Terms from the credit card website:
You will earn 3% in travel credits for each $1 of net purchases made at retail locations that classify their merchant location for MasterCard as a wireless or telecommunication service or cable/satellite provider. You will earn 1% in travel credits for each $1 you spend on all other net purchases. Travel credits will be deposited into your TravelBank account at continental.com where they will be available as TravelBank Cash. Purchases not eligible to receive the 3% in travel credits include purchases of telecommunications or electronic equipment such as telephones, fax machines, cellular phones, and televisions. Online and catalog purchases are not eligible to receive the 3% in travel credits unless the merchants have correctly identified and billed the transactions. We do not determine whether merchants correctly identify and bill transactions as being made in each particular category. However, we do reserve the right to determine which purchases qualify for the 3% in travel credits. You do not earn travel credits on balance transfers, cash advances, cash-like charges such as travelers checks, foreign currency, and money orders, any checks that are used to access your account, overdraft advances, interest, unauthorized or fraudulent charges, or fees of any kind, including fees for products that protect or insure the balances of your account. There is no maximum number of travel credits that you can accumulate in the program. See Rewards Program Rules and Regulations which will be mailed after your account is established.