Just curious, what is the logic of combining opening spend bonus with the category into a single percent?
In that case, would an equivalent statement would be: Chase ink preferred, 80k pts ($800 cash or more as transfer) $95 fee after $5k purchases. 3x points on travel, shipping, internet cable and phone, 1x everything else.
If you spend $5k at Taco Bell in the first three months, that works out to 15.1% cash back on tacos.
Or substitute: “If you spend $5k at grocery stores in the first three months, that works out to 15.1% cash back.”
(arbitrary card and unrelated purchase “category” example)
It seems to not make sense to me to express things that way, but my brain seems to be wired unusually, so maybe I’m just not seeing it.