How exactly does cashback match work?

Questions, reviews and discussions about the Discover it - Cashback Match credit card.
Wanda R.

How exactly does cashback match work?

Postby Wanda R. » Tue Apr 18, 2017 9:53 am

What exactly is Cashback Match is and what does entail?

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Joined: Fri Oct 18, 2013 9:19 am

Re: How exactly does cashback match work?

Postby jocelynadvisor » Tue Apr 18, 2017 3:36 pm

Cashback match refers to a bonus offered to new Discover customers who apply for Discover it - Cashback Match. If you are eligible, then all of the cashback earned during your first 12 months of card ownership will be matched by Discover at the end of the year. For example, if you earn $250 cashback during your first year, when that time period is up, Discover will give you an additional $250 in cashback rewards as a bonus. Although there is no set limit to how much cashback you can earn in a year, keep in mind that you can only earn 5% cash back on a maximum of $1,500 in purchases each quarter. All purchases beyond the quarterly maximum (and purchases which fall outside the current quarter's categories) will earn 1% cash back.

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