I enrolled in Discover’s “Double All Cash Back” promotion last month. It’s a great promo they literally double all cash back you earn for twelve statement cycle. My promotion started on 6/12. Since then, I’ve been using their shopping portal (Discover Deals) more often. And it will be no problem to earn a full of Q3 category bonus. The bonus offers cash back for up to $1500 spent at home improvement, department stores, or amazon.com. I regularly spend more than $1500 at home improvement stores. Even if I don’t spend that much, I can buy third-party GCs at Lowes or VGCs at Sears to get a full of category bonus.
Last Quarter, however, wasn’t easy to earn. Q2 category bonus was restaurant and movie. First of all, I don’t spend very much on these categories. Second, if I seriously wanted to save more money, I would have bought GCs from GCs resellers with more discount. There are 10% or even 20+% off GCs for restaurants and movies. Thus, I used my Discover card only a few times at restaurants when I enrolled in “Double All Cash Back” promotion.
The promotion will give you another 5% cash back. So, I thought there might be a way to earn a full of bonus cash back effectively. After some research, I found Fandango might be used for this purpose. And I bought $50 e-gift card as a test.
I made some mistakes. I assume that Save ya accepts Fandango e-gift cards, but they don’t. And I couldn’t tell from recent activity at Discover website whether or not cash back would post. But I thought cash back from DD would most likely post because I received a confirmation email. So, I bought five $100 physical GCs. Since physical GCs took longer to arrive than I expected, I couldn’t buy more GCs in Q2.
Now that statement closed, I can see the result.
- 5% CBB- RESTAURANTS AND MOVIES + $28.07
- SHOPDISCOVER 10% – FANDANGO.CO + $55.00
I spent $559.75 in total. Shipping cost and purchase fee ($9.75) is not eligible for cash back of DD. $55 came from $550 spent. It’s easy to confirm. As for 5% category bonus, $28.07*0.05=$27.99. It posted a little more because I spent a few dollars at a coffee shop. So, both of 5% category bonus and DD have been posted without a problem.
Lastly, It’s off-topic, but I wonder why they still use SHOPDISCOVER for some merchants in a statement while some of them are written as DDEALS in a statement.