Hacks Cashback Bumps to Look Out for During the Holidays Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Dan Miller Published Dec 20, 2019 - [Updated Jul 11, 2022] 6 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. From the Mint team: Mint may be compensated if you click on the links to our issuer partners’ offers that appear in this article, including Chase. Our partners do not endorse, review or approve the content. Any links to Mint Partners were added after the creation of the posting. Mint Partners had no influence on the creation, direction or focus of this article unless otherwise specifically stated. Besides the bonus cash and points that you earn from the initial welcome offer when you first sign up for a credit card, one of the best ways to continue earning miles and points is through ongoing spending on the card. Generally speaking, most cards will earn 1 to 2 miles or points (or 1-2% cash back) for each dollar spent on the card, though many cards do also offer bonuses in some spending categories such as dining, grocery stores, office supply stores, gas or other. Earning extra miles and points through shopping portals Another great way to earn extra miles and points while shopping online is through shopping portals. If you’re not familiar with a shopping portal, here’s how they work. Let’s say you want to buy something at Bed Bath and Beyond. Instead of going directly to Bed Bath and Beyond’s website, you instead go to the website of the shopping portal of your choice. For cash back, Rakuten, TopCashback and BeFrugal are some of the more popular sites. Most of the major US airlines also have shopping portals that earn miles instead of cash back. Once you’re on the shopping portal’s website, find Bed Bath and Beyond and click through from the shopping portal to Bed Bath and Beyond. Cash back amounts change all the time – at the time I wrote this article, Bed Bath and Beyond was paying 10% cash back if you shopped from Rakuten (screenshot above). The way it works is that the merchant (Bed Bath and Beyond in this case) pays the shopping portal (Rakuten) a commission for referring traffic, and the portal pays out some of their commission to you in the form of cash back. Finding cashback bumps during the holidays Before you buy anything online, I recommend checking to see which shopping portal has the highest cash back (or miles back) rate, and making sure to go through that portal in order to maximize your cash back. One site that you might consider is CashbackMonitor.com. Cashback Monitor regularly checks all of the major shopping portal sites for most merchants and shares the current portal rates. These cash back rates change at least daily, so it’s good to have a place to check them without having to check each shopping portal individually. They also separate out pure cash back from airline miles, hotel points and credit card points so you can pick the one that is the most valuable for you. https://youtu.be/fRdQpTtRXpg Looking for shopping portal bonus promotions Many of the airline shopping portals also offer regular promotions for total amounts spent, including during the holidays. Here’s one example of a December 2019 promotion from the American Airlines AAdvantage shopping portal In this case you can earn up to 2,000 bonus miles if you spend $500 through the AAdvantage shopping portal, so an extra 4 AAdvantage miles per $1 spent. This is in addition to whatever rate is being paid out by the merchant you shop with, so it can be a great way to rack up bonus miles. An important note is that the shopping portals for American, Alaska, Delta, Southwest and United Airlines are all run by the same company (Cartera). So usually if one of the airline shopping portals is running a promotion, they all will be running similar promotions, so make sure to shop through the one whose miles you value the most. Check your credit card quarterly bonus categories Another way you can maximize your cash back bumps during the holiday is to maximize your quarterly bonus categories. There are several different credit cards that offer 5x points on a rotating set of categories up to a certain amount (generally $1500 in spending), and if you haven’t hit your limit for Q4 yet, now’s a great time to do it. Consider maximizing your bonus categories with gift cards Another way that you can get a cashback bump during the holidays or any time is by purchasing gift cards. This can be a great way to earn multiple points per dollar spent, even at merchants where you might normally only earn 1 point (or 1% cash back) on a dollar spent. Consider an example where you have a $100 purchase that you want to make at Home Depot. If you were to just go to Home Depot, most credit cards do not have home improvement stores as a bonus category, so you would earn 100 points / $1 back from your $100 purchase. Now if you went to an office supply store (such as Staples), you could buy a $100 Home Depot gift card and pay with a card like the Chase Ink Cash that earns 5x points, you’d earn 500 points / $5. Grocery stores are another place that both sells gift cards to other merchants and has many different credit cards that offer bonus points. Now in this specific example, it may not be worth it to go through the hassle to get an extra $4, but depending on how big your purchase is and how far out of the way you have to go to get the gift card, it might make sense. Consider your specific situation to decide if this is a worthwhile strategy for you. Another thing to keep in mind if you make a purchase with a gift card is that many credit cards offer purchase protection, which you likely will not get if you buy your item with a gift card. So that’s another factor to consider whether the extra points outweigh the loss of any purchase protection you might get with a credit card. If you want to combine this idea with our earlier tip of going through a shopping portal, that’s a great idea! Just make sure to read the fine print of your shopping portal – many shopping portals do not pay cash back on gift card purchases. I hope that these tips can help you maximize your miles, points and cash back as you shop this holiday season! Good luck out there and happy shopping! These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered. Previous Post How to Navigate the Airport Rush During the Holidays Next Post Gardening Tips That Save You Green Written by Dan Miller Dan Miller is a freelance writer and founder of PointsWithACrew.com, a site that helps families to travel for free / cheap. His home base is in Cincinnati, but he tries to travel the world as much as possible with his wife and 6 kids. More from Dan Miller Follow Dan Miller on Facebook. Follow Dan Miller on Twitter. Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do … Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on… Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? 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