No more $50 for cash

All about Discover & Diners Club - talk about their credit card deals such as the More, Miles, Escape, and others.
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MB131174
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No more $50 for cash

Postby MB131174 » Wed Nov 19, 2014 8:56 pm

Discover is now allowing statement credits and cash back direct deposits in any amount, starting at one penny.
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lobbythis
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Postby lobbythis » Wed Nov 19, 2014 9:41 pm

Sweet, thanks for the update. My sibling just got an It card. Good to know!

popamode72
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Postby popamode72 » Wed Nov 19, 2014 10:18 pm

Well that gives me one HUGE reason to keep my Discover card now. Thanks for the heads up.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

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Terry
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Postby Terry » Wed Nov 19, 2014 11:51 pm

MB131174 wrote:Discover is now allowing statement credits and cash back direct deposits in any amount, starting at one penny.


I am pleased to hear that Discover is allowing statement credits of any amount. Another great feature is the price match which saved me $400.00 on a recent camera purchase.
AMEX Green Card - NPSL [Member Since 1995] ;)
AMEX Everyday Card ($25,000) 6/14 Backdated to 1995 - For 20% Extra Points Benefit
Chase Freedom Visa Signature ($17,000) - For 5% rotating categories
Citi ThankYou Preferred Visa Signature ($16,000) - 2% dining
Discover IT Humane Society Design ($16,500) - For 5% rotating categories
Firestone ($2,600) - For 0% financing
Home Depot ($10,000) - For 0% financing
JCPenney Credit Card ($7,000) - For special discounts
Sam's Club MasterCard - ($20,000) - 5% off gas at any fuel pump
Wells Fargo Personal Line of Credit - ($15,000)

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beef.stu
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Postby beef.stu » Thu Nov 20, 2014 3:02 am

praise the lord!

This was my biggest gripe about this card and now they have done better than just matching the $20/25 redemption amount others commonly use
(01/10) - Wells Fargo VISA Platinum
(05/10) - Techron Advantage
(10/12) - Amex BCE
(02/13) - Chase Freedom VISA
(09/13) - Discover It
(03/14) - Sallie Mae WMC
(09/15) - Citi Double Cash WEMC
(09/16) - US Bank Cash+ VISA Signature

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nismoZtuner
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Postby nismoZtuner » Thu Nov 20, 2014 4:02 pm

I saw that as well- i can purchases on Amazon using cashback from my discover balance without even getting to $50 anymore
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]
American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]
Chase Sapphire Preferred[7.3]
Inquires: TU(?) EX(?) EQ(?)
TCL-$19,800
Age-22

MB131174
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Postby MB131174 » Thu Nov 20, 2014 4:05 pm

nismoZtuner wrote:I saw that as well- i can purchases on Amazon using cashback from my discover balance without even getting to $50 anymore


You've always been able to redeem any amount on amazon.com, even a few bucks. Deposits and statement credits have always required a minimum of $50. With the elimination of a minimum amount for redemption for cash/statements now, I can't help but wonder what else the big D has up their sleeve. Yes, I realize what I just said.
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dickey1331
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Postby dickey1331 » Thu Nov 20, 2014 5:57 pm

Awesome! This is what Ive wanted for a while.
Platinum Delta Skymiles $12,900
Marriott Rewards Premier $12,000
Discover IT $12,000
USAA Cash Rewards $11,000
American Express Blue Cash Preferred $10,000
Chase Sapphire Preferred $6,500
Best Buy $6,000
Chase Freedom $4,500
Zales $4,000
Amazon Prime $4,000

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Vattené
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Postby Vattené » Thu Nov 20, 2014 7:08 pm

That is awesome, thanks for letting us know! I can understand them wanted to set a minimum (even though I agree $50 does seem high), but I'm glad to learn they've done away with it. Discover's still my favorite card.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

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nismoZtuner
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Postby nismoZtuner » Thu Nov 20, 2014 11:21 pm

MB131174 wrote:You've always been able to redeem any amount on amazon.com, even a few bucks. Deposits and statement credits have always required a minimum of $50. With the elimination of a minimum amount for redemption for cash/statements now, I can't help but wonder what else the big D has up their sleeve. Yes, I realize what I just said.


I see what you did there hahah
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710

BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]

American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]

Chase Sapphire Preferred[7.3]

Inquires: TU(?) EX(?) EQ(?)

TCL-$19,800

Age-22



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