The content is accurate at the time of publication and is subject to change.

With the Discover it® Cash Back card, you can earn 5% cash back on everyday purchases at different places each quarter up to a quarterly maximum of $1,500 in spending when activated. Plus, earn unlimited 1% cash back on all other purchases - automatically. Discover will also match all cash back earned at the end of your first year as a cardholder.

For instance, from now to September 30, 2024, cardholders can earn 5% Cashback Bonus at Walmart and Grocery Stores, on up to $1,500 in purchases when you activate. For the first time ever, Walmart purchases - both in store and online - will earn 5% cash back. After you hit that spending limit, you earn 1% cash back on any additional purchases in these rotating categories.

You can use the Discover cash-back calendar to find out the bonus rewards categories for each quarter. Discover reveals and opens the 5% cash back bonus category activation in the month before the start of the next quarter. Keeping track of this calendar is important since rotating bonus categories are announced every quarter, and the categories may change from year to year. Also, bonus categories have to be activated. You can do it in a few clicks on the Discover mobile app or your online account or by calling Discover customer service, but activating a category is the only way cardholders can earn their quarterly bonus rewards.

tags : Cash Back Rewards Rewards Program

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All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.