In this article, I’ll go over how you can earn up to $500 in cash bonuses with the Discover It and the new Discover It Chrome card every year.
Since the Discover It credit cards typically don’t offer sign-up bonuses (they have in the past for a limited time), they aren’t the best for churning to make money/bonuses. However, they do offer special features in a card with no annual fee that make it a great option for some backup spending.
Plus, adding a Discover card to your credit portfolio only helps to improve your history and diversity. If you’re a college student, the Discover It Student cards are typically some of the best on the market for you.
The regular Discover It credit cards are mainly known for their 5% cash back on quarterly rotating categories on up to $1,500 in purchases (*see the quarterly categories here). Additionally, they also offer varying introductory 0% APR on Purchases/Balance Transfers offers, free FICO scores, and generous cash back through the ShopDiscover online mall portal.
The NEW Discover It Chrome cards have basically taken away the 5% cash back rotating categories, and replaced them with an ongoing 2% cash back bonus on Restaurants & Gas (*on up to $1,000 in combined purchases each quarter). This new Chrome card is very popular for those who don’t like keeping up with categories to sign-up for, and appreciate consistency. I’ll be replacing my traditional Discover It card with the new Chrome card very soon.
How To Get $500 In Bonuses Every Year
Here’s a very neat feature that will benefit you AND your friends/family.
By referring your friends and family to sign up for their own Discover card, you AND the referred can both get a $50 bonus. You can get referrals via email, Facebook, Twitter, or LinkedIn. As long as they use your link to apply and become cardmembers, you’ll both be eligible for the bonus. The only other requirement is that they make a purchase in the first 3 months.
You can get bonuses on up to 10 referrals per year, totaling $500. Plus, you won’t have to feel guilty in helping yourself since those you refer will also get a $50 bonus. 🙂
Terms:
Discover Business card and Essential by Discover cardmembers are not eligible to participate. In order to participate, your account must be in good standing. To receive the $50 Cashback Bonus referral reward, your friend must apply for the specific offer you send and be approved. You will receive $50 Cashback Bonus for each approved friend, up to 10 new cardmembers per calendar year. Offer not available for referrals that are existing Discover cardmembers. This offer is available online only. Individuals must apply for a Discover card by December 31st, 2014. You will not be notified whether a specific referral was approved or declined. For e-mail offers, your referral may not receive an e-mail offer if they have previously opted out of receiving e-mail marketing communications from Discover or are an existing cardmember. Your friend who becomes a new cardmember will also receive a $50 Cashback Bonus once they make a purchase within their first three months of account opening. Please allow up to 5 weeks for Cashback Bonus to post to your account after each referral is approved for their Discover card. The Cashback Bonus you receive may be taxable to you. Please contact your tax advisor.
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Get a $50 bonus when you use this link to open a Discover It credit card and make a purchase within 3 months of account opening:
https://refer.discover.com/s/JENNY61
Please consider using my referral link for the Discover It card.
Referral link: https://refer.discover.com/s/4j5qv
Here are the details: You will receive a $50 Cashback Bonus after you make your first purchase within 3 months of being approved. The bonus will be available within 8 weeks. The bonus will then be doubled after 12 months, so you will receive $100 total ($50 initial plus another $50 at the end of 12 months).
Discover It offers a 5% Cashback Bonus for every dollar you spend in rotating categories up to each quarterly maximum of $1,500. Categories have included gas, restaurants, Amazon, and grocery stores. You will receive 1% on all other purchases. Right now they have an offer where after 12 months of having your card, all of the rewards you earn will be doubled, so at a minimum you are earning 2% cashback for every purchase and 10% cashback for revolving categories the first year of having your card.
You may redeem your rewards for cash (in any increment), use them to shop at various stores such as Amazon, or use them to purchase discounted gift cards to places like Macy’s, Marshalls, Kohls, Dominos, and Lowes. There are a ton of places to choose from.
In addition, Discover has one of the best buying portals around called Discover Deals where you may earn additional cashback. The portal has over 150 stores to choose from. Offers have included 10% cash back for Macy’s, 25% cash back for Papa Johns, 5% cash back for Kohls, 10% cashback for Dell purchases, and 5% cashback for Walmart purchases. This cashback will also be doubled after 12 months. Earning 10% cashback at Walmart is awesome!
I have two Discover It cards. The customer service is excellent! I highly recommend this card. It is one of the best rewards cards on the market.
Become a Discover Cardmember and you’ll get $50 Cashback Bonus with your 1st purchase within 3 months. https://refer.discover.com/s/qpcbd
I really love this card! As a college student it is perfect for some hard times. Also, using this card for gas and restaurants gets you 2% cash back which is pretty nice! I have a credit limit of $2200 and will be getting a credit increase soon! Awesome card and would totally recommend to anyone wanting a new card or just starting to build your credit!
Here is a new link for the $100 sign-up bonus. $50 after first purchase and another $50 after 12 months. Thank you.
https://refer.discover.com/s/mzbsn
Get $50 free, doubled to $100 in a year! only few left, HURRY
Discover it: https://refer.discover.com/s/4ec2v
TERMS OF CASHBACK BONUS OFFER: Get a $50 Cashback Bonus after you make your first purchase within 3 months of being approved. Promotional award will be applied within 8 weeks. The promotional award is in addition to the Cashback Bonus earned on all purchases.
Cashback MatchTM: After the first 12 consecutive billing periods that your new account is open, we will match all of the cash back rewards you’ve earned and apply them to your account in the following one or two billing periods. If your account is closed or no longer in the cash back reward program at the time we calculate your potential award, your cash back will not be matched. You’ve earned cash back rewards when they have posted to your account by the end of the 12th consecutive billing period. This promotional offer may not be offered in the future. This exclusive offer is available only to new cardmembers.
https://refer.discover.com/s/m7hgn