Discover just rolled out a new double cashback promotion with their Discover it Sign Up Bonus [1].
The good news? The double cashback promotion is available for existing cardholders and it doubles our quarterly rotating cash rewards [2] to 10%!
Happy Free Money [3] Friday!
How to Get Your Double Cashback
- Call (1-800-DISCOVER) or send a message to Discover.
- Request to be enrolled in the Discover Double Cash Promotion by
July 31, 2015. - Earn double cash back for the next 12 statement cycles.
- The bonus cashback will be posted at the end of 12 months.
Update: It looks like Discover ended the sign up period early for existing customers. Hopefully, lot of readers enrolled while it was available. You can still get the double cashback with a new Discover it card. See the cash back category in our credit card directory [4] for links to the current offer.
Terms and Conditions
- No annual fee on the Discover it card.
- Offer available to new and existing cardmembers.
- You will not earn the double cashback if your account is closed on the reward date.
More on Discover
10% Quarterly Categories. The cash back on the 5% quarterly purchases [2] will double to 10%. 3rd quarter includes home improvement stores, department stores and Amazon.com [5]! See the entire 2015 Discover It Rewards Calendar [6].
2% Cashback. 1% cash back on all other purchases will double to 2%.
Portal Cashback. Doctor of Credit [7] reports that Shop Discover Cashback [8] will also be doubled during the promotion.