Discover It 5% rebate categories starting July 1

From July 1 to September 30 Discover cardholders earn 5% cash back rewards:

• at dining establishments such as restaurants, cafes, cafeterias and fast food locations
• using PayPal in point-of-sale transactions
• with PayPal wallet online when you send money to Friends and Family via PayPal using your Discover Card

Note there is a $1,500 max spend for the 5% rebate program. Amounts over that get only 1% rewards, which limits the extra cash back to no more than $120 per quarter. But that can add up to a bonus of $480 for the first year.

New Account Incentives

1. Get 0% financing on all your purchases for 14 months from the date of account opening to help spread out the bill for a large purchase, plus the rewards.
2. For new account holders Discover matches cash back rebates at the end of your first year, that’s up to 10% cash back (limits apply).

Note: if the account is closed before 12 billing cycles complete, there will be no match.

How to redeem your rewards

1. Statement credit no minimum amount to qualify
2. Direct deposit to your bank account
3. Use on purchases at Amazon.com
4. Buy featured gift cards with $5 added to certain ones, e.g. a Dell $50 gift card can obtained with only $45 cash rewards
5. Donate to participating charities

Discover it Credit Card Benefits

Get cash over your purchases, up to $120 per purchase every 24 hours, without ATM fees, at select retail locations, such as Food Lion, Harris Teeter, Walmart

• 24/7 U.S. based customer service
• Should you lose your card, you can freeze your account in seconds with an on/off switch with the Discover App on your smartphone or the discovercard website
• $0 fraud liability guarantee on unknown purchases
• Free monthly FICO scores to monitor your credit rating
• Text alerts on account activity
• Free Social Security number and new account alerts in case of unauthorized access
• Automatic payments available so you never miss a payment
• Paperless statement option
• Year-end expense report and summary

The fine print (subject to change)

• Annual fee: $0
• No interest if balance paid in full with 25 days
• Fee for balance transfer: 5% ($5 min)
• Fee for cash advance: 5% ($10 min)
• Fee for foreign transaction: 0%
• Fee for late payment: $0 first time; $40 after that
• Fee for returned payment: up to $40
• Fee for going over your credit limit: $0

NHL Discover Card 5% cash back categories changed beginning April 1

From April 1 to June 30 Discover cardholders now earn 5% cash back rewards

• at gas stations
• with Uber and Lyft
• at wholesale clubs such as Costco

With recent surge of people staying at home wholesale clubs might offer great places to find popular items such as exercise equipment, indoor games, garden items, computers, appliances, and such.

Take note that after a $1,500 quarterly spend the rewards rate drop down to 1%.

Another incentive for new cardholders is that the Discover NHL card automatically doubles all the cash back on net purchases at the end of your first year only as a lump-sum bonus to the account. That 5% cash back becomes 10% savings.

New account holders also receive 0% financing on their purchases, on top of the rewards. However a minimum payment amount is due every month.

Unlike many other cash rewards credit cards, you can redeem the rewards for an account credit with no minimum amount necessary to reach before cashing them in.

Other features include:

• No annual fee
• The rewards never expire
• Use your cash back instantly at Amazon.com checkout
• $0 Fraud Liability Guarantee
• Free overnight shipping for card replacement
• No late fee for your first late payment
• Paying late won’t raise your APR
• Track recent FICO® Credit Scores for free
• No foreign transaction fee

Apply here for your NHL credit card.