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The Discover it® Cash Back card offers 5% cash back on up to $1,500 in combined quarterly purchases in various categories throughout the year (then 1%), a unique welcome bonus that doubles your ...
Discover it Cash Back: Best Sign-up Bonus. Citi Double Cash Card: Best for Beginners. Capital One SavorOne Rewards Credit Card: Best for Dining and Entertainment. American Express Blue Cash ...
Discover is a credit card brand issued primarily in the United States. It was introduced by Sears in 1985. When launched, Discover did not charge an annual fee and offered a higher-than-normal credit limit. A subsequent innovation was "Cashback Bonus" on purchases. [1]
Collins noted that with rotating quarterly categories for 5% cash back, up to $1,500 in purchases, this card is great for maximizing rewards on specific spending categories such as groceries, gas ...
On September 1, 2002, Discover announced that Citibank would accept the Discover® Card for cash advances at its approximately 450 Financial Centers and more than 2,000 ATM locations nationwide. [21] In 2003, Discover introduced gas and miles rewards cards. The Gasoline Card (renamed Open Road in 2007) awarded 5% Cashback Bonus on gas purchases.
Merchants do not offer cashback on credit card transactions because they would pay a percentage commission of the additional cash amount to their bank or merchant services provider, thereby making it uneconomical. Discover is a notable exception to the above. A customer with a Discover card may get up to $120 cashback if the merchant allows it.
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