reviewer
momofblandcl
Oklahoma City, OK

Cashback is VERY tricky

3 star rating

always looking for ways to save, not rich, Every day computer user, interest conscious
Pros

    Cash Back

Cons
    UP TO 1%

DEC
2
2007
Please know that when credit cards offer you "up to 1% cashback", this does not mean 1% cashback.  In calling Discovercard, you have to spend different levels before the 1% can kick in. For example, for each calendar year you have the card, you get .025% cashback until you have charged $3000.  Then, you might get .050% until you have charged $6000.  This keeps going up until whatever it is for 1%, it could be as high as $12,000.  PLUS, this resets to 0 EACH calendar year!  I had been a user of their card for over 10 years (I was only 16 and naive for that long) until I realized this.

Last edited on Dec 13, 2007



I_thumb_up Discover - Platinum Cash Back Credit Card is recommended by momofblandcl

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