My 5% dining card / 3 % Utility card is getting nerfed.
Full announcement. CashBack+ Credit Card
From Redstone….
"Everything About Redstone’s New CashBack+ Program
We’re enhancing your rewards experience with CashBack+, the new program replacing MyChoice Rewards on January 13, 2026. This upgrade gives you more flexibility, a cleaner look, and easier ways to redeem your cash back – all within online banking or the Redstone mobile app.
No need to enroll or lift a finger. Your current rewards will automatically transfer at full value when the new program begins mid-January 2026.
It’s the same great rewards you love – now simpler, smarter, and more rewarding.
Earn your way with more flexibility and choice.
Your Visa Signature card will now put you in control with CashBack+. Each quarter, you’ll have the power to choose one 5% “boost” category – so you can maximize your earnings where you spend most.
How it works:
- 5% cash back on purchases in your selected quarterly category – like restaurants, Amazon, travel, home improvement, and more.
- 2% cash back on gas and groceries.
- 1.5% cash back on all other purchases.
To kick things off, you’ll be automatically enrolled in “Restaurants” as your 5% boosted category for the first quarter in 2026.
After that, you’ll be able to choose your own 5% category in online banking or the app before each quarter begins."
REDSTONE Changes coming January 20th.
byu/Technical-Procedure3 inCreditCards
Posted by Technical-Procedure3
10 Comments
RIP to that 3% utilities rate, that was actually solid for a category most cards ignore completely
The quarterly rotation thing is pretty standard now but losing that consistent utility multiplier sucks if you were optimizing around it
This card officially went from being an all-star to no star.
It is worse than a Citi Custom Cash because of lack of good categories.
It is worse than the Discover IT because the Discover card has multiple rotating categories at 5%. Like this month that is grocery stores, wholesale clubs, and streaming services.
What a shame!
After reading this again, it sounds like I may get to choose a category each quarter. If Dining is always a possible option, the card may stay viable for me.
Where do you get the Jan 20th date?
This just went from my most used card to my cancellation list.
Also, you’re screwed even more the 1st quarter unless you need it for restaurants:
*Will I be able to select my Visa Signature 5% category when the new program launches?*
*Not immediately. Since the quarter will already be underway once the program launches, all current Visa Signature cardholders will earn 5% cash back on restaurant purchases to start.*
*Once the program launches, you can choose your 5% boosted category for the next quarter at any time through March 31. Your selection will take effect in Q2 of 2026.*
I used to be able to get 5% of Gas and Restaurants/Fast Food at the same time. Now I can’t get gas and I have to wonder if the restaurant category includes fast food like it did before. This sucks.
Noticing the caps will be $ 1500 per quarter instead of $ 7000 annually. Also, assuming that with gas and groceries fixed at 2%, those will not be in the 5% categories. Lastly, this looks like it will be administered in-house verses a 3rd party like the My Choice Rewards. Don’t know if that is good or bad.
Ugh, my everyday gem card. 5% gas, dining is definitely going to be missed.
If they’re not even making gas or dining a default option anymore, then yeah this card’s basically dead for most (or at least sock drawed since no AF)
Second cc nerf of 2026, after the Bilt 2.0 leaks, and we have 51 weeks to go!
Have you seen the categories for next quarter?
This card is now an embarrassment.