Best way to use Discover Cashback Bonus in 2013?

All about maximizing your rewards!
Members share tips and tricks for getting the most miles, & points.
6 posts
CSMB
Green Member
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Posts: 17
Joined: Sat Jan 05, 2013 10:56 pm
Location: New Orleans, LA

Best way to use Discover Cashback Bonus in 2013?

Postby CSMB » Fri Mar 01, 2013 1:56 pm

Looking to see how you all redeem your Discover Cashback...


mattymatt808
Platinum Member
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Posts: 60
Joined: Tue Feb 12, 2013 5:10 pm
Location: Honolulu, HI

Postby mattymatt808 » Fri Mar 01, 2013 2:05 pm

Partner gift cards are the only way to exceed $0.01 per point so if you find a useful one it is the most valuable way to redeem (I'd probably spring for one for a clothing store like Macy's or Sears). Statement credit and direct deposit are a flat $0.01 and only redeemable in increments of $50 (Hawaii is apparently ineligible for Discover Gift Cards so I don't know much about that option).
$2500 First Hawaiian Bank (6/10)
$4500 CHASE Freedom (2/13)
$3500 Citi Forward (2/13)
$2000 Discover it (2/13)
$9600 AMEX BCE (3/13)
$10000 CHASE Sapphire Preferred (7/13)
$5000 CHASE Ink Plus (8/13)

FutureBillionaire
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Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Fri Mar 01, 2013 3:36 pm

Partner gift cards is by far the best way to go. I'm going to use some rewards to put towards a Gucci Belt from Neiman Marcus.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

DavidNY
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Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Sat Mar 02, 2013 12:33 pm

Partner gift cards.

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Calipso
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Posts: 195
Joined: Mon Oct 29, 2012 2:50 pm
Location: Boston

Postby Calipso » Sat Mar 02, 2013 2:31 pm

Partner gift cards and occasionally an Amazon.com purchase.
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500

lucasoil4u
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Posts: 73
Joined: Wed Jun 20, 2012 3:40 pm
Location: Minnesota

Postby lucasoil4u » Fri Mar 08, 2013 9:45 am

statement credit around christmas.



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