This question is about the Discover it® Cash Back @dominickevans • 04/16/22 This answer was first published on 11/26/17 and it was last updated on 04/16/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and
user-generated content is not provided, reviewed or endorsed by any company. The Discover cash back bonus pays you back a certain percentage of the money you spend as a reward. The Discover cash back bonus can be redeemed either at select merchants or for cash. More specifically, there are three types of Discover cashback bonuses: Discover’s 2% cash back bonus and Cashback Match are fairly simple, but there are several other details you’ll need to know about the 5% bonus. To start, Discover has a cash back calendar
showing when the categories rotate. And to get the 5% Discover cashback bonus, you need to “activate” it every quarter. You can easily do so by logging in to your Discover account from their cash back bonus page. You can activate the new categories on the first day of the quarter. Discover it® Cash BackJack Bergen, Member@jacky_skol • 02/19/20 This answer was first published on 12/04/17 and it was last updated on 02/19/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company. All Discover it cards offer matching cash back for the first year. But some also have a 5% bonus, if you want to shop where they tell you when they tell you. Answer Question People also askWhat is the Discover calendar?The Discover calendar shows what purchases qualify for Discover’s 5% cash back bonus rewards categories. Eligible cardholders can earn 5% cash back on up to $1,500 spent per quarter in the purchase categories listed on Discover’s bonus rewards calendar, when they activate. 2022 Discover Calendar for 5% Rewards Categories:
Discover’s 5% cash back calendar applies to three Discover credit cards: Discover it® Cash Back, Discover it® Student Cash Back and NHL® Discover it® (this offer is not currently available on WalletHub and may be out of date). Cardholders must activate new bonus categories by the end of each quarter for purchases to qualify for the 5% rewards rate. And the bonus rate will apply only from the date of activation through the last day of the quarter. To activate a category, click the blue “Activate Now” link on the calendar. Just bear in mind that there are exceptions to Discover’s calendar categories. For example, purchases at restaurants inside other locations – like hotels, convenience stores and grocery stores – are not eligible. Neither are restaurant delivery purchases. PayPal purchases using tap-and-pay, virtual wallets or similar technology may not qualify, either. Each category has a bit of fine print. Be sure to read it. show less What are the latest Discover card promotions?Current Discover card promotions include a dollar-for-dollar rewards match at the end of the first year, up to 5% cash back on purchases, and 0% intro APRs for up to 15 months (followed by a regular standard rate). None of Discover’s credit cards charge annual fees or foreign transaction fees, either. … read full answer There are plenty of other perks, too, such as free credit scores. And together, all these Discover card promotions form a portfolio that can meet any cardholder’s financial needs. Here are the latest Discover Card promotions:
As you can see, there’s a lot to like about Discover card promotions. The one thing you won’t see on any current Discover cards, though, is an initial bonus for spending a certain amount after you get the card. But Discover makes up for that by matching the first year’s rewards on all their cards. There used to be another Discover card promotion called “Discover Deals,” where you could get extra discounts or bonus points for shopping with over 200 retailers in Discover’s online mall. Unfortunately, that program ended on October 31, 2018. show less WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance. WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered. Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products. Did we answer your question? Sorry! How can we improve this answer? Why is my cashback not showing?Cashback takes up to 48 hours (and in some cases, longer) to be processed and reflected in your account.
Do you still get cash back if you pay before statement Discover?When you use a credit card for your purchases, you earn the same amount of points, miles, or cash-back on your spending whether you pay your balance in full before the statement closes or not.
How do I get cash back on my Discover card?You can get cash with your Discover card in three easy ways: (1) cash advance into checking, (2) ATMs, and (3) banks and credit unions.
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How long does it take for cashback to show up on discover
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