Current Discover It Cardholders Can Also Earn Double Cash Back
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This morning, we shared an offer for the Discover it card that allows new cardholders to earn double cash back for their first 12 billing cycles. When combined with 5% bonus categories, that means you’ll earn a whopping 10% cash back on purchases. For example, through the end of June, you can earn 10% back on the first $1,500 spent at restaurants and movie theaters. Then from July through September, you’ll earn 10% back on the first $1,500 spent at home improvement stores, department stores and Amazon.com, and so on.
Making the deal even sweeter, Discover just confirmed that existing cardholders are eligible to enroll as well — just call the number on the back of your card and ask to enroll in the double cash back promotion. You’ll also earn double cash back (2% total) on all other purchases with no cap. The double cash-back promotion also applies to Discover it Miles, so if you have that card you’ll earn 3% cash back (that can be redeemed toward travel spend) for the next 12 billing cycles. Both cards have no annual fee, and while there isn’t a sign-up bonus, you can potentially earn quite a bit over the next 12 months. You’ll receive the double cash portion from the previous 12 billing cycles at the end of the one-year period (so you need to keep your account open until after you receive the bonus cash).
For more information on these cards, check out these posts: