Kevin86475391 wrote:That will be nice! I'm very disappointed this quarter since they're both doing gas....I buy at most $30 worth of gas about every 3 months. So both cards are useless for me right now with category spending. Restaurants and groceries are two of my biggest spend categories though (along with online shopping).
Do you ever get gift cards for restaurants at gas stations during gas quarters? You're a lot more limited to what gift cards are available, and of course some gas stations have nothing while some have much more choices, but if you find you're going to a big chain anyway you might be able to get a gift card for it on the way. I've done that during gas and home improvement quarters. Could be a good way to boost your 5% spending without increasing your overall spending, and it's not too much of a hassle.
Kevin86475391 wrote:Yeah, I didn't know that either. I've had mine for well over a year though, so I'm sure I'm not entitled to any new account bonus. Their checking account is pretty nice too. You get .10 cash back on every transaction (debit, deposit, or bill pay, up to 300 transactions I think). Not much, but theoretically any time you would be charging something tiny on another card, you're better off rewards-wise using the cashback checking instead. In practice I don't bother with it though since I don't even carry the card.
yfan wrote:I'm starting to take advantage of Cashback checking starting this month. Up until last month, my CU was giving 4% interest on up to $20K account balance with certain conditions (like bill pay), so I just paid all my CC bills with them for simplicity's sake. They are reducing that now to 3% on $10K balance so I'll leave one bill with them (I have a CC from them so luckily it'll be just that) and move the rest to be paid (pushed) from my Discover Cashback checking.
I'm currently getting just 2% interest, but I find it worth it to jump through the hoops. If my bank ever got rid of it, I would probably move my business to a Discover checking account for their cashback program plus use their debit card for any transaction I made under $10. I like to support local banks, but if they can't compete with the bigger banks (like they generally can't when it comes to credit card rewards) then it's their loss.