w*******y 发帖数: 60932 | 1 The cap is $500 a month on gas and groceries (i.e. $25), and $1000 (i.e. $50
) on books. Would be great if this works on Amazon.
Cash Back Rewards Program Summary: There is no total cap to the cash rewards
you can earn and rewards do not expire. Rewards are earned on qualifying
retail purchases less credits, returns and adjustments. Earn 1% cash back
rewards on purchases charged to the credit card each billing cycle. Earn 5%,
cash back rewards on the first $500 charged to the card each billing cycle
on combined purchases of gasoline and groceries. For purchases in these
categories that exceed the $500 monthly limit, you can continue to earn the
1% cash back reward. Earn 5%, cash back rewards on the first $1,000 in book
purchases charged to the credit card each billing cycle. For book purchases
that exceed the $1,000 monthly limit, you can continue to earn the 1% cash
back reward.
Link:
http://www.salliemae.com/5percent
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