Confirmed: Discover Deals Cash Back Bonuses Also Doubled at End of 1st Year!
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That’s because Discover will double the cash back you’ve earned at the end of 12 months. This is a fantastic deal!
Now, Doctor of Credit confirms Discover will also double the cash back you earn shopping through the Discover Deals shopping portal.
I’ll show you how to earn the most cash back!
What’s the Deal?
Link: Discover it
Link: Discover Deals Shopping Portal
Discover has confirmed that all cash back you earn with the Discover it card will be doubled at the end of 12 billing cycles.
This includes 1% cash back from regular card purchases, rotating 5% cash back category bonuses, Discover Deals shopping portal offers, and refer-a-friend bonuses.
This is great news for folks who like to shop online. Because the Discover Deals shopping portal often pays the highest cash back!Note: You do NOT have to be a new cardholder to earn double cash back for 1 year. If you already have the Discover it card, you can request double cash back by calling 800-347-3085.
Making the Most of the Deal
You’ll earn the most cash back if you stack the 5% cash back rotating quarterly category bonuses with shopping on the Discover Deals portal.
For example, you’ll earn 5% cash back on up to $1,500 in spending each quarter at:
- Home Improvement Stores, Department Stores, and Amazon (July 2015 to September 2015) – $75 cash back ($1,500 in spending X 5%)
- Holiday Shopping (October 2015 to December 2015) – $75 in cash back ($1,500 in spending X 5%)
And Discover will double the cash back you’ve earned after 12 billing cycles.
Let’s look at examples using the Discover Deals shopping portal.
From July 2015 to September 2015, you’ll earn 5% cash back on up to $1,500 in spending at department stores, including Macys.
I checked evreward to find the best cash back shopping portal deals. Through Discover Deals, you’ll earn an additional 10% cash back!
Suppose you made a $100 purchase through the Discover Deals portal and used your Discover it card to pay. You’d earn:
- $10 (10% cash back) from shopping through the Discover Deals portal
- $5 (5% cash back department store category bonus) for using your Discover it card
That’s a total of $15 (15%) cash back just to start. But Discover will double your cash back after 12 billing cycles, so you’ll actually earn $30 total (30% cash back!).
That’s a fantastic deal!
2. Home Depot
Also from July 2015 to September 2015, you’ll earn 5% cash back on up to $1,500 in spending when you use your Discover it card at home improvement stores, like Home Depot.
And by shopping through the Discover Deals portal, you’ll earn an additional 5% cash back!
So if you spent $100 at Home Depot by going through the Discover Deals portal 1st, and paying with your Discover it card, you’d earn:
- $5 (5% cash back) from shopping through the Discover Deals portal
- $5 (5% cash back home improvement store category bonus) for using your Discover it card
That’s $10 (10% cash back) immediately, which is doubled at the end of 12 months. So you’d earn a total of $20 (20% cash back).
If you sign-up for the Discover it card using a friend’s referral link, you’ll earn $50 statement credit after you make a purchase in the first 3 months of account opening.
And so will your friend! And cardholders can refer as many as 10 friends a year. That’s up to $500 in referral bonuses.
You can use my link, or in the comments, post your own for folks to use!
If you’re already a cardholder, you can get your Discover it referral link here.
Discover confirms it will double ALL cash back earned in your 1st 12 billing cycles with the Discover it card at the end of the 1st year.
Including cash back earned from category bonus spending, shopping through the Discover Deals online portal, and refer-a-friend bonuses.
This is a fantastic opportunity to stack these bonuses and earn 20% to 30% or more cash back on your purchases!
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Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Either $5 or 5% of the amount of each transfer, whichever is greater.
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