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The Discover it® Cash Back card offers 5% cash back on up to $1,500 in combined quarterly purchases in various categories throughout the year (then 1%), a unique welcome bonus that doubles your ...
Cardholders could also earn a "Cashback Bonus", in which a percentage of the amount spent would be refunded to the account (from 1% to 5%), depending on how much the card was used. [10] Discover was also noteworthy for being the only credit card accepted by the U.S. Customs Service to pay customs duty , effective February 19, 1987. [ 11 ]
On September 1, 2002, Discover announced that Citibank would accept the Discover® Card for cash advances at its approximately 450 Financial Centers and more than 2,000 ATM locations nationwide. [21] In 2003, Discover introduced gas and miles rewards cards. The Gasoline Card (renamed Open Road in 2007) awarded 5% Cashback Bonus on gas purchases.
Discover it Cash Back: Best Sign-up Bonus. Citi Double Cash Card: Best for Beginners. Capital One SavorOne Rewards Credit Card: Best for Dining and Entertainment. American Express Blue Cash ...
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Merchants do not offer cashback on credit card transactions because they would pay a percentage commission of the additional cash amount to their bank or merchant services provider, thereby making it uneconomical. Discover is a notable exception to the above. A customer with a Discover card may get up to $120 cashback if the merchant allows it.
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