It's early-April, which means Quarter 2 of 2013 is officially upon us. This generally means more to Fortune 500 companies than it does to the average consumer. However, if you're the proud owner of a cash back credit card that offers bonus cash back on rotating categories that change each quarter, the first of April means two things: 1.) new categories to take advantage of and 2.) you get to hit the reset button on the quarterly spending cap associated with these bonus cash back cards.
With Q2 of 2013 still fresh, we decided to give you a quick rundown of the new cash back categories being offered by our favorite cash back cards. And if you don't have one of the following credit cards but would love to carry one in your wallet, follow the links below to find out more details on the card of your choice.
Chase Freedom
Both the Chase Freedom Visa and MasterCard options are offering 5 percent cash back on up to $1,500 in purchases made at restaurants and movie theaters. Plus, homeowners can take advantage of 5 percent bonus cash back at Lowe's through June, 2013, which can give your spring cleaning efforts a nice boost in Q2. Overall, Chase Freedom offers a nice variety of bonus cash back that can apply to just about any consumer in the upcoming months.
Discover it
The Discover it Card is also offering 5 percent cash back on up to $1,500 in purchases made at home improvement stores through June. Like the aforementioned Chase Freedom card, cardholders will earn one percent cash back on all other purchases. The home improvement options are slightly more flexible since it doesn't apply to just one store, but that's the sole category Discover it cardholders will earn 5 percent cash back on this spring.
Citi Dividend Platinum Select
Last but not least, the Citi Dividend Platinum Select Card is offering 5 percent cash back through June on purchases made at the Home Depot and other home furnishing and garden stores. Cardholders can earn a maximum of $300 in bonus cash back every year, but unlike the previous credit cards cardholders can determine how they choose to allocate this cap each quarter. So, if you're going heavy on home improvement purchases this quarter, you can technically earn up to $300 cash back (or $6,000 in purchases) with this credit card.
