Wednesday, November 2, 2011

Get $150 Cashback from Discover Card

Discover Card just sent me an Email offering a $150 cash back bonus for opening a new credit card account. Like every other credit card offer out there, they have certain conditions that you must satisfy to receive your money. For this one, you basically have to charge $1000 to your card within the first 90 days.

Update: The original offer has expired.

It is worth noting that new card members will receive a 0% introductory APR for the first 6 months. This is helpful if you run a balance, but that doesn't matter much if you usually pay off your card every month.

Additionally, I will note that Discover Card offers a 5% cashback bonus on a "seasonally rotating" list of spending categories. For the remainder of 2011, these bonus categories are as follows:

Q4 2011: Restaurants, Department Stores, Clothing Stores