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Credit Card Applications » News » Other » Rebates doubled by discover card for shopping during holidays

Rebates doubled by discover card for shopping during holidays

November 14, 2010 | Updated on November 14, 2010
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The content is accurate at the time of publication and is subject to change.

There is a lot of good news for Discover credit card customers come this holiday. As they come nearer, the amount of shopping that customers will go for, would also rise slowly. Therefore Discover has used this opportunity to attract more credit card customers to its card by offering an amazing deal. Starting from November 15th, those customers of Discover credit card, who availed the 1% cash back offer on the expenses on their cards, will get 2% cash back. This doubling of rebates is just what the customers would have wished for the holiday season this year. Credit card holders of Discover More, Motiva and Open Road cards are getting a holiday bonus now with the 2% rebate on the shopping that they would do online.

This rebate is available on all purchases from the 15th of November till the end of December. This time duration is perfect for all the shoppers to derive rich benefits from Black Friday sales. However, in order to avail this offer, credit card customers have to sign up online, just the same way they need to do for the 5% cash back cards from Discover, a very limited offering. The doubling of rebate offer is limited to 1000 dollars in purchases. Putting it into perspective, customers would be earning 10 dollars more than what they would normally get, which is not huge. However, for the Discover credit card customers, it is a small amount of extra savings to pocket.

There are more and more credit card cash back offers ahead of the shopping season which only shows that credit card issuers are trying to get the customers to spend more money with their credit cards. Those credit card customers who have an excellent credit rating are getting the best deals. A good example is that of Discover More, which offers 100 dollars to all new customers if they spend 500 dollars or more on the credit card in the first 3 months of getting the card. Chase Freedom is offering a similar deal except that the 100 dollars would be given to customers spending 800 dollars in the first 3 months. Many credit card companies are offering rewards to the customers. The main reason is to get the customers for whom it is a secondary card to use it like a primary one, which can greatly boost the revenues of the credit card issuers.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
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.
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