If there’s one thing about credit cards that makes life a little sweeter, it’s the cash back incentives. It’s great. Spend money on everyday purchases, like groceries, fuel, and restaurants, and get a percentage back in cash. It’s like a mini discount every time you swipe.
Not only do cash back cards offer a percentage back, but they can also often include quarterly incentives.
Discover announced the rest of 2019’s cashback quarterly incentives, and every category is spot on.
- April, May, June: Gas stations, Uber and Lyft
- July, August, September: Restaurants and PayPal
- October, November, December: Amazon.com, Target, and Walmart.com
The Discover it® Cash Back is sneaking in some savings for you, so check out these creative ways to capitalize on 5% back.
Discover offers gas pump relief
Gas prices are increasing, especially along the West coast, so Discover’s timely 5% cashback offer for gas stations and rideshares is a welcome relief. Use the card any time you fuel up between now and June 30, 2019.
West coast states could see the biggest cashback perks by using their Discover card. Washington, Nevada, and Oregon have seen gas price hikes at $3.53, $3.48, and $3.42, respectively.
If you want more reprieve from your gas guzzler, take advantage of hopping into an Uber or Lyft. You will still receive 5% cashback, plus you do your part to have fewer cars on the road.
The average cost of a three-mile Uber ride is $7.52. Not only can you save money by using these services, but you can stack savings by using the cashback offer.
1. Plan on taking lunch more often this summer
Use your Discover it®Cash Back card more often when you hit up restaurants in Q3. Any full-service restaurants, cafes, cafeterias, and fast food locations are eligible for Discover’s cashback bonus. This offer is available from July 1, 2019 through September 30, 2019.
In order to not go overboard chasing 5%, make sure you can stick to your monthly budgeted amount for eating out.
It’s tempting and convenient to spend money eating out, but make a plan to sensibly use the offer by opting for restaurants that give generous portions. You can stretch your restaurant budget by eating leftovers the next day.
2. Use PayPal to get cash back
Fan of PayPal? Same. Discover’s third quarter incentive allows cardholders to redeem 5% on all purchases made through PayPal. You can easily look for merchants and online retailers who have the PayPal button.
PayPal has some 22 million merchant accounts worldwide. A great way to take advantage of the PayPal perk is to download the app to your phone. Create an account if you haven’t done so already and link your Discover card to it.
Your purchases are protected by PayPal’s Purchase Protection program. So not only do you get the protection of buying through Discover, you also fall under PayPal’s jurisdiction. Let’s say you buy from a seller but instead you received something completely different. You could receive reimbursement plus the original shipping costs.
3. Get strategic with holiday shopping
It’s no accident that Discover partnered up with Amazon, Target, and Walmart for the last quarter of the year. It’s a good idea to do the majority of your holiday shopping with these three retailers.
One thing to note, Walmart purchases are only eligible when made on Walmart.com or through the Walmart app. You can also do grocery and in-store pick up and still receive 5%, but you can skip waiting in line on Thanksgiving since purchases made in-store at Walmart won’t count.
However, if you want to shop in-store, Target will give you 5% back, which could make for an interesting Black Friday. If you’re willing to wait in line and stay up all night for mega deals, you can still shave 5% off this holiday season.
And if you want to skip dealing with your fellow shoppers, grab an extra discount with Amazon. Last year, Amazon customers ordered more than 180 million items between Thanksgiving and Cyber Monday. You have the potential to bundle holiday deals and trim another five percent off the top.
4. How much can you save with Discover’s cashback rewards?