Thank you! Your answer was a part of my solution. For anyone else who stumbles upon this thread and wants to do something similar, here’s my code that works in my project.
<!-- start REPEATING THIS CONTENT - ICON/class card wrapper -->
<?php if(have_rows('category_preview_offering')): ?>
<div class="class-card-wrapper">
<?php while(have_rows('category_preview_offering')): the_row();
//Vars
$image = get_sub_field('image');
$term = get_sub_field('category_name');
$taxonomy = 'category';
$term_link = get_category_link($term[0]->term_id);
if($term): ?>
<div>
<!-- start card one -->
<!-- <a href="/index.php?cat=4"> -->
<a href="<?php echo $term_link; ?>">
<div class="icon_individual_card grow">
<img src="<?php echo $image['url']; ?>" alt="<?php echo $image['alt']; ?>">
<p class="icon_text_color blog_category_title"><?php echo $term[0]->name; ?></p>
</div>
</a>
<?php endif; ?>
</div>
<!-- end card one -->
<?php endwhile; ?>
</div>
<?php endif; ?>
<!-- end ICON/class card wrapper -->
</section>
<!-- end BLOG CATEGORIES 3 ICON/class cards -->
