Sunday, July 15, 2007

Discover Card Cashback Bonus promo in the Sunday paper

Discover Card Cashback Bonus promo in the Sunday paper:

  • 3.9% APR on balance transfers until 2011
  • Special bonus: $60 cash back bonus when you make $500 in purchases
  • 5% Cashback bonus with the Discover More card, in popular categories that change every quarter (every three months). They include restaurants, gas, travel, movies, apparel (including Home Depot, Kohls, etc)
  • Online cashback bonus from 5% to 20% if you shop directly from the Discover card website. Similar to FatWallet. The high percentages are usually for things like magazines and such. The traditional big chain stores are around 5% or so
  • Up to 1% cashback on everything else. Beginning October 1, 2007, 5% Get More purchases and warehouse purchases do not count in the total annual amount that determines your cashback percentage rate. Translation: You will need to spend more to get past the 0.25%, 0.50%, 0.75%
  • Unlimited rewards. Some programs put a cap.
  • Consumer Beware segment! Discover advertises unlimited cash rewards, but beginning October 1, 2007 you won't be able to get a check for your rewards. So it's not really cash. You can still use the amount to pay your bill
  • You are never responsible for unauthorized charges, online, offline, anytime, anywhere (nice feature)
  • no annual fee
  • very fast on-shore customer service with knowledgeable and efficient customer service (this from my personal experience)

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