Discover is offering various spending bonuses to select credit cardholders, including up to $250 for spending a certain amount, additional cash back percentages on specific categories, and the ability to combine these offers with existing 5% back promotions at certain retailers. These are targeted offers, YMMV.
About The Offer
Discover is extending multiple promotional offers to a segment of its cardholders.
These incentives are crafted to encourage spending by offering a diverse array of rewards. Here are some of the offers:
- Some cardholders have the opportunity to earn a bonus of $250 if they spend a predetermined amount by the end of the year.
- Varying cash back offers that differ in percentage and applicability.
- Some of these cash back offers can be as high as 6% for specific categories like grocery stores.
What makes these promotions even more enticing is that they can be stacked with existing offers. For instance, during the last quarter of 2023, there’s an opportunity to earn 5% back at popular retailers like Amazon and Target.
This layering of rewards allows for a maximized return on spending for those cardholders who choose to participate.
Bottom Line
These are nice offers if you’re targeted. The ability to stack bonuses and cash back offers, particularly with the 5% promotions at mainstream retailers, is a standout feature. For any cardholder who’s strategic about their spending, these incentives could lead to significant savings.
I’d recommend that cardholders thoroughly check their emails and activate these offers to make the most of their Discover card this year.
Your Discover offers:
- Discover Bank $150 or $500 Savings Account Bonus [Nationwide] – Ended
- Discover Bank Promotions: $150 or $200 Savings Account Bonus [Nationwide] – Ends 6/13/24
- Discover Bank Money Market Account Earns up to 4.25% APY (Nationwide)
- Best Socially Responsible & Ethical Banks January 2024
- Discover Bank Promotions: $150 or $400 Savings Account Bonus [Nationwide] – Ended
- Discover Bank Checking Offer: $100 in MyPoints or Swagbucks New Account Bonus
- Discover Bank Bonus: $100-$150 Offer For Existing Customers [Targeted] – Ended
- Discover Cash Back Bonus: Save 15% On Airbnb Gift Cards
- Discover Bank Promotions: $150 or $450 Savings Account Bonus – Ended
- Discover it: $100 Welcome Bonus & $100 Referrals – Ends 12/31/23
- [Targeted] Discover Cardholders Get Extra 4% Back (Up To $2,000 In Purchases)
- Discover Credit Cards: Some Cardholders Offered 0% APR For 12 Months [Targeted]
- Discover Cardholders Get 5% On Grocery, Gas, or Home Improvement During April & May [Targeted]
- Discover Deal: Get 6% Back PayPal Purchase (Targeted) – Ends 5/31/23
- [Targeted] Discover Offer: Add Authorized User, Get $25 Bonus
- Discover Credit Cards: Some Cardholders Offered $5 Cashback on Apple Pay/Samsung Pay/Google Pay $25 Transaction [Targeted] – Ends 2/1/23
- Discover Checking Can Now Be Loaded At Walmart For No Fee
- Discover Deal: Get $10 Back w/ $75 PayPal Purchase (Targeted)
- Discover Deals: Save 5% On Amazon & Walmart Gift Cards When Redeeming Cashback Bonus
- Discover Cards: Get $10 After Using Contactless Payment 3 Times [Targeted Offer]
- Discover Student Loan Refinance Review: No Fees & Repayment Assistance Options
- The Complete Guide to Earning and Redeeming Discover Miles
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.