If you like shopping online, you may be able to earn extra credit card rewards when you buy from your favorite e-tailers. Here’s a look at bonus malls, how they work and three of the best ones around.
What’s a bonus mall?
A credit card bonus mall is an online portal that allows you to get extra points or cash back on your online purchases when you use your credit card. Many issuers have bonus malls. You can find out by logging in to your online account or searching for “[issuer name] bonus mall.”
How to use a bonus mall
When you get to the bonus mall site, you’ll need to sign in with your online card account login information. After that, all you need to do is click on the link for the e-tailer of your choice from the list of available online stores. The link will take you to the website where you can earn the extra rewards offered for shopping with that e-tailer. It’s an automatic bonus.
To take advantage of the issuer’s bonus mall, you need to pay with a credit card from that issuer. Make sure your card is eligible for the bonus rewards before you use it, but most rewards cards from a particular issuer should earn extra points or cash back.
The best credit card bonus malls
Discover Deals, Chase Ultimate Rewards and Citi Bonus Cash Center are three of the most popular bonus malls. Here’s what you need to know about each one, along with our top card recommendations.
Discover Deals is a Nerd favorite. It offers cash back of 5-20% — depending on the e-tailer — on your online purchases at 250 stores, as well as some in-store offers via mobile app. Most bonus malls are online only, so this is a great feature if you tend to shop at bricks-and-mortar locations.
For extra rewards via Discover Deals, shop with your Discover it® - Cashback Match™. It offers 5% back on rotating bonus categories (up to $1,500 spent per quarter) and 1% back on everything else. The annual fee is $0, and there’s an introductory APR of 0% on Purchases and Balance Transfers for 14 months, and then the ongoing APR of 11.74% - 23.74% Variable APR.
Chase Ultimate Rewards
Chase Ultimate Rewards offers bonus Ultimate Rewards points at 250 online stores, from Apple to Zales. You’ll get anywhere from 1 to 25 extra points on every dollar you spend with your e-tailer of choice.
Use your Chase Sapphire Preferred® Card to get extra rewards at the Chase Ultimate Rewards bonus mall. It offers 2 points per dollar spent on dining and travel, and 1 point on all other purchases. You’ll also Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®. The Chase Sapphire Preferred® Card has an $0 for the first year, then $95.
Citi Bonus Cash Center
The Citi Bonus Cash Center offers an average of 5% cash back at more than 400 e-tailers. If you have a CitiCard, you’ll have access to bonuses at far more online stores than with a Chase or Discover card.
Earn bonus cash from Citi with your Citi® Double Cash Card – 18 month BT offer. It offers 1% cash back on every purchase when you make it, and another 1% back when you pay it off. The annual fee is $0, and there’s an introductory APR offer of 0% on Balance Transfers for 18 months, and then the ongoing APR of 14.24% - 24.24% Variable APR.
Image via iStock.