Discover Card Offers 5% to 10% Cashback Bonus at ShopDiscover

By Seth Harbison

With the introduction of a new online shopping portal, ShopDiscover, Discover Financial Services is offering its Discover Card cardholders a new way to earn 5% to 10% cash back on their purchases. To use ShopDiscover, cardholders log in at http://www2.discovercard.com/shopcenter/ and then click through to Discover’s retail partner sites. When they make a purchase at those retailers, the enhanced bonus is automatically given on those purchases. Initial retail partners include Target, iTunes, Carnival, Foot Locker, Drugstore.com, and Beauty.com.

ShopDiscover is the latest way for cardholders to bump up their rebates from the standard CashBack Bonus, which allows for up to 1% cash back on purchases. In addition to ShopDiscover, Discover offers a “Get More” program that gives 5% cash back on certain purchase categories throughout the year. The Discover Gas Card offers a different spin, giving cardholders a 5% Cashback Bonus just on gas purchases.

According to Discover, its cardholders earned more than $600 million in Cashback Bonus rebates in 2005 and have earned more than $5 billion since 1986.

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* variable rate = credit card interest rate changes in line with federal interest rates or other rate index; fixed rate = credit card rate stays the same regardless of changes in federal rates, but still may be changed by credit card issuer in the future.

** See the online Discover credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on Discover's website.

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