Discover – $200 Bonus + Double Rewards First Year (Up to $800 with Spin Categories)


Offers

Direct link to the offer

  • Discover offers the following Discover it card sign-up bonus:
    • $200 signup bonus when you spend +$500 within three months
    • Unlimited Double Cashback on all purchases for the first year. The card earns in the following years:
      • 5% back on subsequent categories every quarter. Spend up to $1,500 per quarter
      • 1% cashback on all purchases

Card details

  • The card has no annual fee
  • Profit rates:
    • 5% back on subsequent categories every quarter. Spend up to $1,500 per quarter
    • 1% cashback on all purchases
  • Cash Back Match: We’ll match all the cash back you’ve earned on your credit card from the day your new account is approved through your first 365 days and add it to your rewards account within two billing periods. You earn money only when transactions are processed, which may be after the transaction date. We will not match: rewards that are processed after your match period has ended; statement credits; rewards transfers from Discover or Capital One checking or other deposit accounts; or rewards for accounts that have been closed. This promotional offer may not be available in the future and is exclusive to new card members. There are no minimum purchases.

Our verdict

Reader bockrr found this on a sponsored listing on Google, so I’m not sure if it’s a new offer that Discover is actively promoting or not. The previous best deal was a $100 referral + match for the first year. Usually the signup bonus doesn’t match, although I’m surprised it’s not specifically mentioned in the terms. I think this bonus is worth considering, if you max out the categories of 5% every quarter you would earn:

  • $200 signup bonus
  • $600 from the following categories

We will add this to our list best credit card bonuses.

Hat tip to the reader bockrr (side note, someone please convince bockrr to make a page with all their referrals)



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