Sumary of Discover cash back calendar 2021: Earn cash back in rotating bonus categories like Amazon, dining, and Walmart.com:
- Some Discover credit cards offer cash back bonus categories that change every three months.
- These include the Discover it® Cash Back and Discover it® Student Cash Back.
- If you want to make the most of cash-back credit cards, there are different earning structures to be aware of.
- Some cards offer a flat cash-back rate for all purchases, others include extra rewards in specific categories, and a few offer increased earnings in bonus categories that rotate every quarter.
- The Discover it® Cash Back and Discover it® Student Cash Back fall into the last category.
- To earn 5% cash back, you’ll first need to activate the bonus through your Discover online account, and if you enroll after the start of the quarter, the bonus will be in effect from the day you activate (from July to September 30, 2021, you can earn 5% cash back at restaurants and PayPal on up to $1,500 in purchases after enrollment, then 1%).
- Discover it Cash Back credit card reviewNew cardholders will also have all of their rewards matched after their first 12 months through the Discover cash back match program, which can add up quickly if you spend a lot on your card throughout the year.
- These cards won’t be worth it if you’re paying interest or late fees.