount of Qualifying Direct Deposits received during the Evaluation Period. The Evaluation Period is defined as 30 days from the date your first Qualifying Direct Deposit is received. For example, if you receive $1,000-$1,999 in Qualifying Direct Deposits in the Evaluation Period, you will receive a cash bonus of $50. A member may only qualify for one bonus tier and will not be eligible for future bonus payments if inflows subsequently increase beyond the Evaluation Period.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Axos Bank: $100 Bonus w/ Direct Deposit, 1.25% APY w/ Way Too Many Hurdles

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Axos Bank has a $100 bonus for a new Rewards Checking account when you have qualifying direct deposits of $1,500+ within a single calendar month during the first three (3) calendar months your account is open, including the month in which your account was opened. Use the promo code RC100 when you apply for a Rewards Checking account by 6/30/22.

This would be a good addition if you are already going for the Axos Brokerage $150 bonus. No monthly maintenance fees or minimum balance requirements. New checking account must remain open for 180 days or an early closure fee of $100 may apply.

Note that the way the fine print is written, if you apply in June (which you must per the current deadline), you must have $1,500 in direct deposits within the single month of July or August. Per the fine print below and Doctor of Credit data points, Axos is historically relatively flexible on their direct deposit requirements as long as the funds don’t originate from another Axos Bank brand account. However, in the end it is always at the bank’s discretion.

Offer fine print:

+A Rewards Checking application that includes the promotional code “RC100″ must be submitted between 6/15/2022 at 12:00am PST and 11:59pm PST on 6/30/2022 to qualify. You must open your new Rewards Checking account and have qualifying direct deposit(s) that total at least $1,500.00 within a single calendar month during the first three (3) calendar months your account is open, including the month in which your account was opened. Direct deposit funds must be new to bank from a third-party source (not originated from another Axos Bank brand account) to receive bonus credit. Bonus will be deposited into your account within five (5) business days of the qualifying statement cycle. Account must remain open for 180 days or an early closure fee of $100 may apply. The bank reserves the right to limit to one Rewards Checking bonus offer, one account per primary account holder, and one new account-related gift incentive per calendar year. Customers who have an existing Axos Bank or Axos Bank for Nationwide Checking account as of 6/14/22 are not eligible for this offer. Terms and conditions subject to change without notice. Bonus may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor.

1.25% APY qualification requirements. You need to meet ALL of the following requirements to get the maximum total 1.25% APY on balances up to $50,000:

  • Direct deposits (not including intra-bank transfers from another account) totaling $1,500 or more each month will earn 0.40%. A qualifying direct deposit is required for the remaining interest rate qualifications to apply.
  • Ten (10) point-of-sale transactions per month using your Rewards Checking Visa® Debit Card for normal everyday purchases with a minimum of $3 per transaction, or enrolling in Account Aggregation/Personal Finance Manager (PFM) will earn 0.30%.
  • Maintaining an average daily balance of at least $2,500 per month in an Axos Self Directed Trading Invest account will earn 0.20%.
  • Maintaining an average daily balance of at least $2,500 a month in an Axos Managed Portfolio Invest account will earn 0.20%
  • Making a monthly payment to an open Axos Bank consumer loan (commercial and business loans excluded) via transfer from your Rewards Checking account will earn a maximum of 0.15%.

Bottom line. The $100 bonus part is relatively easy, especially combined with the other easy $150 brokerage bonus. The 1.25% APY part is WAY too much work for what is now barely an average interest rate.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Best Interest Rates Update: 90-Day CD at 2% APY, 2-Year CD at 3% APY, 3-Year MYGA at 4% (Mid-June 2022)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Rates are still moving up, especially in the shorter maturities. Even the rates quoted below may become outdated quickly, but so here is a mid-month update for June 2022. As of 6/21/2022:

  • Brokered CD rates: 3-month CD at 2% APY, 2-Year CDs at 3.15% APY at Vanguard and Fidelity fixed income desks (non-callable).
  • Online bank rates: 1.61%-1.65% APY liquid, 3.05% APY for 3-year CD at Bask Bank, First Foundation and Rising Bank. Expect a lot of movement in this area.
  • US Treasury Bonds: 3-month at 1.85%, 2-Year CDs at 3.21% yield to maturity, secondary market. Interest from Treasury bills and bonds are exempt from state and local income taxes.
  • Fixed Annuity: 4% rate on 3-year MYGA from American Life (B++ Rating) on via Blueprint Income and Stan the Annuity Man (varies by state). Learn more about MYGAs here and here.

As always, be very careful with any app or website that does not clearly indicate FDIC and/or NCUA insurance. Verify yourself at FDIC.gov and NCUA.gov.

Just as the terms “natural” and “superfood” and not regulated in the food industry, the terms “asset-backed” and “stable” mean very little in the financial industry. An app called “Stablegains” promised reliable interest from “overcollaterized” and “100% asset-backed” loans… up on the day until your money disappeared forever.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Amazon: Pay with American Express Membership Rewards Points, Get up to 40% Off (Targeted)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

(Check AmEx again to see if eligible again for this new round. Might also want to check if you have Chase Ultimate Rewards, Citi ThankYou, or Discover cash back. Note that Amazon links may not show up on RSS/email, please visit the website.)

If you have an American Express card with Membership Rewards (MR) points, you can redeem them to buy eligible items at Amazon.com. The redemption rate is 1 MR points = 0.7 cents to spend at Amazon, which unfortunately is less than a cent per point and thus not really the ideal use of MR points. (My base redemption is 1 cent per point minimum toward any Delta flight.) However, here are targeted promotions where you can save money after redeeming just 1 single MR point (a penny’s worth). (To see the link, you may need to visit this page on the internet if viewing this via e-mail or RSS.)

Here are some additional tips:

  • If you haven’t linked yet, you can link your Membership Rewards points balance to your Amazon account here.
  • If you have already linked your cards and aren’t targeted, you may consider removing your American Express card from your account completely, and then linking it again after a day, and then checking the offer page(s) again after another day.
  • Items must be marked as both sold AND shipped by Amazon.com.
  • Be sure to select your American Express as your payment method and redeem at least 1 point or $0.01 in value of Membership Rewards points.
  • Savings should be reflected on the final order checkout page, before you commit to purchase.

This is a recurring perk for existing American Express cardholders, which is why one of my two “keeper” consumer American Express cards is the Amex EveryDay Card (keeps my Membership Rewards points active with no annual fee, helps qualify for various Amazon promotions). The other is the Blue Cash Preferred from AmEx (6% cash back on US supermarkets, up to $6,000 annually).

You can also earn and keep Membership Rewards points active with a small business card. My favorite business American Express card is the Blue Business Plus Card – Earn 2X Membership Rewards points on all purchases, of up to $50,000/year. There is also the Blue Business Cash Card that earns a flat 2% cash back on up to $50,000 in purchases each year. Both have no annual fee.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

IKEA Family Discount: $25 off $200 (6/21 to 7/4)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

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New coupon/discount. IKEA has a $20 off $200 discount valid for IKEA Family Members can save $20 when they spend $200 in-store from 6/21 to 7/4 IKEA Family is their loyalty program and is free to join. You can view the discount promotion when you scroll down on this page. Fine print:

Looking for more to celebrate? From 6/21 to 7/4, IKEA Family members can save $20 when they spend $200 pre-tax. Just scan your IKEA Family card in-store!*

*U.S. only. Valid in-store only. Must scan IKEA Family member account in order to receive offer. Minimum purchase amount must be met in a single transaction before taxes. Discount applied before tax, shipping, and handling. Not valid on delivery, installation, assembly, or tax. Offer excludes Click & Collect, Kitchen Planning and other services. Not valid in IKEA Swedish Restaurant or Bistro. Limit: one redemption per IKEA Family member number. Cannot be combined with other IKEA offers or coupons. Discount applied proportionally across items purchased, as shown on receipt. On returns, only the net purchase price as shown on receipt is refunded.

IKEA coupons are pretty rare, other than their ongoing $25 off $250 moving coupon.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Top 10 Best Small Business Credit Card Bonus Offers – June 2022

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Updated June 2022. Do you have small business income or work as an independent contractor? Freelance, Uber/Lyft, Amazon, eBay, Etsy, Airbnb? A small business credit card separates your personal and business expenses and can build up your business credit profile. If you are not a corporation or LLC, you can apply as a sole proprietorship, with your name as the business name and your Social Security number as the Tax ID number. These are the top 10 credit card offers that I would personally apply for right now (or have already). Recent changes:

  • Added Delta 75k, Hilton 130k+$130 credit, Hawaiian 80k+$99, Barclays AA, Spark Cash Plus $1,000.
  • Removed JetBlue 80k+$99, United 150k, CapOne $3,000, Wyndham 90k, AA 80k.

This is a companion post to my Top 10 Best Credit Card Bonus Offers for personal cards. Notice that small business bonuses are on average even higher than those on consumer cards.

Business Platinum® Card from American Express

  • 120,000 Membership Rewards points after $15,000 on eligible purchases in the first 3 months.
  • HUGE list of additional perks including $400 Dell, $360 Indeed, $150 Adobe, $120 wireless phone annual credits, $200 annual airline fee credit, $189 CLEAR credit, Centurion airport lounge access, and more. See link for details.
  • $695 annual fee.

Chase Ink Business Preferred Card

  • 100,000 Ultimate Rewards points (worth $1,000 straight cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®) after $15,000 in purchases in the first 3 months. See link for details.
  • 3X points on the first $150,000 spent on travel, shipping purchases, internet/cable/phone services, and advertising purchases with social media sites and search engines.
  • Primary rental car coverage when renting for business purposes.
  • $95 annual fee.
  • Subject to 5/24 rule.*

Delta SkyMiles Gold Business American Express

  • 75,000 Delta Skymiles after $3,000 in purchases within the first 3 months. Limited-time offer expires 8/3. See link for details.
  • 75,000 Skymiles are worth at least $750 in Delta airfare with “Pay with Miles” option.
  • First checked bag free on Delta flights ($60 value per roundtrip, per person).
  • $100 Delta flight credit after $10,000 in purchases on your card in a calendar year.
  • $0 annual fee for the first year, then $99.
  • Also: up to a 110,000 bonus miles offer on the Platinum and Reserve versions.

Hilton Honors American Express Business Card

  • Up to 130,000 Hilton Honors points + $130 statement credit. 130,000 Hilton Honors points after $3,000 in purchases in first 3 months of Card Membership. Plus up to $130 in Statement Credits on eligible purchases made on the Card at any of the Hilton family hotels in the first 12 months of Membership. Offer expires 7/6/2022. See link for details.
  • Free Weekend Night Reward certificate after you spend $15,000 on purchases in a calendar year.
  • $95 annual fee.

Hawaiian Airlines Business MasterCard

  • 80,000 Hawaiian miles + $99 statement credit. 80,000 miles + $99 statement credit after $2,000 in purchases within the first 90 days. Limited-time offer. See link for details.
  • Receive a one-time 50% off companion discount for roundtrip coach travel between Hawaii and The Mainland on Hawaiian Airlines.
  • $99 annual fee.

Barclays AAdvantage Aviator Business Card

  • 80,000 American Airlines miles + $95 statement credit. 80,000 bonus miles + $95 statement credit after $2,000 in purchases in the first 90 days. Limited-time offer. See link for details.
  • First checked bag free on domestic AA flights for you and up to 4 companions ($60 value per roundtrip, per person).
  • $95 annual fee.

Southwest Rapid Rewards Performance Business Card

Chase Ink Business Unlimited Card

  • $750 bonus cash back after $7,500 in purchases in the first 3 months. See link for details.
  • Flat 1.5% cash back on all purchases with no limit.
  • No annual fee.
  • Subject to 5/24 rule.*

Chase Ink Business Cash Card

  • $750 bonus cash back after $7,500 in purchases in the first 3 months. See link for details.
  • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.
  • No annual fee.
  • Subject to 5/24 rule.*

World of Hyatt Business Card

  • 60,000 Hyatt points after $5,000 in purchases in the first 3 months. See link for details and rough valuation of points.
  • Up to $100 in Hyatt statement credits – spend $50 or more at any Hyatt property and earn $50 statement credits up to two times each anniversary year.
  • $199 annual fee.
  • Subject to 5/24 rule.

Bank of America Business Advantage Cash Rewards Card

  • $500 statement credit after $5,000 in purchases in the first 90 days. See link for details.
  • 3% cash back on your choice of six categories. 2% cash back on dining and unlimited 1% cash back on all other purchases. The 3% and 2% cash back applies to the first $50,000 in combined category/dining purchases each calendar year, 1% thereafter.
  • No annual fee.

US Bank Business Leverage Card

  • 75,000 bonus points after $7,500 in purchases (on the Account Owner’s Card only) in first the 4 months. 75,000 bonus points can be redeemed for $750 in cash back. Plus see Visa Olympic Games Beijing 2022 Bonus Offer. See link for details.
  • Availability may be restricted to certain states.
  • $0 annual fee for the first year, then $95.

Capital One Spark Cash Plus Business Card

  • Up to $1,000 cash bonus. $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening. See link for details.
  • Unlimited 2% cash back on all purchases with no limit.
  • $150 annual fee.

Capital One® Spark® Miles for Business Card

  • 50,000 miles (worth a $500 statement credit) after $4,500 in purchases in the first 3 months. See link for details.
  • Flat 2X points per dollar spent on all purchases with no limit.
  • $0 annual fee for the first year, then $95.

Alaska Airlines Visa Business Card (Bank of America)

  • 40,000 Alaska miles + $200 statement credit + Companion Fare Voucher after $2,000 in purchase within 90 days. See link for details.
  • Companion fare voucher is “Buy one ticket, get one for $121” ($99 fare plus taxes and fees from just $22).
  • Free checked bag on Alaska flights for you and up to six other passengers on the same reservation.
  • $50 annual fee for company, plus $25 per card.

Marriott Bonvoy Business American Express Card

  • 75,000 Marriott Bonvoy bonus points after $3,000 of eligible purchases within first 3 months. See link for details.
  • Free night award upon card anniversary (worth up to 35,000 Bonvoy points). Earn an additional Free Night Award after spending $60K in purchases on your Card in a calendar year.
  • Annual fee is $125.

* Note: Certain Chase cards have a “5/24 rule” which is an unofficial rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards on your credit report within the past 2 years. This rule applies on a per-person basis, so if you are new, you might want to start with those Chase cards.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Truist $300 New Checking Account Bonus (Regional Eligibility)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Truist Financial formed from the merger of BB&T and Suntrust Banks, now roughly the 10th largest US bank with branches in 17 states and DC. Trust has a $300 new checking bonus using promo code TR2CHK22 for new checking customers that live within a state in their branch footprint: AL, AR, GA, FL, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC. I don’t always list bonuses that aren’t nationwide, but this is a relatively big bonus from a decent-sized bank. Thanks to reader Clark for the heads up. Here are the steps:

  • Open an eligible Truist checking account (Dimension, Bright, or Fundamental Checking). $50 minimum opening deposit.
  • Receive at least two qualifying Direct Deposits totaling $500 or more within 90 days of account opening.
  • After we verify your direct deposits, we’ll drop $300 into that account within four weeks.
  • This offer is good until July 14, 2022.

The easiest way to avoid the monthly fees of the checking accounts while satisfying the bonus requirements is the Bright Checking account, since its $12 monthly fee is also waived when you have a $500+ monthly direct deposits (or you can maintain at least a $1,500 average balance).

It’s always tricky to say what exactly any bank will count as a direct deposit if you have trouble with redirecting your employer payroll, as their rules may change over time. But in general a funds transfer from a brokerage account like Fidelity, Schwab, Vanguard, or TD Ameritrade has a better chance than one of the popular online savings accounts. Makes sense to me as my income could very well be interest and dividends from my brokerage account.

Fine print:

Clients with an existing personal checking account or who have closed a personal checking account on or after 4/1/21 with BB&T or SunTrust now Truist and/or Truist are not eligible. Account holder must be 18 or older at the time of account opening. Truist employees are not eligible. Offer available only to US residents with a valid US taxpayer identification number. The qualifying checking account must be opened in a Truist branch in one of the following states, or online, and have a mailing address in: AL, AR, GA, FL, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.